PI Network is gaining traction again, rising 5% over the past week and maintaining an average price near $0.60 for three months straight—an unusual feat for a recently launched token.
After debuting in February at just under $0.10, PI skyrocketed by over 2,800% within days, only to give up most of those gains weeks later.
While March and April brought sharp losses, May offered a modest rebound. June has been rocky, yet the token has shown resilience, consistently staying above its $0.40 support level.
Analysts believe this stability is being driven by more than just speculation. Market watchers, including Dr Altcoin, suggest that real demand and committed holders are keeping the price afloat. Unlike many hyped launches, PI seems to be gaining strength through organic interest.
Backing that momentum is a $100 million fund from Pi Network Ventures, aimed at encouraging developers to build actual use cases around the token. This push toward real-world utility, rather than relying on short-term hype, may be helping PI stand out in a crowded market.
While no explosive moves are expected in the immediate future, PI’s ability to avoid deeper crashes and attract steady engagement hints at long-term potential. For now, it may be one of the few low-profile projects quietly laying the groundwork for lasting relevance.
Alexander Zdravkov
Reporter at Coindoo
Alexander Zdravkov is passionate about questions of meaning. He is a fluent German speaker as well as He has been in the crypto space for more than three years and has an eye for spotting emerging trends in the world of digital currencies. Whether providing in-depth analysis or reporting on all topics on a daily basis, his deep understanding and enthusiasm for what he does makes him a valuable addition to the team.
Source: https://coindoo.com/can-pi-network-turn-early-chaos-into-long-term-growth/