The buzz around Pi Network Coin (PI) is starting to fade fast. While it once captured the interest of millions through mobile mining, many early holders are now offloading their tokens.
The recent price action has left traders wondering if the project still has life or if it’s time to explore more active, high-utility tokens like Remittix (RTX), which is gaining momentum for its real-world payments use.
Pi Network Updates Reveal Price Trouble and Uncertainty
The current Pi coin information shows a steady downtrend. PI is now trading near $0.44, just above its all-time low of $0.40. The Bollinger Bands suggest the price is trapped at the lower end, possibly signaling oversold conditions. Volatility is also shrinking, which means a big move might be coming, though it’s unclear which way.
Recent Pi Network updates from PiScan show huge transfers of over 6 million PI to a mysterious wallet named ODM. That wallet now holds over 315 million tokens. Some believe this is part of a buyback plan, while others think it could be about listing or liquidity supply. But with no confirmed strategy, traders are left guessing.
The bigger issue? The Pi Network is still a closed system. There are no smart contracts, no real dApps, and no clear utility for holding PI. This lack of function is now pushing users to look elsewhere for projects with actual economic output.
Pi Coin Information Points To Technical Weakness
Technically, Pi Network updates show the price is stuck in a long-term downward trend. Even minor attempts to climb have been stopped by strong selling. The RSI is weakening and the narrow bands on the chart signal indecision.
source: TradingView
Many traders who held on for over a year are now jumping ship. With no clear path to a public mainnet, open ecosystem, or new partnerships, confidence is fading. If nothing changes soon, Pi coin information suggests PI may retest or even break its all-time low.
Remittix Looks Like The Smart Bet For 2025
While PI fades, Remittix is exploding. With a growing global fanbase and over $16.6 million raised, this Ethereum-based token is being called “XRP 2.0” by investors. It has sold over 559 million tokens at $0.0842 and is now launching its own cross-chain wallet.
Here’s why Remittix is the token catching fire:
- Over 559 million tokens sold at just $0.0842
- $250K giveaway creating social buzz and urgency
- Real-world use: already used to settle medical supply payments
- Q3 wallet launch with cross-border payment features
- 50% bonus tokens still available for early buyers
- One of the best low gas fee crypto projects in the market
If you’re looking for the best crypto to buy now, Remittix is turning heads across Telegram and X as one of the top tokens under $1.
Traders Are Already Moving On
The dream of Pi may still exist for some, but the charts and data tell another story. With whales unloading and tech upgrades delayed, Pi Network updates offer more questions than answers. On the other hand, newer utility tokens like Remittix are proving that adoption and real use matter more than hype.
Discover the future of PayFi with Remittix by checking out their presale here:
Website: https://remittix.io/
Socials: https://linktr.ee/remittix
$250K Giveaway: https://gleam.io/competitions/nz84L-250000-remittix-giveaway
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Alexander Stefanov
Reporter at Coindoo
Alex is an experienced financial journalist and cryptocurrency enthusiast. With over 8 years of experience covering the crypto, blockchain, and fintech industries, he is well-versed in the complex and ever-evolving world of digital assets. His insightful and thought-provoking articles provide readers with a clear picture of the latest developments and trends in the market. His approach allows him to break down complex ideas into accessible and in-depth content. Follow his publications to stay up to date with the most important trends and topics.
Source: https://coindoo.com/is-it-over-for-pi-network-coin-pi-traders-continue-to-sell-their-bags-for-other-opportunities/