Pi Coin’s post-Pi2Day optimism is wearing thin. After briefly teasing higher ground, the token has dipped to $0.51, dragged down by community backlash over a controversial staking update.
The new “Ecosystem Directory Staking” sounded promising at first, a system where users back their favorite apps with locked Pi. But within hours, the Core Team clarified that no rewards would be given. No incentives. No yield. Just pure support. That pivot didn’t sit well with a user base already frustrated by delays in utility, KYC bottlenecks, and locked coins.
Over the last 7 days, Pi has shed more than 21%. Even with a minor bounce in the past 24 hours, sentiment remains shaky. The bigger problem? Pi still isn’t listed on top-tier exchanges, and most of its supply is still in lockdown.
Let’s be blunt, $1,000 is a stretch without a miracle. Unless Pi secures major exchange listings and rolls out actual utility, that number stays in dreamland. A more realistic 2030 forecast? Somewhere in the $2–$5 range, if adoption picks up and locked tokens finally move.
MACD is flatlining. Momentum is soft. Unless bulls flip $0.58 with real volume, Pi looks stuck in limbo.
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This post was last modified on Jul 03, 2025, 07:32 BST 07:32