Aniket Pujari
Pi Coin has remained on crypto investors’ radar since March 14, 2019 (Pi Day), drawing both support and criticism due to its unconventional mining setup and gradual mainnet launch. Now that the project is hitting another important stage, attention is ramping up again.
This Pi Coin price prediction reviews the latest developments and how they might shape price movement in the near term.
Summary
- Pi Coin is trading around $0.16 as of February 4, down 9% for the week, with price largely stuck in a tight range due to short-term trading and long-term uncertainty.
- Recent updates have unblocked 2.5 million users in KYC and mainnet migration, while 700,000+ users can now submit KYC applications, adding supply pressure to the market.
- Pi Coin’s price is expected to stay in the $0.14–$0.18 range short-term, with significant upside dependent on real ecosystem growth rather than technical momentum.
Current market scenario
Pi Coin (PI) sits around $0.16 as of February 4, down 9% for the week and 1.3% in the last 24 hours.
Pi Coin price has been stuck in a tight range, reflecting both short-term trading and longer-term uncertainty. Its moves seem more about what’s happening within the project than the wider crypto market.
Network updates and supply dynamics
At the end of January, the Pi Network team finally addressed a big user pain point. Roughly 2.5 million users who were blocked during KYC or mainnet migration due to tighter compliance checks should now be able to move forward. Since the issues vary by region, fixes are being rolled out gradually.
The update also allows 700,000+ users to submit KYC applications for the first time. While this is a big step forward, migration will continue in batches, meaning progress may still feel slow.
Meanwhile, supply pressure is mounting. Millions of PI tokens are unlocking daily over the next month, including a 24 million token release on February 13, which continues to shape the broader Pi Coin forecast.
Technical outlook and downside risks
PI is at a key $0.15–$0.16 level. A push from buyers could spark a bounce, especially with upcoming token unlocks. Clearing $0.18 might take price up to $0.20, but it’d probably be just a temporary lift rather than a trend change.
If $0.15 breaks, the price could fall to $0.145–$0.14, keeping bears in charge and fueling doubts about the project’s utility.
Potential recovery scenarios
Even with ongoing pressure, incremental KYC and mainnet migration improvements could help confidence grow over time.
Successfully onboarding millions of users could set a foundation for future apps and token activity.
However, without noticeable growth in the ecosystem, any bounce in Pi Coin price will probably be fragile.
Pi Coin price prediction based on current levels
Over the next little while, PI will probably stay trapped between $0.14 and $0.18, with bigger moves happening around unlock dates. To push past $0.20, the network would need more than bullish charts — it needs real growth in the ecosystem.
Final thoughts
Looking at the Pi Coin outlook, things feel a bit stuck in neutral. Major problems have been addressed, but the growing supply and limited ecosystem activity are holding Pi Coin back. As a result, the Pi Coin price prediction remains cautious, with sideways action expected until fundamentals improve.
