Pi Network has shown a notable recovery after falling below $0.40 earlier in the month. It’s now trading close to $0.65, though still significantly below its peak near $3.00 following the Open Network’s debut. While the token remains 80% off its highs, the rebound in April has traders wondering whether a trend reversal is finally underway.
After enduring intense pressure through March, Pi’s recent price action shows stability, suggesting that it may be forming a bottom.
Signs of a Pi Network Recovery?
Well-known crypto analyst Dr Altcoin recently highlighted a wallet connected to the Pi Core Team that has been buying large amounts of Pi tokens in an effort to halt the downtrend. This wallet has reportedly acquired nearly 50 million PI—worth more than $30 million at current prices.
The move has helped shift market sentiment, which is further supported by a general improvement across the broader crypto market. Optimism is building that this support could be the catalyst for an extended rally.
Positive developments are also surfacing: Chainlink has begun supporting Pi’s data feed integration, and Pi Network’s co-founder, Nicolas Kokkalis, is slated to speak at Consensus 2025. These milestones could reinforce network legitimacy and reignite enthusiasm.
Web3 analyst Jatin Gupta emphasized that Chainlink’s addition enables major DeFi expansion on the Pi blockchain.
Is It Worth Holding Pi in a Portfolio?
With over 60 million users and a $4.5 billion market cap, Pi Network is one of the largest experimental ecosystems in the crypto space. But its mixed reputation continues to fuel debate.
The project is frequently criticized for its referral-based structure, with skeptics comparing it to a pyramid scheme. Delayed mainnet launches and slow KYC processes have also led to frustration.
Another concern is token inflation: Pi’s supply has been increasing steadily, but use cases in the real world remain limited.
Could MIND of Pepe Outperform?
One project stealing the spotlight is MIND of Pepe (MIND), an AI-meme coin hybrid that launched its presale in January 2025 and has raised over $8 million. With a price of $0.0037 and staking rewards of 279% APY, it’s capturing serious attention.
The project includes an autonomous AI agent that scans market activity, posts on social platforms, and provides analysis to token holders. Over 1.2 billion tokens are already staked.
In contrast to Pi’s price slump, MIND has been trending upward thanks to audited smart contracts (SolidProof & Coinsult), strong fundamentals, and viral traction. With meme season heating up, MIND could outperform Pi Network, especially as trust issues and supply concerns weigh down the latter.
