The Pi Network has experienced a sharp drop in price over recent months, falling from highs of $2.79 to the current range of approximately $0.49. For many holders and miners, this decline has been disappointing, raising concerns about whether the token could drop even further. However, according to emerging insights from experts like Dr. Altcoin, Pi Network’s price is unlikely to dip below $0.40 any time soon. There are several compelling reasons for this price floor, the most significant being the Core Team’s control over the vast majority of Pi tokens in circulation.

One of the most crucial elements in Pi’s price stability is the fact that the Pi Core Team (PCT) holds approximately 90% of the total token supply. This concentrated ownership allows the team to control token unlocks and regulate how much Pi is released into the open market. In essence, the PCT acts as a supply gatekeeper, adjusting token flow in response to market conditions to avoid overwhelming sell pressure. This centralized approach has been criticized by some in the crypto community for lacking decentralization, but it also provides a mechanism for maintaining market stability in Pi’s early growth stages.

If Pi’s value were to fall under $0.40, the damage would likely extend beyond just investor losses. Such a move could erode the coin’s credibility and push it out of the top 30 cryptocurrencies by market capitalization. A drop of that magnitude could lead to reduced visibility, investor confidence, and ecosystem participation. For a project still building its developer community and real-world use cases, maintaining a sense of price strength is critical to long-term success. The Pi team is acutely aware of this and has historically taken strategic steps to slow token distribution during periods of volatility.

Moreover, the Pi Core Team has a lot riding on the token’s perceived stability. The platform has made major statements about its app ecosystem, including the recent introduce of over 7,900 applications within the Pi App Studio, which signals ongoing development and growing use cases. A significant price crash would not only shake investor confidence but might also dissuade developers and partners from continuing their work on the platform.

Beyond token supply control, market psychology also plays a role. Many Pi Network supporters believe in the long-term vision of the platform and are willing to hold rather than sell, even amid price dips. This strong community belief system adds another layer of price cushioning, helping to resist downward pressure that might otherwise trigger panic selling in a less committed market.

From a technical analysis perspective, the current chart patterns suggest a consolidation phase rather than a free fall. The $0.40 to $0.70 price range appears to be forming a strong base of support and resistance that may hold firm at least through August. As long as the Pi Core Team maintains its disciplined approach to token unlocks and avoids flooding the market with supply, this zone could serve as a stable range for short-term trading. Analysts anticipate that once token unlocks begin to slow in the coming months, the reduced supply pressure could allow Pi to gradually trend upward—barring any major negative events or market-wide sell-offs.

Still, expectations for explosive growth in the near term remain modest. There is little evidence of imminent major partnerships or listings that would create a sudden surge in buying activity. However, slow and steady progress seems to be the strategy of choice for Pi Network right now, focusing on ecosystem development and core infrastructure instead of chasing quick market pumps.

In conclusion, while Pi Network’s price has certainly felt the pressure of a bearish trend, the odds of the token falling below $0.40 appear slim under the current conditions. With the Core Team controlling the majority of the supply and an active effort to manage the pace of unlocks, the project has built a strong line of defense against extreme devaluation. As Pi continues to build out its app ecosystem and gradually decrease new token emissions, the foundation for a more stable and possibly appreciating price structure is being laid. For now, Pi’s stability remains largely in the hands of its creators—and they seem to be handling that responsibility carefully.