The first 100 days have been bumpy for the Pioneers: will these key updates flip the script back to bullish?
Pi Network’s (PI) main token Pi coin has found its way to restore an important support level after the core team dropped a key update. Celebrating the 100th day of Pi’s mainnet launch, the devs took it up a notch to introduce a $100 million fund for building innovative startups on the chain.
Pi Team Splashes New Fruity Game Update
This is done in a quest to bring real-world utility to Pi Network, starting with a gaming platform. In their freshest blog post, Pi core developer team introduced the FruityPi – an easy-play fruit-matching game, which runs in three different modes.
Players can skip the registration process & just choose between Fruit, Salad or Poly game modes in the mobile-friendly fruity adventure. Besides making an entrance into casual gaming, Pi core devs thanked the Pioneer community for continuous loyal support & shared some key stats about Pi coin’s network status & health.
The core team reported that 3 million fresh Pioneers had transitioned onto the mainnet in the recent months, now counting up over 13 million Pioneers on Pi’s mainnet. Meanwhile, the Pi coin allocation process is ongoing, migrating 7.4 billion Pi coins to the mainnet, 5.2 billion of them locked & 2.2 billion already in circulation.
How Far Is Pi Coin From Hitting $1 Again?
Struggling for the most time after achieving the $2.99 all-time peak one week into launch, Pi coin’s price is slowly reclaiming a major demand territory of $0.60. The level is particularly important, as $0.60 support served as the catalyst for Pi coin’s rally to $1.51 on May 12, 2025.
Since then, Pi coin’s market value has crumbled significantly, dipping 31.5% over the past 30 days. Presently, the technical one-day crypto charts hint at Pi coin’s price flirting with the green Bollinger Band (BOLL), solidifying the chances of another bounce from this Pi price level.
Besides, cryptocurrency whales haven’t been actively acquiring the dip, and it shows in two key metrics. First of all, the Chaikin Money Flow (CMF) meter carries on dwelling at below -0.10, stating that large holder sell-offs are still frequent. Additionally, the True Strength Index (TSI) showcased negative value on both oscillators, hitting at crypto beers still turning the tides.
On The Flipside
Why This Matters
Uniting over 70 million crypto enthusiasts, Pi Network has brought crypto mining to the mainstream, making mining accessible without special hardware and super computers.
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