{"id":75094,"date":"2026-03-05T16:03:11","date_gmt":"2026-03-05T16:03:11","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=75094"},"modified":"2026-03-05T16:03:11","modified_gmt":"2026-03-05T16:03:11","slug":"three-reasons-why-pi-network-pi-could-crash-again-after-hitting-a-3-week-high","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=75094","title":{"rendered":"Three Reasons Why Pi Network (PI) Could Crash Again After Hitting a 3-Week High"},"content":{"rendered":"<div>\n<p>The cryptocurrency market continues its impressive recovery, with Pi Network\u2019s PI stealing the show with an impressive 15% daily surge.<\/p>\n<p>However, certain factors suggest that its price could soon turn downward again.<\/p>\n<h2>Time to Cool Off?<\/h2>\n<p>PI is the best-performing top-100 cryptocurrency today (March 5), with its valuation soaring to a three-week high of $0.20 (per CoinGecko data). Its market capitalization exceeded $1.9 billion, thus making it the 43rd-largest digital asset.<\/p>\n<p>Perhaps the most likely catalyst fueling the rally is the broader revival of the cryptocurrency sector. Bitcoin (BTC) briefly <a href=\"https:\/\/cryptopotato.com\/pi-networks-pi-steals-the-show-with-big-rally-bitcoin-stopped-at-74k-market-watch\/\">rose<\/a> to almost $74,000, Ethereum (ETH) neared $2,200, while well-known altcoins like Monero (XMR), Aster (ASTER), and Toncoin (TON) have jumped by 6-7% on a 24-hour scale.<\/p>\n<p>PI\u2019s pump also coincides with the latest updates announced by the Core Team. As <em>CryptoPotato<\/em> <a href=\"https:\/\/cryptopotato.com\/pi-networks-pi-price-jumps-8-5-after-latest-updates-details\/\">reported<\/a>, the protocol v19.9 migration was successfully completed. The next version is v20.2, and it is expected to be released before Pi Day 2026 (March 14).<\/p>\n<p>The upcoming token unlocks, though, indicate that PI may not be out of the woods yet. Data shows that a substantial amount of coins will be freed up in the coming days: a development that doesn\u2019t guarantee a price decline but increases immediate selling pressure. March 7 is scheduled as the record day, when almost 21 million PI will be released.<\/p>\n<figure id=\"attachment_1430502\" aria-describedby=\"caption-attachment-1430502\" style=\"width: 1380px\" class=\"wp-caption aligncenter\"><a href=\"https:\/\/cryptopotato.com\/wp-content\/uploads\/2026\/03\/PI-Token-Unlocks-1.png\"><img fetchpriority=\"high\" decoding=\"async\" class=\"wp-image-1430502\" src=\"https:\/\/cryptopotato.com\/wp-content\/uploads\/2026\/03\/PI-Token-Unlocks-1.png\" alt=\"PI Token Unlocks\" width=\"1380\" height=\"400\" srcset=\"https:\/\/cryptopotato.com\/wp-content\/uploads\/2026\/03\/PI-Token-Unlocks-1.png 1332w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2026\/03\/PI-Token-Unlocks-1-300x87.png 300w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2026\/03\/PI-Token-Unlocks-1-1024x297.png 1024w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2026\/03\/PI-Token-Unlocks-1-768x223.png 768w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2026\/03\/PI-Token-Unlocks-1-90x26.png 90w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2026\/03\/PI-Token-Unlocks-1-150x43.png 150w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2026\/03\/PI-Token-Unlocks-1-1200x348.png 1200w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2026\/03\/PI-Token-Unlocks-1-1000x290.png 1000w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2026\/03\/PI-Token-Unlocks-1-900x261.png 900w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2026\/03\/PI-Token-Unlocks-1-800x232.png 800w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2026\/03\/PI-Token-Unlocks-1-700x203.png 700w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2026\/03\/PI-Token-Unlocks-1-600x174.png 600w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2026\/03\/PI-Token-Unlocks-1-500x145.png 500w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2026\/03\/PI-Token-Unlocks-1-400x116.png 400w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2026\/03\/PI-Token-Unlocks-1-200x58.png 200w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2026\/03\/PI-Token-Unlocks-1-100x29.png 100w\" sizes=\"(max-width: 1380px) 100vw, 1380px\"><\/a><figcaption id=\"caption-attachment-1430502\" class=\"wp-caption-text\">PI Token Unlocks, Source: piscan.io<\/figcaption><\/figure>\n<p>The second bearish factor is the rising supply stored on exchanges, now sitting at roughly 365.5 million coins. Such a shift from self-custody toward centralized platforms is often interpreted as a pre-sale step.<\/p>\n<figure id=\"attachment_1430503\" aria-describedby=\"caption-attachment-1430503\" style=\"width: 1356px\" class=\"wp-caption aligncenter\"><a href=\"https:\/\/cryptopotato.com\/wp-content\/uploads\/2026\/03\/PI-Exchange-Supply-1.png\"><img loading=\"lazy\" decoding=\"async\" class=\"wp-image-1430503 size-full\" src=\"https:\/\/cryptopotato.com\/wp-content\/uploads\/2026\/03\/PI-Exchange-Supply-1.png\" alt=\"PI Supply on Exchanges\" width=\"1356\" height=\"502\" srcset=\"https:\/\/cryptopotato.com\/wp-content\/uploads\/2026\/03\/PI-Exchange-Supply-1.png 1356w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2026\/03\/PI-Exchange-Supply-1-300x111.png 300w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2026\/03\/PI-Exchange-Supply-1-1024x379.png 1024w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2026\/03\/PI-Exchange-Supply-1-768x284.png 768w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2026\/03\/PI-Exchange-Supply-1-90x33.png 90w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2026\/03\/PI-Exchange-Supply-1-150x56.png 