Pi (PI) Price Prediction: Will the Upcoming Announcement Deliver on the Hype?

Pi Network's native token, PI, has come under renewed market pressure ahead of a much-hyped announcement teased by its core team.

The price of Pi Network’s native token, PI, has come under renewed market pressure ahead of a much-hyped announcement teased by its core team.

Despite a recent burst of bullishness, PI coin price remains over 55% down from its Feb. 2025 highs near $3.00, trading around $1.33 as of May 13. Sentiment remains weak despite community efforts to reignite bullish momentum.

A tweet from Pi News shows that centralized exchanges now hold over 287 million PI coins. Bitget leads with 100.6 million PI, followed by OKX with 33.2 million.

These exchange balances raise questions about liquidity management and selling risk, especially if market makers are rotating large PI volumes around the upcoming announcement.

The Pi Network team has not disclosed what the announcement will involve. However, social media channels are flooded with speculation, including rumors of an open mainnet rollout, an updated roadmap, or a centralized exchange deal.

These narratives are based entirely on community assumptions, with no official details released.

Despite the rumors, price action shows no sign of reversal. Selling pressure has intensified, and short-term traders appear unconvinced by the team’s vague communication strategy. As of now, the speculative buzz has failed to deliver meaningful upside.