Pi Network (PI) Price Plunges After Disappointing Ecosystem Announcement

The price of Pi Network (PI) plummeted after its much-anticipated ecosystem announcement on Wednesday, May 14

Jakarta, Pintu News – The price of Pi Network (PI) plummeted after its much-anticipated ecosystem announcement on Wednesday, May 14, fell short of expectations. Its value has dropped nearly 50% from its high point this week, wiping about $4 billion off its market capitalization.

Even so, the ongoing listing process of Pi coin on Binance and HTX could be a driver for price recovery.

Possible Pi Network Price Recovery Post Binance Cue

Pi Coin’s price plummetered and dropped below $1 after news of the anticipated ecosystem turned out to be disappointing.

In a statement, Pi’s development team announced the launch of a new $100 million fund to invest in startups using their technology.

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However, many Pi users complained that this announcement came too late, especially since the ecosystem has so far not shown any significant progress despite it being almost three months since the mainnet launch.

This is what happens when devs touch art with 0 design sense. pic.twitter.com/8kzFW8KcEM

However, hopes have not been completely dashed. Binance and HTX sparked rumors of a Pi Network listing. In posts across its social media platforms, Binance shared an image similar to the Pi symbol.

The post sparked various speculations, with some influential users calling it a hint that Pi would soon be listed. Previously, the Binance community had indeed voted overwhelmingly in favor of listing Pi back in February.

But it should be noted, until now Binance has not made an official statement. Citing Coingape’s report, Binance has not listed Pi Network for reasons of centralization, lack of utility, and low liquidity.

Listing Speculation by HTX and Potential Price Spike

One crypto blasted & bound for boom! pic.twitter.com/dXLhlVjL3G

Speculation is also circulating that HTX is planning to list Pi Coin. Much of this speculation arises from HTX’s daily posts on the X platform (formerly Twitter) which often feature various crypto assets such as Pi Network, Tron

Speculation is also circulating that HTX is planning to list Pi Coin. Much of this speculation arises from HTX’s daily posts on the X platform (formerly Twitter) which often feature various crypto assets such as Pi Network, Tron

If a listing does occur on Binance or HTX, this could trigger a short squeeze like what happened to several other small-cap coins.

For example, Alpaca’s price jumped 425% in just one day after it was listed on Binance, while Orca’s

For example, Alpaca’s price jumped 425% in just one day after it was listed on Binance, while Orca’s

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Technical Analysis of Pi Coin Price: Rebound Potential Still Open

The four-hour chart (5/15/25) shows a very bearish outlook for the Pi Network price, having plummetered from $1.6692 on May 12 to $0.8665. This decline has even broken below the 50-period moving average, confirming the current negative trend.

However, the chances of a rebound are not completely closed as the price of Pi is still above the important support level at $0.7882. This level is considered crucial as it was previously the highest point on April 5 and 12.

Given these conditions, it is possible that Pi Coin is forming a break-and-retest pattern, which is a sign of general trend continuation. This pattern occurs when the price of an asset drops back to a support level, and then resumes its uptrend.

If this scenario occurs, the Pi Coin price will likely rally again and break above $1.

Conversely, this bullish projection will be invalidated if the price of Pi falls below the $0.7882 support level. If that happens, the price could potentially drop further to $0.5720 – last week’s low.

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