The Pi Network team has reportedly taken steps to stabilize the Pi coin price. This follows recent token unlocks that introduced more supply into the market. Despite this, the Pi coin has remained above the $0.60 support zone, avoiding further declines.
Crypto expert Dr. Altcoin shared details of the team’s efforts in an X post. He explained that the team is absorbing excess supply entering centralized exchanges (CEXs). This move is aimed at preserving price stability in the short term.
Pi Network Introduces Strategy To Absorb Supply
According to Dr. Altcoin, the Pi Network team has implemented a strategy to offset the extra tokens. This was triggered by unlocked tokens that could have increased selling pressure on exchanges.
He revealed that the strategy has helped the coin avoid dropping to $0.30 or below. The price continues to stay near $0.63, which functions as a dominating support region. The expert observed that this strategic movement indicates the Pi team plans for enduring expansion.
The team demonstrates no public declaration regarding this particular approach. The sustained price support above $0.60 indicates that team members work to manage selling pressure according to the claim. The project demonstrates its market-responsive nature in the unlock phase through these operational approaches.
Pi Core Team’s Vision for Long-Term Stability
In his statement, Dr. Altcoin stated that the Pi Core Team’s actions suggest that the project is not a pump-and-dump scheme. The committee member stated that this confirms Pi Network’s sustained support for its ecological system when cryptocurrency tokens begin to enter public circulation.
The leader showed awareness of social unrest because of high costs and small team communication. He maintains optimistic faith about the future potential of the project, even though he acknowledges the present situation. “The Pi Network still ranks in the top 30 by market cap,” he said, pointing to ongoing community activity and token adoption.
He also emphasized that the project’s response to the unlocked supply points to a long-term vision. Market data from CoinMarketCap shows the coin’s market capitalization remains stable. The expert also highlighted the team’s potential presence at Consensus 2025 as a chance to increase visibility.
Price Predictions and Community Activity
Dr. Altcoin reiterated his long-term prediction that Pi Network’s price could reach $314 within five years. He added that he has “never been more confident” in the token’s future than now.
Crypto analyst Moon Jeff believes the Pi price may soon reclaim $1. He predicts a possible short-term rally to $5. A future listing by a top exchange could drive the price higher. HTX recently signaled possible support for the Pi coin, according to recent coverage.
Market Reaction and Forward Outlook
More users from retail and institutional backgrounds are currently showing interest in the Pi Network. The team’s management of unlocked token pressure should preserve the cryptocurrency’s price stability. According to Messari data, altcoin prices tend to decrease after major unlock events in the token supply unless active measures are implemented.
The developers of Pi Network continue to work on ecosystem development without establishing any formal dates for the open main net launch. Due to shifting market factors, market watchers must track progress, while investors need to avoid dangerous activities.
The success of the future Pi coin depends on enhanced transparency combined with increasing demand across exchanges while users actively adopt its platform. Investors building their market position need to watch current transformations in the wider altcoin market sector.
