{"id":36390,"date":"2025-07-11T13:16:52","date_gmt":"2025-07-11T13:16:52","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=36390"},"modified":"2025-07-11T13:16:52","modified_gmt":"2025-07-11T13:16:52","slug":"no-major-gains-for-pi-network-pi-analyst-reveals-the-reason","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=36390","title":{"rendered":"No Major Gains for Pi Network (PI)? Analyst Reveals the Reason"},"content":{"rendered":"<div>\n<p><strong>TL;DR<\/strong><\/p>\n<ul>\n<li><span data-preserver-spaces=\"true\">PI\u2019s price increased by a mere 2.2% daily, possibly held back by low liquidity, concerns <\/span><span data-preserver-spaces=\"true\">over centralization<\/span><span data-preserver-spaces=\"true\">, and weak investor confidence.<\/span><\/li>\n<li><span data-preserver-spaces=\"true\">Over 215 million PI tokens <\/span><span data-preserver-spaces=\"true\">are set<\/span><span data-preserver-spaces=\"true\"> to unlock soon, while exchange holdings have risen to 381.4 million, signaling potential selling ahead.<\/span><\/li>\n<\/ul>\n<h2><span data-preserver-spaces=\"true\"><a href=\"http:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/07\/PI_CB-26.jpg\" data-wpel-link=\"internal\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-403791\" src=\"http:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/07\/PI_CB-26.jpg\" alt=\"\" width=\"1201\" height=\"720\" srcset=\"https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/07\/PI_CB-26.jpg 1201w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/07\/PI_CB-26-300x180.jpg 300w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/07\/PI_CB-26-1024x614.jpg 1024w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/07\/PI_CB-26-768x460.jpg 768w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/07\/PI_CB-26-50x30.jpg 50w\" sizes=\"auto, (max-width: 1201px) 100vw, 1201px\"><\/a><\/span><\/h2>\n<h2>PI Lags Behind<\/h2>\n<p><span data-preserver-spaces=\"true\">The entire cryptocurrency market has been on fire over the past few days, with Bitcoin (BTC) <a href=\"https:\/\/cryptopotato.com\/new-bitcoin-record-at-118k-on-chain-clues-reveal-this-rally-is-different\/\" data-wpel-link=\"internal\">tapping<\/a> a new all-time high price of over $118,000. The altcoins performed <\/span><span data-preserver-spaces=\"true\">quite<\/span><span data-preserver-spaces=\"true\"> well, too: Ethereum (ETH) spiked by 8% daily to surpass $3,000, Ripple (XRP) jumped by 9%, and<\/span> <span data-preserver-spaces=\"true\">Cardano (ADA) headed north by 16%.<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">Pi Network (PI) has also posted some gains, albeit far insignificant compared to the majority of cryptocurrencies. Its valuation increased by 2.2% over the last 24 hours, and it currently trades at just below $0.50. Its market cap briefly exceeded $4 billion before retracing to the current $3.8 billion, making PI the 38th-largest digital asset.\u00a0<\/span><\/p>\n<figure id=\"attachment_403789\" aria-describedby=\"caption-attachment-403789\" style=\"width: 568px\" class=\"wp-caption aligncenter\"><a href=\"http:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/07\/PI-Price-1.png\" data-wpel-link=\"internal\"><img loading=\"lazy\" decoding=\"async\" class=\"wp-image-403789\" src=\"http:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/07\/PI-Price-1.png\" alt=\"PI Price\" width=\"568\" height=\"400\" srcset=\"https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/07\/PI-Price-1.png 842w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/07\/PI-Price-1-300x211.png 300w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/07\/PI-Price-1-768x541.png 768w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/07\/PI-Price-1-50x35.png 50w\" sizes=\"auto, (max-width: 568px) 100vw, 568px\"><\/a><figcaption id=\"caption-attachment-403789\" class=\"wp-caption-text\">PI Price, Source: CoinGecko<\/figcaption><\/figure>\n<p><span data-preserver-spaces=\"true\">According to one popular X user, the native token of the controversial crypto project could follow BTC\u2019s bullish momentum. <\/span><span data-preserver-spaces=\"true\">However, they <\/span><a class=\"editor-rtfLink\" href=\"https:\/\/x.com\/pinetworkmember\/status\/1943555429973311832\" target=\"_blank\" rel=\"noopener\" data-wpel-link=\"external\"><span data-preserver-spaces=\"true\">suggested<\/span><\/a><span data-preserver-spaces=\"true\"> that PI\u2019s \u201cmissing decentralization, communication from the CT, and liquidity\u201d would <\/span><span data-preserver-spaces=\"true\">hamper the<\/span><span data-preserver-spaces=\"true\"> prospects <\/span><span data-preserver-spaces=\"true\">of<\/span><span data-preserver-spaces=\"true\"> serious gains.<\/span><\/p>\n<blockquote>\n<p><span data-preserver-spaces=\"true\">\u201cIt won\u2019t rise any significantly as it does not have enough liquidity and no decentralization. No one wants to put capital into an ecosystem where<\/span><span data-preserver-spaces=\"true\"> 1 <\/span><span data-preserver-spaces=\"true\">couple controls everything,\u201d the X user <\/span><a class=\"editor-rtfLink\" href=\"https:\/\/x.com\/pinetworkmember\/status\/1943557272606773698\" target=\"_blank\" rel=\"noopener\" data-wpel-link=\"external\"><span data-preserver-spaces=\"true\">claimed<\/span><\/a><span data-preserver-spaces=\"true\">.