- Pi Community trades at $0.355 as analysts warn of a dip, however the group’s rallying round what they’re calling a “comeback of the century.”
- New Passkey safety improve rolls out, whereas Stellar’s upcoming Protocol 23 might unlock good contract help and Web3 options for Pi.
- Regardless of a 20% value drop this week, Pi’s funding in AI startup OpenMind hints at greater ambitions throughout Web3 and robotics.
Pi Community is holding the road at $0.355, however the vibe is something however calm. Whereas analysts are warning of a possible dip towards $0.281, the group—yeah, the ever-loyal “Pioneers”—is already calling it the comeback of the century. Regardless of the purple candles, sentiment on the bottom stays oddly upbeat.
Buying and selling quantity isn’t booming ($75M day by day), however the chatter is. Some say the worth slide was sparked by early sellers cashing out. One put up from Crypto Cloud didn’t maintain again: “Pi scammers offered a giant chunk of pie and dropped the worth into the $0.36 space.” Traditional. Nonetheless, the $2.41B market cap reveals this undertaking isn’t fading away anytime quickly.
Technical Forecasts Say “Down,” However the Group’s Not Having It
AI-driven value fashions are portray a bearish near-term image. Forecasts present a attainable drop to $0.281, possibly even a backside close to $0.247 if issues spiral. That’s round 30% draw back from right here. However group voices are calling this concern “simply noise,” and pointing to the larger imaginative and prescient.
Most Pioneers aren’t panicking. They’re doubling down on the basics—new tech, upgrades, partnerships. The worth could also be dipping, however perception? Nonetheless sturdy. One tweet put it finest: “It’s only a dip, not a demise sentence.”
Passkey Rolls Out, Mainnet Buzz Builds
In additional grounded information, Pi Community simply launched Passkey—a slick new safety improve that lets customers register with only one faucet. Easy, safe, and apparently already a success with early testers. The crew says it’s a part of a broader push to stage up the undertaking’s infrastructure earlier than full mainnet goes reside.
Pi Information ran a ballot asking how of us felt in regards to the new characteristic. Most appear hyped. It’s clear the devs are nonetheless constructing, even with the worth shifting sideways. Whether or not it results in main adoption or not—too early to say—however it’s progress.
Stellar Improve May Be a Sport-Changer
Pi’s infrastructure is tightly related to Stellar, and that makes the upcoming Protocol 23 improve a fairly large deal. It’s including good contract performance (lastly), quicker transactions, and a few under-the-hood enhancements by way of Soroban. Dr. Altcoin, a go-to voice in the neighborhood, broke it down: if Stellar improves, Pi advantages right away.
Stellar’s vote on the mainnet improve is about for Sept 3. If it passes, Pi might lastly unlock actual Web3 options—like .pi domains and absolutely decentralized apps powered by AI App Studio. Principally, the gears are in movement, it’s only a matter of timing now.
Pi Bets on AI With OpenMind Funding
In a stunning twist, Pi additionally dropped some money into OpenMind, a robotics + AI startup aiming to construct the Android OS for humanoid robots. Sounds wild, yeah—however it suits Pi’s long-term plan to remain related in each Web3 and AI areas. If OpenMind hits its mark, Pi Community might be a part of a a lot greater future.
Nonetheless, price-wise? It’s been tough. Down 20% this week, 22% on the month. Quantity additionally dropped to $44M. The market could also be cooling off—however behind the scenes, Pi’s nonetheless constructing.