As of August 20, 2025, according to the latest market data from Gate, the price of Pi coin (PI) is hovering around $0.35, testing the critical support level of $0.35. This project, once hailed as the "people’s cryptocurrency," currently has a market capitalization of approximately $2.7 billion, ranking 46th globally, having fallen more than 87% from its historical high of $3 set in February.
Market Status: Volatile Prices and Key Levels
The performance of Pi coin has been somewhat weak recently. The price has decreased by 0.2% in the past 24 hours, while the weekly decline has widened to 14.20%, significantly underperforming the overall cryptocurrency market during the same period (which fell by 0.10%) and the Layer 1 sector (which rose by 1.50%).
The price fluctuates narrowly in the range of $0.34 to $0.35, with a 24-hour trading volume shrinking by 46% to about $35.19 million, reflecting the tightening of market liquidity and the intensification of the long-short battle.
From a technical perspective, the range of 0.34 to 0.35 USD has formed a key short-term support zone. If broken, the price may test the June low of 0.335 USD; recent resistance above is at 0.44 USD, which has been challenged unsuccessfully four times in the past three months.
Platform Choice: Advantages of Gate
Currently, Pi coin has not been listed on top exchanges such as Binance and Coinbase, but it is already available for trading on some platforms, among which Gate is one of the first exchanges to launch spot trading for PI coin and is currently the most active trading platform for PI coin, accounting for about 60% of the total trading volume in the network.
Gate supports the PI/USDT trading pair and offers PI perpetual contract trading with a maximum leverage of 25 times. Its advantages lie in relatively ample liquidity and a rich variety of trading product types.
The platform has a high security rating, with over 35 million registered users, supports more than 3,800 trading pairs, and has excellent user reviews, all of which provide a reliable endorsement.
User Guide: Complete the sale of PI coin in four steps
The process of selling PI coin on Gate can be simplified into four core steps.
Recharge PI coin to Gateway
Log in to your Gate account, click on the "My Assets" menu in the navigation bar, then click the "Deposit" button and select "Pi Coin (PI)". The system will generate a unique deposit address—please copy this address carefully.
Open your Pi wallet (make sure you have completed the KYC and mainnet migration of Pi Network), paste the deposit address copied from Gate, and send your PI coin. Note: Transfers are not always instant and may be delayed, especially during busy network times.
Place Sell Order
After the recharge is successful, your PI coin will appear in the spot account. Click on the "Trading" menu in the navigation bar and select the "PI/USDT" trading pair.
According to real-time market conditions, you can choose:
- Market Order: Sell immediately at the current market price, suitable for users who want to complete the transaction quickly.
- Limit Order: Set a target selling price you expect, and wait for market fluctuations to match that price automatically, which helps control the transaction price.
Enter the quantity you wish to sell and confirm the order.
Fund Withdrawal
After the sale is completed, the funds (usually USDT) will be deposited into your Gate spot account. You can either leave it on the platform to trade other assets or withdraw it.
Click on the "Withdraw" tab in the "My Assets" menu, select USDT (or the coin you wish to withdraw), enter the withdrawal address, amount, and network fee, and then you can initiate the withdrawal.
Market Trends: Whales, Unlocking, and the Meme Effect
On-chain monitoring shows that since April, an anonymous whale address has been continuously accumulating PI, with a total of 351 million coins (worth approximately 125 million USD), making it the sixth largest holding address on the network. During the same period, exchange reserves have decreased by 5%, alleviating short-term selling pressure.
However, the market is also facing unlocking pressure, with 276 million PI released this month, accounting for 3.5% of the circulation, equivalent to 2.4 times the average daily trading volume. Historical similar unlocking events have triggered a 34% crash.
A noteworthy phenomenon is that the recent price of PI has shown a strong correlation with Meme coins, with its correlation coefficients with DOGE, SHIB, and BONK soaring to 0.76, 0.84, and 0.89 respectively. This indicates that the market has classified PI as a high-risk speculative asset to some extent, and its price is more susceptible to emotional drives, resulting in "price spikes and crashes."
Future Outlook and Investment Strategies
The future of PI according to institutions Price Prediction Extreme polarization:
- Conservative scenario: $0.4 - $1.5 (persistent selling pressure from users + lack of ecological applications)
- Neutral scenario: about $3.78 (listing on Binance/Coinbase + activation of user trading demand)
- Optimistic scenario: over $620 (needs to achieve Visa-level 65,000 TPS + payment landing with tens of millions of merchants) — very low probability
For short-term traders, it is recommended to use $0.38 as the bullish-bearish dividing line. A breakthrough of $0.44 could signal a light long position, while a drop below $0.375 should prompt consideration of stop-loss and observation, with close attention to the release of selling pressure after the token unlock at the end of August.
For long-term holders, it may be advisable to consider a dollar-cost averaging strategy and control the PI position to within 5% of total assets. The holding period may need to be 3 to 5 years, and its value realization largely depends on the optimization of the Pi Network mainnet performance, TPS improvement, and substantial progress in the large-scale adoption by physical merchants.
Future Outlook
The core contradiction in the current valuation of Pi 币 lies in the imbalance between the scale of 60 million users and the potential supply of 100 billion.
Whether a comeback is possible depends on three key breaking points: the listing on leading exchanges brings liquidity injection, mainnet performance optimization supports high concurrency scenarios, and large-scale adoption by physical merchants forms a value closed loop.
Selling PI coin on platforms like Gate has become highly standardized in terms of technical operations, but the real decision lies in timing.
