The bearish price (or low/uncertain value) of Pi Coin (Pi Network) mainly comes down to a few key reasons:

📉 1️⃣ It’s not fully listed yet

Pi Network is technically not officially listed on major exchanges. What you see on some exchanges (like HTX, BitMart, or other smaller platforms) is usually IOU trading (informal “Pi IOUs”) or unofficial tokens. The real Pi is still in its Enclosed Mainnet phase, so users can’t freely trade it globally — only inside the Pi ecosystem or through barter-style deals.

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📉 2️⃣ No real liquidity

Since there’s no official open market, big buyers and sellers can’t participate yet. This means there’s no real demand and supply mechanism to push the price up or stabilize it. Any price you see now is mostly speculative or peer-to-peer.

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📉 3️⃣ Low utility so far

Pi’s team promises a huge ecosystem of apps, marketplaces, and DeFi, but most of these are still under development or in beta. If people can’t spend Pi easily on real products and services, demand stays low.

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📉 4️⃣ High supply & unknown tokenomics

Millions of people mine Pi every day using the mobile app. This means there’s a huge potential supply, but no one knows exactly how much will hit the market when it goes fully open. High supply with uncertain demand = bearish pressure.

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📉 5️⃣ Lack of regulatory clarity

Since Pi still operates in a closed environment, it’s unclear how regulators will treat it when it opens up. That uncertainty keeps big investors away.

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✅ When could it change?

The price might improve once:

Pi launches the Open Mainnet with listings on top exchanges.

There’s clear utility (more real-world use cases).

The community and businesses actually use it at scale.

The team delivers on its promises.

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If you want, I can share realistic price predictions, risk factors, or tips on how to prepare for Open Mainnet. Just say “yes”!

#AltcoinSeasonLoading #Write2Earn #PiCoreTeam #PiNetwork $XRP