PI Network（PI）價格慢慢從5月初的大幅下降中恢復過來

在5月12日至5月17日之間下降了約50％之後，代幣在過去四天中備份了20％以上，估價為0.83美元

The price of PI, the native token of the popular cryptocurrency project Pi Network, has been slowly recovering after a big drop earlier in May.

PI的價格是流行的加密貨幣項目PI網絡的本地令牌，在五月早些時候大幅下降後，PI的價格一直在慢慢恢復。

After falling by about 50% between May 12 and May 17, the token was up over 20% in the last four days and valued at $0.83 before dropping slightly to $7904.

在5月12日至5月17日之間下跌約50％後，代幣在過去四天中上升了20％以上，價值0.83美元，然後略微下跌至7904美元。

However, this price point is still 72% lower than the highest recorded level for the coin, which was $2.99 and reached in February 2025.

但是，這個價格仍然比硬幣的最高記錄水平低72％，這是2.99美元，在2025年2月達到。

As the token continues to get listed on exchanges and more users join the ecosystem, investors are watching to see if the price can reach $1 again, given concerns about token unlocks and open issues with the project.

隨著代幣繼續在交易所上市，越來越多的用戶加入生態系統，投資者正在關注價格是否可以再次達到1美元，考慮到令牌解鎖和項目的開放問題的擔憂。

Testing Key Resistance at $0.90

測試鑰匙阻力為0.90美元

According to the latest price analysis from KryptoNews, the short-term trend for Pi Network appears cautiously optimistic. The altcoin recently surpassed the $0.74 support level. This level was a previous local high from April, which has since turned into a key price floor.

根據Kryptonews的最新價格分析，PI網絡的短期趨勢似乎謹慎樂觀。 Altcoin最近超過了0.74美元的支持水平。這個水平是四月以前的當地高點，此後已變成了關鍵的價格。

The current price of $0.79 reflected an 8% drop in the last 24 hours and a 30% gain over the past month.

目前的價格為0.79美元，反映了過去24小時的8％下降，過去一個月增長了30％。

From the daily chart, it seems that technical indicators are giving both positive and negative signals. Currently, RSI is at 54, making it fall within a neutral level. The weekly moving averages for 10, 20, 30, and 50 days are increasing, so it seems that momentum may continue in this direction.

從每日圖表中，技術指標似乎都給出了正信號和負面信號。目前，RSI為54，使其屬於中立水平。每週移動平均10、20、30和50天正在增加，因此似乎勢頭可能會朝這個方向持續。

The key resistance for Pi Network price is at $0.90. This level is marked by a bearish order block on the 4-hour chart. If the price breaks through this resistance, it could move closer to the $1 threshold.

PI網絡價格的關鍵阻力為0.90美元。該級別的標誌是4小時圖表上的看跌訂單塊。如果價格突破了這種電阻，它可能會更接近1美元的門檻。

Unlocks Put Unneeded Selling Pressure On Price

解鎖將不需要的價格銷售壓力

On May 22, 2025, PI tokens were released, with an estimated total of 5.78 million tokens unlocked, with daily unlocks expected to continue for at least two months.

2025年5月22日，PI令牌被釋放，估計總計578萬個令牌已解鎖，預計每日解鎖至少將持續兩個月。

This addition to the circulating supply comes after the project announced support for new tokens on Binance Chain, enabling users to swap and trade PI tokens on decentralized exchanges.

在該項目宣布支持Binance鏈上的新令牌之後，該循環供應的增加是在使用戶在去中心化交易所上交換和交易PI令牌的。

Because of this, the total tokens in circulation increased. It has led to discussions within the community about the market's ability to process new tokens without causing a decline in price.

因此，循環中的總代幣增加了。這導致社區內部討論市場處理新代幣的能力而不會導致價格下降。

The project has stated that it plans to gradually introduce unlocked tokens into the ecosystem over time.

