Overview

• PI trades around $0.34 with thin volume after falling more than 80% from its 2025 highs, according to recent market reporting.
• Roughly 163 million tokens were recently unlocked with more releases expected, and analysts describe support near $0.34 as fragile.
• Observers cite thin order books and exchange concentration as key liquidity risks, alongside ongoing delays to open mainnet, KYC phases and version upgrades such as V23.
• Blockonomi contrasts PI with Remittix, reporting a presale total above $25 million, planned BitMart and LBank listings, and a Sept. 15 beta wallet target, though these are project claims and much of the coverage is promotional and not independently verified.
• Some analysts now consider a collapse scenario by 2026 plausible, pointing to continued supply pressure, limited utility traction and weak buyer interest as potential drivers.