Date: Mon, Sept 15, 2025 | 06:30 AM GMT
The cryptocurrency market continues to show strength amid the anticipated potential US Federal Reserve rate cuts this week, with Ethereum (ETH) trading near the $4650 mark today with 8% weekly gains. Following this, several major altcoins are flashing bullish signals.
However, Pi Network (PI) continues to underperform since its mainnet launch in Feb 2025, raising serious questions: Is PI destined to fall further? We asked ChatGPT to analyze the situation, and here’s what it predicts.
Pi Network’s Current Market Position
Currently, Pi Network (PI) is trading at $0.35 per token, marking a sharp 88% drop from its all-time high of $2.62. Despite having a large and active user base, Pi Network struggles to maintain investor confidence. As of now, its market capitalization stands at around $2.84 billion, a significant fall from its all-time high market cap of $18.59 billion seen in Feb 2025.

Why Is Pi Network Falling While The Crypto Market Is Rising?
While the broader crypto market shows positive momentum—helped by stabilizing inflation and improving institutional interest—Pi Network continues to fall. The AI’s analysis points to one major culprit: rising token unlocks driving inflation.
Over the next 12 months, projections estimate a circulating supply of about 1,225,329,620 π, which translates to a market cap of around $430 million at the current price. This significant gap between current market cap and FDV (Fully Diluted Valuation) suggests a serious supply-demand imbalance.

These token unlock events dramatically increase the supply, far outpacing current market demand, and dragging the price downward.
The AI identifies key structural issues contributing to this downward spiral:
- Excessive Token Unlocks: Periodic large-scale unlocks keep flooding the market, making price recovery extremely difficult.
- Sell-off from Miners: These token unlocks are being distributed to miners, and the possible sell-off from them is causing extra bearish pressure.
After a thorough analysis of historical price trends, supply inflows from token unlocks, and market sentiment, the AI strongly predicts a further drop in Pi Network’s value in the upcoming months.
Pi Coin Prediction: A Potential Drop?
Specifically, the AI estimates that PI may visit more downside, likely towards the $0.30 mark, if the current trend of rising token unlocks continues unchecked and no major positive developments occur. This would represent an additional decline of over 14% from the current price of $0.35.
Unless Pi Network achieves significant milestones—such as major development announcements or listings on major exchanges—the persistent supply glut will likely push the price lower toward this estimated target.
What Should Investors Do?
Based on this forecast, the AI offers the following advice for different types of investors:
- Current holders should consider adopting a conservative, wait-and-see strategy.
- New investors should avoid entering the market at this stage, given the high probability of further decline.
Final Thoughts
While the broader cryptocurrency market is stabilizing and showing positive signs of growth, Pi Network (PI) stands out as a major exception, plagued by rising token unlocks.
According to the AI’s forecast, without key developments, Pi may continue to fall and could potentially reach the $0.30 mark in the coming months.