The post Pi Network Price Prediction: Will Pi Network Break $0.50 Support or Rally on BNP Paribas News? appeared on BitcoinEthereumNews.com.

As market sentiment turns increasingly cautious, Pi Network (PI) finds itself at a critical crossroads below $0.60. The PI Coin price has struggled to gain momentum amid plummeting trading volumes and skepticism over unconfirmed partnership claims. With the Pi cryptocurrency trading in a tight range and failing to break key resistance levels, traders are left questioning whether the token will tumble below $0.50—or stage a comeback. Market Volume Dip Sparks Bearish Concerns The recent dip in Pi Network trading volume—down 49% in just 24 hours—has become a focal point of market anxiety. According to CoinMarketCap data, Pi Coin recorded one of the lowest trading volumes among the top 30 cryptocurrencies, reinforcing concerns about weakening interest in the Pi Network market. Pi Network’s trading volume plunged 49% in 24 hours, falling to just $34.95 million. Source: CoinMarketCap At the time of writing, the Pi Network Coin price is hovering around $0.59, down 4% over the week and over 80% lower than its February peak of $2.99. This decline coincides with stagnant momentum and resistance near $0.58–$0.60. Analysts warn that a drop below the lower boundary of the current symmetrical triangle pattern could push PI to a new low of $0.40 and potentially down to $0.10 if bearish sentiment escalates. “The current lack of exchange listings and declining activity raises red flags,” said one market analyst. “Without a catalyst, the Pi Coin value may continue to erode as traders shift their focus elsewhere.” BNP Paribas Rumor: Catalyst or Distraction? Pi Network’s community recently buzzed with excitement over a rumored partnership with French banking giant BNP Paribas. A post by Pi Coin Magazine suggested integration with the bank’s digital payment systems via the “Pi Nexus Banking System” APIs. However, BNP Paribas has not confirmed any collaboration, and further investigation reveals the APIs were…

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Filed under: News - @ May 5, 2025 9:23 pm