Pi Network News: Nicolas Kokkalis Breaks Silence on Pi Coin Price Drop 

by Louvenia Conroy

Yarn Highlights
  • Pi Coin Faces Market Turmoil Amid Unlock Power: Despite a most modern rebound, Pi struggles under a 263M token free up and broader market selloff, nearing its all-time low.

  • Founder Reassures While Analysts Stop Bearish: Dr. Kokkalis urges patience, citing Pi’s long-interval of time imaginative and prescient, whereas analysts warn of low costs until August no matter Pi Day 2 buzz.

The crypto market faced sharp losses over the weekend, dragged down by rising Heart East tensions and inflation fears. Bitcoin slipped under $Ninety nine,000, with Ethereum and other most predominant altcoins following swimsuit. Pi Coin also plunged 11%, nearing its all-time low, prior to a runt 0.55% rebound as of late. June’s 263 million token free up continues to weigh closely on Pi’s place, fueling promoting stress and investor concerns.

📉 Why Is #PiNetwork Stamp Low Accurate Now? Will It Upward thrust All any other time? 🔄

🚨 World crypto correction is hitting all most predominant money — now not lovely Pi.
🔻 #Bitcoin, #Ethereum & #Solana private dipped currently, dragging the market sentiment down. When these giants plunge, the total market feels it.… pic.twitter.com/8f48DaHzCV

— Dr. Nicolas Kokkalis (@drnicolas_) June 22, 2025

Alternatively, Dr. Nicolas Kokkalis, the founder of Pi Community, has spoke back to concerns about the falling Pi place, attributing it to the broader crypto market correction. He identified that most predominant resources indulge in Bitcoin, Ethereum, and Solana private also seen indispensable declines, impacting the final market mood. So, Pi’s dip isn’t an isolated occasion, but it’s a long way inclined to be a phase of a worldwide trend.

Non permanent Dip, Lengthy-Duration of time Imaginative and prescient

Based on him, no matter the massacre, Pi Community stands out with a particular setup. The project is in its Enclosed Mainnet fragment, which manner it isn’t but publicly tradable. Despite that, Kokkalis emphasized stable fundamentals, including over 50 million users, a rising ecosystem of staunch-world applications, and staunch pattern. He reassured the Pi neighborhood, is named Pioneers, that what’s going down isn’t a fracture but a transitional fragment.

Kokkalis believes the token’s factual place will emerge as soon as the Open Mainnet launches and Pi is listed on most predominant exchanges. He framed the most modern scenario as an accumulation fragment, most frequently misunderstood as weakness. For now, he urges users to discontinue patient and focused, noting that utility-basically based mostly enhance is already underway.

Analyst says, Costs to Stop Low

Pi is officially in the $0.4 vary, and I request it to stay there until the discontinue of August. Pi Day 2 is now not inclined to private any affect. @PiCoreTeam @nkokkalis @Chengdiao pic.twitter.com/KUBKw7pCzM

— Dr Altcoin (@Dr_Picoin) June 22, 2025

Crypto analyst Dr. Altcoin predicts that Pi Coin will discontinue around the $0.40 level by the discontinue of August. He believes the upcoming Pi Day 2 occasion is now not inclined to lead the price, signaling low expectations for transient-interval of time momentum no matter neighborhood buzz.

What next?

Much of the hype surrounds June 28, which marks Pi Day 2 and the conclusion of the .pi domain public sale. Over 123,000 energetic bids private sparked optimism about ecosystem enhance. While the Core Team hasn’t confirmed any updates, the market is watching for something. Historically, Pi has rallied round such events, as seen with its 175% soar in May possibly well additionally simply.

Alternatively, caution stays attributable to the July 1 free up of 40 million PI tokens, which would possibly weigh on costs. For now, Pi is exhibiting signs of strength, in immediate decoupling from Bitcoin’s broader decline, driven by technical toughen and occasion-driven momentum.

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