該項目表示，隨著時間的流逝，它計劃逐漸將解鎖的令牌引入生態系統。

The project’s goal is to create a large-scale, user-friendly blockchain that can be used by billions of people worldwide.

該項目的目標是創建一個大規模的，用戶友好的區塊鏈，可以在全球數十億人使用。

By the following year, 1.47 billion PI tokens will be released for unlocking. These tokens will be issued by early backers, the project’s developers, and community members.

到第二年，將發布14.7億PI令牌以解鎖。這些令牌將由早期支持者，項目的開發人員和社區成員發行。

Experience from prior similar projects has shown that increases in the token supply, if not accompanied by ecosystem growth or more users, can cause the price to decrease.

先前類似項目的經驗表明，令牌供應的增加（如果不伴有生態系統增長或更多用戶）可能會導致價格下降。

Exchange Listings And Utility Are Key For Upside

交換清單和實用程序是上升空間的關鍵

Despite the rising trading volume and user interest, PI coin is still not listed on any major cryptocurrency exchanges. Although voters in the Pi Network preferred a Binance listing, the Pi token is still not available for trading on the exchange.

儘管交易量和用戶興趣不斷上升，但在任何主要的加密貨幣交易所仍未列出PI硬幣。儘管PI網絡中的選民更喜歡二元上市，但PI令牌仍然無法進行交易。

This lack of listing on a large exchange like Binance or OKX has limited the token’s liquidity.

在Binance或OKX等大型交易所上缺乏上市限制了令牌的流動性。

Liquidity is still lower than expected because OKX depth is only around $100,000. This reduces the chance for the token to grow and makes its prices more easily affected by changes.

流動性仍然低於預期，因為OKX深度僅為100,000美元。這減少了令牌增長的機會，並使價格更容易受到變化的影響。

A further challenge is that there aren’t many valuable decentralized applications or DeFi projects built using the PI token. At the beginning of this month, Pi coin price surged to $1.35 after the news of a $100 million venture fund, but it soon dropped back down.

另一個挑戰是，使用PI令牌構建的有價值的分散應用程序或DEFI項目並不多。在本月初，Pi Coin Price在一家價值1億美元的風險基金消息後飆升至1.35美元，但很快就退縮了。

If the price of the token is going to maintain or continue its bullish move, it seems that its user utility will be very important.

如果代幣的價格將保持或繼續看漲，則其用戶實用程序似乎非常重要。

As the project continues to develop and expand, it will be interesting to see how the price of the PI token changes and what new milestones the project reaches in the coming months.

隨著項目的不斷發展和擴展，有趣的是，看到PI代幣的價格如何變化以及該項目在未來幾個月中達到的新里程碑。

Community Frustration Builds As Trust Erodes

社區挫敗感隨著信任的侵蝕而建立

The persistent delays in Pi Network's mainnet migration and the slow rollout of KYC verification have sparked frustration among users, especially in regions like China, where transfer limitations are more severely enforced, leading to a buildup of frustration.

PI Network的主網遷移和KYC驗證的緩慢推出的持續延遲引起了用戶的沮喪，尤其是在中國等地區，在中國，轉移限制更加嚴重地執行，從而導致了挫敗感。

These issues threaten user trust and limit the ability to transact freely with the token.

這些問題威脅著用戶信任，並限制了與代幣自由交易的能力。

Moreover, analyst Dr Altcoin raised concerns in a recent post on X (formerly Twitter). Focusing on an allegedly linked wallet address for Pi Core Team activity, the analyst claimed to have observed the sale of at least 19 million PI tokens over a period of 20 to 30 days.

此外，分析師Altcoin博士在最近的X（以前是Twitter）的一篇文章中引起了人們的關注。該分析師著重於據稱與PI核心團隊活動相關聯的錢包地址，聲稱在20至30天內觀察到至少出售了至少1900萬個PI令牌。

Highlighting the potential impact, Dr Altcoin stated that this was just one

強調潛在影響，Altcoin博士說，這只是一個