150w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2026\/03\/PI-Exchange-Supply-1-1200x444.png 1200w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2026\/03\/PI-Exchange-Supply-1-1000x370.png 1000w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2026\/03\/PI-Exchange-Supply-1-900x333.png 900w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2026\/03\/PI-Exchange-Supply-1-800x296.png 800w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2026\/03\/PI-Exchange-Supply-1-700x259.png 700w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2026\/03\/PI-Exchange-Supply-1-600x222.png 600w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2026\/03\/PI-Exchange-Supply-1-500x185.png 500w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2026\/03\/PI-Exchange-Supply-1-400x148.png 400w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2026\/03\/PI-Exchange-Supply-1-200x74.png 200w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2026\/03\/PI-Exchange-Supply-1-100x37.png 100w\" sizes=\"auto, (max-width: 1356px) 100vw, 1356px\"><\/a><figcaption id=\"caption-attachment-1430503\" class=\"wp-caption-text\">PI Supply on Exchanges, Source: piscan.io<\/figcaption><\/figure>\n<p>Last but not least, we will touch upon PI\u2019s Relative Strength Index (RSI). The technical analysis tool measures the speed and magnitude of the latest price changes and is used by traders to identify trend reversals. It runs from 0 to 100, and ratios above 70 signal that the asset has entered overbought territory and could be on the verge of a pullback. As of press time, PI\u2019s RSI stands at around 72.<\/p>\n<figure id=\"attachment_1430504\" aria-describedby=\"caption-attachment-1430504\" style=\"width: 1512px\" class=\"wp-caption aligncenter\"><a href=\"https:\/\/cryptopotato.com\/wp-content\/uploads\/2026\/03\/PI-RSI.png\"><img loading=\"lazy\" decoding=\"async\" class=\"wp-image-1430504\" src=\"https:\/\/cryptopotato.com\/wp-content\/uploads\/2026\/03\/PI-RSI.png\" alt=\"PI RSI\" width=\"1512\" height=\"400\" srcset=\"https:\/\/cryptopotato.com\/wp-content\/uploads\/2026\/03\/PI-RSI.png 877w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2026\/03\/PI-RSI-300x79.png 300w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2026\/03\/PI-RSI-768x203.png 768w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2026\/03\/PI-RSI-90x24.png 90w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2026\/03\/PI-RSI-150x40.png 150w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2026\/03\/PI-RSI-800x212.png 800w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2026\/03\/PI-RSI-700x185.png 700w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2026\/03\/PI-RSI-600x159.png 600w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2026\/03\/PI-RSI-500x132.png 500w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2026\/03\/PI-RSI-400x106.png 400w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2026\/03\/PI-RSI-200x53.png 200w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2026\/03\/PI-RSI-100x26.png 100w\" sizes=\"auto, (max-width: 1512px) 100vw, 1512px\"><\/a><figcaption id=\"caption-attachment-1430504\" class=\"wp-caption-text\">PI RSI, Source: RSI Hunter<\/figcaption><\/figure>\n<h2>How About Further Gains?<\/h2>\n<p>Some market observers expect PI\u2019s rally to continue in the short term. X user ALTS GEMS Alert <a href=\"https:\/\/x.com\/hami8040\/status\/2029526116663435288\">predicted<\/a> that the price might soar above $0.30 should it hold the key level around $0.19.<\/p>\n<blockquote>\n<p>\u201cMomentum building\u2026 breakout could send it much higher,\u201d they added.<\/p>\n<\/blockquote>\n<p>Whale Hunter <a href=\"https:\/\/x.com\/WhaleHunterReal\/status\/2029388444326347229\">forecasted<\/a> that PI will move \u201csmall by small,\u201d starting at $0.20, then $0.40, and eventually exploding to $0.70 and beyond $1. \u201cThat\u2019s how crypto works. Finally, you are X5 to X10 profit,\u201d they suggested.<\/p>\n<p>Meanwhile, there has been growing <a href=\"https:\/\/x.com\/fen_leng\/status\/2029443081402208746\">speculation<\/a> that the leading crypto exchange Kraken might list Pi Network\u2019s native cryptocurrency on Pi Day. Such a move would increase liquidity, improve availability, strengthen its reputation, and potentially support a positive price reaction.<\/p>\n<p>The post <a href=\"https:\/\/cryptopotato.com\/three-reasons-why-pi-network-pi-could-crash-again-after-hitting-a-3-week-high\/\">Three Reasons Why Pi Network (PI) Could Crash Again After Hitting a 3-Week High<\/a> appeared first on <a href=\"https:\/\/cryptopotato.com\/\" rel=\"nofollow\">CryptoPotato<\/a>.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>The cryptocurrency market continues its impressive recovery, with Pi Network\u2019s PI stealing the show with an impressive 15% daily surge. However, certain factors suggest that its price could soon turn downward again. Time to Cool Off? PI is the best-performing top-100 cryptocurrency today (March 5), with its valuation soaring to a three-week high of $0.20 [&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-75094","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\/75094","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=75094"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/75094\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=75094"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=75094"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=75094"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}