{"id":6846,"date":"2026-02-20T21:27:19","date_gmt":"2026-02-20T21:27:19","guid":{"rendered":"https:\/\/cryptonews.uk.com\/?p=6846"},"modified":"2026-02-20T21:27:19","modified_gmt":"2026-02-20T21:27:19","slug":"pi-coin-under-bear-pressure-as-pi-network-turns-one","status":"publish","type":"post","link":"https:\/\/cryptonews.uk.com\/?p=6846","title":{"rendered":"Pi Coin under bear pressure as Pi Network turns one"},"content":{"rendered":"
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Pi Coin remains under pressure after losing over 90% from its peak.<\/li>\n
Migration delays and locked balances continue to hurt user confidence.<\/li>\n
Traders are watching the resistance at $0.18 and the support at $0.15 support closely.<\/li>\n<\/ul>\n
Pi Coin is marking a difficult anniversary as selling pressure continues to weigh on the price.<\/p>\n
The past year has been one of big promises, uneven delivery, and fading market confidence.<\/p>\n
As the open mainnet clocks its first birthday, many holders are still waiting for clarity.<\/p>\n
The token\u2019s price action reflects that uncertainty.<\/p>\n
A one-year milestone filled with mixed signals<\/h2>\n
The first year of the open Pi Network mainnet was supposed to be a turning point for the ecosystem. Instead, it has highlighted how far the project still has to go.<\/p>\n
Pi Network has expanded its infrastructure and rolled out several technical upgrades.<\/p>\n
These updates were meant to improve stability and prepare the network for broader use. At the same time, millions of users have successfully migrated to the open mainnet.<\/p>\n
That progress shows the scale and ambition behind the project. Yet a large group of early participants remains stuck.<\/p>\n
Many users report locked balances, incomplete migrations, or stolen coins.<\/p>\n
KYC delays and new verification requirements have slowed access for others. This gap between development milestones and user experience has hurt sentiment.<\/p>\n
Confidence is hard to rebuild when access to funds feels uncertain. That frustration has quietly spilt into the market.<\/p>\n
Pi Coin price performance tells a harsh story<\/h2>\n
Pi Coin\u2019s market performance over the past year has been unforgiving. After peaking near $3 shortly after trading began, the token has lost most of its value.<\/p>\n
Recent data shows the price hovering near $0.17.<\/p>\nSource: Coingecko<\/figcaption><\/figure>\n
That represents a decline of more than 90% from its all-time high of $2.99. Short-term rallies have appeared, but they have not lasted.<\/p>\n
Each bounce has been met with renewed selling pressure. Profit-taking has become a recurring theme.<\/p>\n
Large token transfers to centralised exchanges suggest that holders are eager to exit on strength. Trading volume, however, remains modest compared to the size of the circulating supply.<\/p>\n
This imbalance keeps upward momentum fragile, and the market is clearly struggling to find a strong base.<\/p>\n
Pi Network adoption hopes clash with market reality<\/h2>\n
On paper, the ecosystem continues to grow with new tools, developer initiatives, and venture funding underway.<\/p>\n
The idea is to build real use cases beyond speculation.<\/p>\n
However, the market is focused on what exists today, not what may come later.<\/p>\n
Liquidity remains thin relative to supply, and major exchange listings are still limited, restricting price discovery and keeping many institutional players on the sidelines.<\/p>\n
While community optimism remains, it is more cautious than before. Many long-term supporters now want results instead of roadmaps.<\/p>\n
Until access issues are resolved at scale, confidence may remain fragile. This tension between vision and execution defines the current phase.<\/p>\n
Pi Coin price forecast<\/h2>\n
From a trading perspective, Pi Coin is sitting at a critical crossroads. The area around $0.18 has acted as a stubborn resistance zone.<\/p>\n
Repeated failures to break above it suggest weak buying conviction. A daily close above this level would be the first sign of renewed strength.<\/p>\n
Above $0.18, traders will be watching the $0.20 region closely.<\/p>\n
That zone previously marked a short-term peak and heavy selling. On the downside, $0.17 is now an important psychological level.<\/p>\n
A sustained move below it could expose support near $0.15. If selling accelerates, a deeper pullback toward $0.13 cannot be ruled out.<\/p>\n
Momentum indicators remain mixed, leaning slightly bearish. This suggests consolidation or further downside before any meaningful recovery.<\/p>\n
Pi Coin remains under pressure after losing over 90% from its peak. Migration delays and locked balances continue to hurt user confidence. Traders are watching the resistance at $0.18 and the support at $0.15 support closely. Pi Coin is marking a difficult anniversary as selling pressure continues to weigh on the price. The past year<\/p>\n","protected":false},"author":1,"featured_media":6847,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[9],"tags":[],"class_list":{"0":"post-6846","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-eurozone"},"yoast_head":"\n
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![\"Pi](\"https:\/\/coinjournal.net\/wp-content\/uploads\/2025\/04\/Pi-Network-price.jpg\")
\n<\/picture> <\/div>\n<\/p><\/div>\n![\"Pi](\"https:\/\/coinjournal.net\/wp-content\/uploads\/2026\/02\/Pi-Network-price-chart.png\")