Pi Network Price Today May 30, 2025: Down 40% from the High in May

Pi Network Price Today 5/30/2025

Pi price on OKX exchange on May 30, 2025 is fluctuating around the price from 0.7024 USD to 0.7381 USD (equivalent to 18,280 VND to 19,160 VND. Thus, at the time of writing, Pi price on OKX exchange decreased by 2.8% compared to yesterday, reaching 18,480 VND

Pi Network is currently trading at $0.74, up 23.6% since the beginning of the month. However, the coin is also down 40% from its peak in May. Investors who bought during the hype or fear of missing out (FOMO) are now suffering huge losses as the price continues to struggle.

If the downtrend continues, Pi Network price could fall below the $0.71 support level, possibly even hitting $0.61. This would be a negative signal, indicating that selling pressure and bearish sentiment are increasing.

Conversely, if the price holds above $0.71, the possibility of a recovery remains. If Pi Network can rise to $0.87, the altcoin could regain some stability. Breaking above this level would negate the current downtrend and open up the possibility of a reversal.

Pi Network Price Today May 30, 2025: Down 40% from the High in May

13.17 million Pi Network (PI) tokens issued

Since the beginning of the month, Pi Network has recorded a decrease in the number of investors. Only a few times have the number of participants surpassed the number of withdrawals, reflecting a decrease in confidence and a tendency to take profits and exit the market.

The lack of stable support from the investment community is making it difficult for Pi Network to maintain its appeal. With many people choosing to withdraw their funds, the prospect of maintaining growth momentum becomes uncertain, and market sentiment continues to be negative.

May 28 was considered an important milestone when 13.17 million PI tokens were released to the market, the largest sell-off of the month. Previously, on May 26 and 27, 11.28 million and 15.16 million tokens were unlocked, respectively.

Wallets are continuously pouring into exchanges, indicating that the risk of selling continues to increase. In June, approximately 264 million tokens are expected to be unlocked, causing a surge in supply. Without corresponding demand or new applications for PI, this could cause the price to continue to decline.

Despite the market turmoil, the majority of the Pi Network community remains optimistic. According to a survey published by CoinEdition, up to 88% of participants believe that the price of PI will increase in the long term.

Platforms like Reddit and social network X continue to buzz with discussions about PI's potential for real-world utility and the future of the ecosystem it builds.

Community engagement and expectations can help maintain market sentiment during volatile times. From there, Pi Network has the opportunity to maintain a stable price "floor" if supported by trust and active participation from loyal users.

Source: https://baonghean.vn/gia-pi-network-hom-nay-30-5-2025-giam-40-so-voi-muc-cao-nhat-trong-thang-5-10298512.html