After slipping below $0.40 earlier this month, Pi Network (PI) has bounced back, now trading near $0.65. While still down roughly 80% from its post-launch highs close to $3.00, this recent price stabilization has sparked discussions about a potential trend reversal.
April has brought signs of recovery following a brutal March correction. Investors are wondering if the worst is behind and if PI is preparing for a more sustained rally.
Is Pi Network’s Turnaround Taking Shape?
According to a recent post on X by crypto analyst Dr Altcoin, a wallet linked to the Pi Core Team has reportedly accumulated nearly 50 million PI tokens—valued at over $30 million at current market prices—in an effort to support the asset’s price.
This aggressive accumulation suggests an active attempt to restore investor confidence and establish a price floor.
Encouraging signs are also emerging from the broader market, where sentiment has improved considerably. If momentum sustains, PI may have the fuel it needs for a more meaningful recovery.
Adding to the bullish thesis is Chainlink’s integration with the Pi blockchain to provide secure data feeds. This opens the door for decentralized finance (DeFi) functionality within the Pi ecosystem.
Web3 researcher Jatin Gupta noted that Chainlink’s support represents a “significant unlock” for Pi-based dApps.
Pi Network co-founder Nicolas Kokkalis is also scheduled to speak at Consensus 2025—an event that could bring fresh visibility and credibility to the project.
Should Pi Network Be in Your Crypto Portfolio?
With over 60 million users and a current market capitalization of around $4.5 billion, Pi Network remains one of the most discussed crypto projects. Yet it continues to divide the community.
Skeptics question its longstanding referral model, comparing it to a pyramid scheme. The centralized governance, repeated delays in mainnet deployment, and the slow rollout of KYC procedures have also drawn heavy criticism.
Token inflation is another red flag. The circulating supply has expanded significantly without corresponding increases in real-world utility or adoption, causing concerns over long-term sustainability.
Could MIND of Pepe Be the Better Bet?
One project that’s rapidly gaining attention is MIND of Pepe (MIND) — an AI-powered meme coin built on Ethereum. Since its presale launch in January 2025, MIND has already raised over $8 million.
With a presale price of $0.0037 and a 279% staking APY, the token has attracted over 1.2 billion staked units. What sets MIND apart is its built-in AI agent that actively monitors market trends and shares insights with holders. It also engages on social media autonomously, amplifying visibility.
Unlike Pi Network, which has seen an 80% decline due to supply inflation and trust issues, MIND is backed by clear utility, audited code (by SolidProof and Coinsult), and community-driven incentives.
As meme season heats up, MIND’s fusion of AI, staking utility, and meme energy may give it an edge over Pi’s more uncertain narrative.