<\/span><\/p>\n<\/blockquote>\n<p><span data-preserver-spaces=\"true\">Despite a slight price uptick over the last 24 hours, PI is down 70% on a two-month scale. X user Zoe recently <\/span><a class=\"editor-rtfLink\" href=\"https:\/\/cryptopotato.com\/pi-network-pi-crashes-by-70-in-2-months-is-there-any-hope-left\/\" target=\"_blank\" rel=\"noopener\" data-wpel-link=\"internal\"><span data-preserver-spaces=\"true\">argued<\/span><\/a><span data-preserver-spaces=\"true\"> that the asset\u2019s \u201cmain problem\u201d lies in its massive supply and the constant release of new tokens.<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">More than 215 million coins <\/span><span data-preserver-spaces=\"true\">are set<\/span><span data-preserver-spaces=\"true\"> to unlock in the next month, with approximately 13.3 million PI scheduled <\/span><span data-preserver-spaces=\"true\">on July 11<\/span><span data-preserver-spaces=\"true\"> alone. This development allows investors to sell their holdings, potentially pushing the valuation even lower.<br \/>\n<\/span><\/p>\n<figure id=\"attachment_403787\" aria-describedby=\"caption-attachment-403787\" style=\"width: 1427px\" class=\"wp-caption aligncenter\"><a href=\"http:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/07\/PI-Token-Unlocks-1.png\" data-wpel-link=\"internal\"><img loading=\"lazy\" decoding=\"async\" class=\"wp-image-403787\" src=\"http:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/07\/PI-Token-Unlocks-1.png\" alt=\"PI Token Unlocks\" width=\"1427\" height=\"400\" srcset=\"https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/07\/PI-Token-Unlocks-1.png 1356w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/07\/PI-Token-Unlocks-1-300x84.png 300w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/07\/PI-Token-Unlocks-1-1024x287.png 1024w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/07\/PI-Token-Unlocks-1-768x215.png 768w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/07\/PI-Token-Unlocks-1-50x14.png 50w\" sizes=\"auto, (max-width: 1427px) 100vw, 1427px\"><\/a><figcaption id=\"caption-attachment-403787\" class=\"wp-caption-text\">PI Token Unlocks, Source: piscan.io<\/figcaption><\/figure>\n<p><span data-preserver-spaces=\"true\">Zoe thinks PI\u2019s price may continue to \u201cbleed slowly\u201d as long as the team behind the project does not introduce a <\/span><span data-preserver-spaces=\"true\">burning<\/span><span data-preserver-spaces=\"true\"> mechanism.<\/span><span data-preserver-spaces=\"true\">\u00a0<\/span><\/p>\n<h2><span data-preserver-spaces=\"true\">Another Bearish Factor<\/span><\/h2>\n<p><span data-preserver-spaces=\"true\">The <\/span><span data-preserver-spaces=\"true\">rising<\/span><span data-preserver-spaces=\"true\"> number of PI coins stored on centralized crypto exchanges <\/span><span data-preserver-spaces=\"true\">indicates <\/span><span data-preserver-spaces=\"true\">a<\/span><span data-preserver-spaces=\"true\"> rising<\/span><span data-preserver-spaces=\"true\"> selling pressure and could contribute to a renewed <\/span><span data-preserver-spaces=\"true\">downturn<\/span><span data-preserver-spaces=\"true\"> in the asset\u2019s price.<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">The total amount of coins on such platforms <\/span><a class=\"editor-rtfLink\" href=\"https:\/\/cryptopotato.com\/376000000-pi-hits-exchanges-is-a-pi-netowrk-sell-off-inevitable\/\" target=\"_blank\" rel=\"noopener\" data-wpel-link=\"internal\"><span data-preserver-spaces=\"true\">stood<\/span><\/a><span data-preserver-spaces=\"true\"> at 376 million as of July 10, but over the past 24 hours, there was an increase of approximately four million, <\/span><a class=\"editor-rtfLink\" href=\"https:\/\/piscan.io\/core-team-cex-statistics\" target=\"_blank\" rel=\"noopener\" data-wpel-link=\"external\"><span data-preserver-spaces=\"true\">bringing<\/span><\/a><span data-preserver-spaces=\"true\"> the figure to 381.4 million.\u00a0<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">Gate.io leads with 178.5 million in their depositing wallet, whereas Bitget comes in second with 133.7 million.<\/span><\/p>\n<p>The post <a href=\"https:\/\/cryptopotato.com\/no-major-gains-for-pi-network-pi-analyst-reveals-the-reason\/\" rel=\"nofollow\">No Major Gains for Pi Network (PI)? Analyst Reveals the Reason<\/a> appeared first on <a href=\"https:\/\/cryptopotato.com\/\" rel=\"nofollow\">CryptoPotato<\/a>.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>TL;DR PI\u2019s price increased by a mere 2.2% daily, possibly held back by low liquidity, concerns over centralization, and weak investor confidence. Over 215 million PI tokens are set to unlock soon, while exchange holdings have risen to 381.4 million, signaling potential selling ahead. PI Lags Behind The entire cryptocurrency market has been on fire [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-36390","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/36390","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=36390"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/36390\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=36390"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=36390"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=36390"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}