{"id":36962,"date":"2025-07-15T11:48:12","date_gmt":"2025-07-15T11:48:12","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=36962"},"modified":"2025-07-15T11:48:12","modified_gmt":"2025-07-15T11:48:12","slug":"pi-network-pi-bull-run-dead-analyst-reveals-the-breaking-point","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=36962","title":{"rendered":"Pi Network (PI) Bull Run Dead? Analyst Reveals the Breaking Point"},"content":{"rendered":"<div>\n<p><strong>TL;DR<\/strong><\/p>\n<ul>\n<li><span data-preserver-spaces=\"true\">PI continues to struggle, with some analysts naming several reasons why its bull run could be over.<\/span><\/li>\n<li>Among the factors is the increased number of token unlocks.<\/li>\n<\/ul>\n<h2><span data-preserver-spaces=\"true\"><a href=\"http:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/07\/PI_CB-27.jpg\" data-wpel-link=\"internal\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-404303\" src=\"http:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/07\/PI_CB-27.jpg\" alt=\"\" width=\"1201\" height=\"720\" srcset=\"https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/07\/PI_CB-27.jpg 1201w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/07\/PI_CB-27-300x180.jpg 300w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/07\/PI_CB-27-1024x614.jpg 1024w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/07\/PI_CB-27-768x460.jpg 768w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/07\/PI_CB-27-50x30.jpg 50w\" sizes=\"auto, (max-width: 1201px) 100vw, 1201px\"><\/a><\/span><\/h2>\n<h2>$10 Isn\u2019t Happening<\/h2>\n<p><span data-preserver-spaces=\"true\">Despite the pullback witnessed over the past several hours, the cryptocurrency market has been <\/span><span data-preserver-spaces=\"true\">booming<\/span><span data-preserver-spaces=\"true\"> in the last week or so.<\/span><span data-preserver-spaces=\"true\"> Bitcoin (BTC) <a href=\"https:\/\/cryptopotato.com\/is-this-the-last-dance-bitcoin-btc-smashes-another-ath-euphoria-looms\/\" data-wpel-link=\"internal\">reached<\/a> a new all-time high of approximately $123,000, Ethereum (ETH) surged by 17% weekly to cross $3,000, while Ripple (XRP) briefly <a href=\"https:\/\/cryptopotato.com\/ripples-xrp-surged-to-4-month-high-4-catalysts-fueling-the-latest-rally\/\" data-wpel-link=\"internal\">surpassed<\/a> $3.<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">Nonetheless, Pi Network\u2019s PI did not follow the overall rally. It remains in red territory on a seven-day scale and currently trades at around $0.45 (per CoinGecko\u2019s data).<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">Its weak performance has drawn attention from some market observers who believe the asset\u2019s bull run may be over. Recall that PI <\/span><a class=\"editor-rtfLink\" href=\"https:\/\/cryptopotato.com\/pi-network-pi-explodes-by-35-daily-reaching-a-new-ath-is-the-bull-run-just-starting\/\" target=\"_blank\" rel=\"noopener\" data-wpel-link=\"internal\"><span data-preserver-spaces=\"true\">reached<\/span><\/a><span data-preserver-spaces=\"true\"> an ATH of roughly $3 towards the end of February, but since then, it has been on a steep decline.\u00a0<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">The X user <\/span><span data-preserver-spaces=\"true\">pinetworkmembers<\/span> <a href=\"https:\/\/x.com\/pinetworkmember\/status\/1944804949843406994\" data-wpel-link=\"external\" target=\"_blank\"><span data-preserver-spaces=\"true\">support<\/span><span data-preserver-spaces=\"true\">s<\/span><\/a><span data-preserver-spaces=\"true\"> the thesis that the token has no chance to post substantial gains during this bull cycle.\u00a0<\/span><\/p>\n<blockquote>\n<p><span data-preserver-spaces=\"true\">\u201cI would be the first one who would like to see PI at $10, but that isn\u2019t happening this bull market,\u201d they predicted.<\/span><\/p>\n<\/blockquote>\n<p><span data-preserver-spaces=\"true\">According to them, the coin\u2019s price has hit lower lows on higher time frames, which shows weakness. The X user also noted that PI managed to rise only to $0.53 amid BTC\u2019s explosion and later retraced well below $0.50.\u00a0<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">The analyst believes the asset\u2019s downtrend is the result of \u201cno presence of liquidity, increased amount of unlocks, low demand, low buy pressure, and a CT that keeps all the control in their hands instead of accepting the help from decentralized community devs.