💞 #Gate Square Qixi Celebration# 💞
Couples showcase love / Singles celebrate self-love — gifts for everyone this Qixi!
📅 Event Period
August 26 — August 31, 2025
✨ How to Participate
Romantic Teams 💑
Form a “Heartbeat Squad” with one friend and submit the registration form 👉 https://www.gate.com/questionnaire/7012
Post original content on Gate Square (images, videos, hand-drawn art, digital creations, or copywriting) featuring Qixi romance + Gate elements. Include the hashtag #GateSquareQixiCelebration#
The top 5 squads with the highest total posts will win a Valentine's Day Gift Box + $1
#Join Alpha RION Airdrop to Earn $40#
Price & Market Snapshot
0-1Current price: ≈ $0.358 (-11% in last 24 hrs) with ~$160–170 M trading volume – deepest dip since February 2025
306-0Circulating supply: ~7.7 B PI; market cap: around $2.78 B
409-0All-time high (ATH): ~$2.99 in February 2025—Pi is now down ~85–90% from peak
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⚙️ Key Drivers Behind the Sell-Off
🔓 Massive Token Unlocks
528-0August marks the release of ~160 M PI tokens, the largest monthly unlock ever, with daily new supply dropping to ~5M—affecting liquidity and pricing pressure
🚨 Lockup Program & Community Backlash
811-0Pi Network introduced 200% post‑migration lockup incentives, asking users to voluntarily freeze tokens—triggering backlash due to falling price, slow Mainnet rollouts, and perceived lack of utility
🐋 Mysterious Whale Accumulation
1089-0A single wallet (GAS…ODM) has amassed ~331M PI coins, raising speculation over insider accumulation or Pi Team buybacks. This may pull supply out of circulation—but also raises centralization concerns
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🧾 Technical Analysis & Outlook
📉 Near-Term Support & Resistance
1348-0Critical support zone: $0.32. Below this, panic selling could drive price toward $0.30 or lower
1562-0Resistance levels: $0.40–0.44. Clearing this zone could ease bearish momentum. A break above $0.47–$0.50 could signal a reversal toward $0.63–$0.74
📉 Indicator Signals
1751-0MACD momentum is weak or bearish; RSI is oversold (~26), signaling possible short-term bounce but overall bearish structure remains
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📅 Medium-Term Outlook (Aug–Dec 2025)
1959-0One forecast suggests prices may lift to $0.58–$0.60 by late 2025, assuming ecosystem development picks up and unlock supply tapers off . 2166-0CoinCodex projects a rebound into the $0.267–$0.29 range in September with ~20% gains from current levels—if downside is avoided .
2321-0More bullish long-term stances (e.g., Dr. Altcoin) argue for higher returns over several years, citing analogies with early BTC/ETH accumulation cycles .
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⚠️ Risks & Watchlist
Risk Factor Impact
Continued unlocks Persistent inflation pressure unless uptake matches supply
Lack of utility Slow ecosystem rollout undermines use-case expansion
Community trust Discontent over lockups, listing delays, and PR missteps
👉 Watch for milestones such as Binance listing, Mainnet Open release, and real-world dApp adoption to shift sentiment.
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✅ Summary
Pi Coin is in steep decline—down ~85–90% from its ATH—as large token unlocks, weak momentum, and lack of utility overshadow accumulation narratives. Short-term risk prevails unless the price can reclaim $0.40–0.44 resistance. On the upside, successful lockup participation, ecosystem growth, and potential listings could stabilize supply and foster 'buy-the-dip' interest. For patient investors, mid-to-late 2025 may present recovery windows, but sentiment is fragile.