Pi coin price prediction: daily trading volume big dump of 70%, urgently awaiting favourable information for exchange listing!

Pi coin ( PI ) is sliding towards the abyss, with the current price at 0.340 USD only 5.54% away from last week's historical low of 0.322 USD, marking a staggering 80% decline this year, leading the Mainstream Tokens. More severely, its daily volume has plummeted 70% to 43 million USD in just 4 days, with capital outflows continuing to intensify (the Chaikin Money Flow (CMF) indicator has worsened), coupled with a strong correlation of 0.93 with Bitcoin and stagnant ecological development (mainnet launch delays and exchange listing obstacles). Analysts warn that if the critical support at 0.362 USD cannot be held, it may dip to the 0.1 USD mark.

【Price Crash】Down 80% this year, historical low is within reach

• Pi coin ( PI ) continues to be deeply trapped in the falling vortex, currently reported at 0.340 USD, with only 5.54% of falling space left to last week's historical low of 0.322 USD.
• This token has become the most severely falling coin among projects with a market value exceeding $1 billion: it has cumulatively dropped 80% this year, with a 26% decline in the past 30 days, continuing to lead the decline among the top 40 cryptocurrencies.
• The performance of tokens in the same tier shows a stark contrast: Mantle (MNT) increased by 53% during the same period, while Ondo (ONDO) rose by 16%.

[Liquidity Drought] Volume Plummets Sharply, Market Participation Drops Significantly

• Accompanying the price collapse is the sharp contraction of liquidity: On-chain data shows that the daily trading volume of PI coin plummeted from 140 million USD on August 2 to 43 million USD on August 5, a big dump of nearly 70% in just four days.
• The collapse of volume reflects a cliff-like drop in market activity and participant interest, with extremely weak buying power.

[Technical deterioration] Strong correlation with BTC volatility, funds continue to flee

1. Strong correlation of Bitcoin (correlation coefficient 0.93): The price trend of PI is highly tied to Bitcoin, and BTC's volatility will directly pull PI's trend, amplifying its risk exposure.
2. Chaikin Money Flow (CMF) issues an alert: The indicator continues to decline, clearly showing that capital outflow far exceeds inflow, with heavy market selling pressure and extremely pessimistic investor sentiment.
3. Key support lost: The 4-hour chart shows that the PI price broke through the key trendline support with a massive sell-off on August 1, reaching a historical low of $0.3220. Although there was a slight rebound, it is gradually retesting that low.
4. Relative Strength Index (RSI) is sluggish: The RSI indicator hovers around the 30 oversold line, confirming that the downward momentum remains strong.

[Fundamental Issue] Ecological Development Stagnation, Community Confidence Collapse

• While most cryptocurrencies are experiencing a rebound, Pi coin is experiencing a big dump, highlighting its unique predicament.
• The core issue is that ecosystem development is severely lagging behind:
  • Mainnet Launch Delayed: The migration process of the token to the public mainnet has been repeatedly postponed.
  • Exchange Listing Cools Down: Failed to successfully land on major cryptocurrency exchanges, with liquidity being limited.
• The repeated delays of the aforementioned key milestones have severely damaged the project's credibility, leading to widespread dissatisfaction in the community, becoming a major trigger for the sell-off.

[Outlook] Death line at $0.362, breaking it may trigger panic

• Minimum Requirement to Reverse the Bear Market: The PI must first convert $0.362 into a solid support level to hope for a rebound. If successfully broken through, the next target is $0.401 (breaking this level could initially reverse the bearish structure).
• Severe downside risks: Given the ongoing capital outflow, high correlation with Bitcoin, and lack of positive fundamentals, the short-term trend is extremely fragile.
• Big Dump Warning: Analysts warn that without significant positive news (such as listing on a top exchange) to stimulate, prices may continue to dip, the next few weeks may test $0.10 or even lower levels, falling into a death spiral.

Conclusion: The Pi coin is facing the most severe survival test since its inception—continuous price fall, near exhaustion of liquidity, collapse of community confidence, and全面恶化 of the technical aspect. The 0.362 USD support level has become a dividing line between bulls and bears; if it effectively falls below this level, it may trigger a new round of panic selling. Whether the project team can timely fulfill the promise of Mainnet launch and exchange listing will become the last opportunity to restore market confidence. Investors need to be highly vigilant against liquidity traps and extreme volatility risks.