\u201d<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">It is worth noting that approximately 200 million PI tokens <\/span><span data-preserver-spaces=\"true\">are scheduled<\/span><span data-preserver-spaces=\"true\"> for release over the next 30 days. The development doesn\u2019t guarantee a mass exit, but it will allow investors to offload assets they have been waiting for a long time.\u00a0<\/span><\/p>\n<figure id=\"attachment_404299\" aria-describedby=\"caption-attachment-404299\" style=\"width: 1385px\" class=\"wp-caption aligncenter\"><a href=\"http:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/07\/PI-Token-Unlock.png\" data-wpel-link=\"internal\"><img loading=\"lazy\" decoding=\"async\" class=\"wp-image-404299\" src=\"http:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/07\/PI-Token-Unlock.png\" alt=\"PI Token Unlocks\" width=\"1385\" height=\"400\" srcset=\"https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/07\/PI-Token-Unlock.png 1343w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/07\/PI-Token-Unlock-300x87.png 300w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/07\/PI-Token-Unlock-1024x296.png 1024w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/07\/PI-Token-Unlock-768x222.png 768w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/07\/PI-Token-Unlock-50x14.png 50w\" sizes=\"auto, (max-width: 1385px) 100vw, 1385px\"><\/a><figcaption id=\"caption-attachment-404299\" class=\"wp-caption-text\">PI Token Unlocks, Source: Piscan.io<\/figcaption><\/figure>\n<p><span data-preserver-spaces=\"true\">Lastly, the X user assumed that some might see PI\u2019s downfall as \u201cthe end,\u201d while others could interpret it as an opportunity to increase their exposure.\u00a0<\/span><\/p>\n<h2><span data-preserver-spaces=\"true\">The Flow to Exchanges<\/span><\/h2>\n<p><span data-preserver-spaces=\"true\">The amount of PI tokens stored on crypto exchanges continues to rise. The <\/span><span data-preserver-spaces=\"true\">netflow<\/span><span data-preserver-spaces=\"true\"> for the past 24 hours <\/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\">stands<\/span><\/a><span data-preserver-spaces=\"true\"> at almost 500,000 new coins, bringing the total number to over 385 million. Gate.io leads the way on that front, with approximately 181 million tokens, followed by Bitget with 134 million.<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">Shifting from self-custody methods to centralized platforms is typically viewed as a bearish factor, as it increases the immediate selling pressure.<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">Meanwhile, if you want to find out why PI\u2019s price might be on the edge of a <\/span><span data-preserver-spaces=\"true\">major<\/span><span data-preserver-spaces=\"true\"> move, feel free to check our dedicated article <\/span><a class=\"editor-rtfLink\" href=\"https:\/\/cryptopotato.com\/is-pi-on-the-brink-pi-network-price-nears-crucial-support-zone\/\" target=\"_blank\" rel=\"noopener\" data-wpel-link=\"internal\"><span data-preserver-spaces=\"true\">here<\/span><\/a><span data-preserver-spaces=\"true\">.\u00a0<\/span><\/p>\n<p>The post <a href=\"https:\/\/cryptopotato.com\/pi-network-pi-bull-run-dead-analyst-reveals-the-breaking-point\/\" rel=\"nofollow\">Pi Network (PI) Bull Run Dead? Analyst Reveals the Breaking Point<\/a> appeared first on <a href=\"https:\/\/wordpress-433650-5559317.cloudwaysapps.com\/\" rel=\"nofollow\">CryptoPotato<\/a>.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>TL;DR PI continues to struggle, with some analysts naming several reasons why its bull run could be over. Among the factors is the increased number of token unlocks. $10 Isn\u2019t Happening Despite the pullback witnessed over the past several hours, the cryptocurrency market has been booming in the last week or so. Bitcoin (BTC) reached [&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-36962","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\/36962","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=36962"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/36962\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=36962"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=36962"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=36962"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}