Pi Network: Can It Bounce Back to $1?
Between a Historic Slump and Recovery Hopes
Pi Network, a name that’s been making waves in the cryptocurrency world, is currently priced at roughly $0.3662. It’s had a slight uptick of over 5% recently, but don’t let that fool you—it’s still down by more than 21% over the past month. Let’s not forget, it soared to an all-time high of $2.98 on February 26, 2025, only to tumble nearly 88% since then. After hitting rock bottom on August 6, 2025, there’s been a modest rebound, sparking some hope among investors.
Many analysts are eyeing a bearish wedge pattern, which could indicate a bullish reversal on the horizon. Yet, before jumping on the optimism train, the price might still dip into the $0.25 to $0.30 support zone. If Pi Network manages to break out, the short to medium-term targets could be around $0.60-0.70 and potentially even $1.20-1.30.
Factors Fueling a Promising Comeback
Despite the rocky road, several factors could drive Pi Network’s recovery. One standout feature is the introduction of a direct purchase option, simplifying the acquisition process:
- Direct purchase integration makes it easier than ever to get your hands on Pi tokens.
- There’s been notable whale activity, with a mysterious wallet holding over 331 million Pi, suggesting market confidence.
- Exciting new AI-based use cases could further solidify Pi Network’s standing.
Even with the significant downturn, Pi Network is still seen as a strategic asset, with the potential to climb back up to the symbolic $1 mark. Encouraging technical and fundamental signals continue to support this outlook, keeping investor interest alive.
Guide: Buying Pi on Bitget
If you’re considering investing in this promising asset before a potential rebound, here’s a straightforward guide to buying Pi on Bitget:
- Create a Bitget account: Head over to their website or download the Bitget mobile app. Complete the identity verification (KYC) to unlock all features.
- Deposit funds: Add fiat currency like EUR or USD through a bank card or SEPA transfer, or use cryptocurrencies such as USDT.
- Access the market: Navigate to the “Spot Trading” section and select the PI/USDT or PI/EUR pair to check the current price, which hovers around $0.36.
- Place a buy order: You can choose a market order for immediate purchase or set a target price with a limit order (say, $0.35). Specify how much you want to buy.
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