Pi Community Search Curiosity Declines Amid Waning Market Momentum — What’s Subsequent for Pi Coin?

Key Takeaways:

• International search curiosity for Pi Community has fallen to its lowest level of 2025.
• Pi Coin IOU buying and selling quantity has collapsed by 97% since mid-Could.
• Technical hurdles stay, with Pi Coin nonetheless locked in a bearish development close to $0.637.

International search curiosity in Pi Community has fallen to its lowest degree of 2025, elevating contemporary questions concerning the undertaking’s momentum simply weeks forward of its flagship occasion, Pi2Day, on June 28.

In response to Google Traits, search curiosity for “Pi Community” now sits at a rating of simply 5, decrease than ranges seen earlier than the community’s enclosed mainnet launched.

The information, which exhibits curiosity peaked in March 2025, indicators declining public curiosity within the community following its long-awaited launch of its mainnet, dubbed the “Open Community,” in February.

Pi Coin IOU Buying and selling Collapses as Market Curiosity Fades

The sharp drop in visibility comes alongside a collapse in buying and selling exercise for Pi Coin IOUs on unofficial markets.

Each day quantity has plunged from over $2 billion in mid-Could to simply $56 million as of June 4, a staggering 97% decline.

Regardless of the downturn, some in the neighborhood stay hopeful that Pi2Day — an annual celebration tied to Elon Musk’s birthday — might ship a turnaround.

In a submit on X, Pi Community Alerts instructed followers that large updates are coming for Pi2Day, with mass migration anticipated to start within the coming days.

Hypothesis round a possible Binance itemizing has additionally fueled chatter.

CryptoLeakVN claimed, “Scorching rumor: Binance may record Pi Coin on Pi2Day (June twenty eighth)? If true, this might mark a historic milestone for the Pi Community!” There was no affirmation from Binance or the Pi Core Crew.

Behind the scenes, some builders warn that technical hurdles stay.

Dimas Nawawi, a vocal Pi contributor, cautioned that Pi Nodes nonetheless require protocol upgrades and that the Core Crew has but to pick out Nodes for Mainnet.

He famous that solely dozens of Mainnet Nodes are presently energetic out of greater than 200,000 prepared for deployment.

Nawawi additionally identified that operating sensible contracts would require an replace to at the very least Protocol model 20.

He criticized current grassroots campaigns pushing for a direct International Conversion Worth (GCV), arguing that GCV ought to be achieved via correct improvement slightly than community-driven urgency.

Except the Pi Core Crew delivers clear progress this month, Pi2Day dangers falling flat — including to rising doubts over whether or not Pi Coin’s long-promised open mainnet will ever launch.

Pi Coin Struggles Persist as Pi Trades Close to Lows

Pi Coin continues to face bearish stress, with the token hovering round $0.637 at press time.

The broader development stays weak, as proven within the 1-hour chart, the place PI has been locked in a persistent downtrend since April, with no significant reversal makes an attempt.

Bollinger Bands are tightening, reflecting diminished volatility, whereas RSI sits at a bearish 33.51 — suggesting momentum stays to the draw back.

The 5-minute chart exhibits a sharper intraday drop under $0.64 earlier at the moment, with RSI briefly touching 25.93, indicating oversold situations earlier than a modest bounce.

Nonetheless, no sustained bullish follow-through has emerged, and MACD stays in adverse territory.

On the 1-minute chart, a minor restoration is seen with RSI again to 48.48 and MACD flipping barely constructive, however this short-term uptick just isn’t but supported by sturdy quantity.

Key resistance now lies close to the mid-Bollinger Band at $0.647–$0.65.

Failure to reclaim this degree would hold PI weak to additional declines. The following help zone is close to $0.62–$0.625, a area examined a number of instances over the previous two weeks.

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