Can Pi Coin Hold the Line or Will It Drop Below $0.40?
As of mid-July 2025, Pi Network (PI) is still floating in speculation territory. Despite years of hype and a massive community, there’s still no official exchange listing, and the coin’s only visible price is through IOU markets like HTX, BitMart, and XT.com.
This month, the IOU price of Pi Coin is showing low volatility, trading in a tight range between $0.44 and $0.50, but the warning signs are real — token unlocks, low liquidity, and lack of progress toward full decentralization could all affect the next move.
Pi Coin Price Snapshot July 2025
- Current IOU Price:
$0.445 (CoinGecko), ±0.5% over the last 24 hours - 24h Volume:
Around $1.1M across IOU trading platforms - Real Token Status:
Still unlisted on Binance/Coinbase, and mainnet migration remains limited - Circulating Supply:
Only ~15% of total supply is unlocked, while more tokens are scheduled to be released this month

Market Pressure: Token Unlocks and User Fatigue
One of the biggest events affecting July’s price is the ongoing unlock wave, releasing over 230 million PI tokens into circulation. Many of these tokens are going to users who are eager to sell, especially after waiting years to gain access.
Unfortunately, migration rates are still slow only around 12 million users out of 35 million have completed KYC and migrated to the open network. That means supply is unlocking, but buyer interest is not matching the pace.
This imbalance is creating downward pressure, despite the price holding above $0.44 for now.
Technical Forecast: Bearish Until Proven Otherwise
Most analysts agree:
- Pi is still range-bound, with key resistance at $0.52
- If support at $0.44 breaks, we could see a slide toward $0.40 or even $0.38
- There’s no technical breakout expected without a major trigger (like listing news or ecosystem growth)
The RSI and MACD indicators suggest neutral to bearish momentum, and there’s very little volume coming in from new investors.
Realistic Prediction for July 2025
Unless something changes dramatically (like a Binance listing or major roadmap update), the price will likely stay in the $0.44–$0.50 zone, with possible dips to $0.40 as more users migrate and sell.
Short-Term Forecast:
- 💥 $0.50 = Strong resistance
- 🧊 $0.44 = Current floor
- ⚠️ $0.40 = Breakdown risk zone
Final Word
Pi Coin’s potential is still locked behind delayed access, missing transparency, and low liquidity. If you’re already mining, stay patient but if you’re thinking about buying IOUs, know that real Pi is not yet tradeable, and prices could shift sharply once the mainnet truly opens.
Verdict: Watch, wait, and verify. Hype isn’t enough — and July will test how strong the Pi community really is.

