With 90% Supply Control, Can the Pi Core Team Prevent a Price Crash?

The Pi Network token is under serious bearish pressure, with its price now trading near the critical $0.40 support level, citing TradingView data.

However, a close observer of the cryptocurrency is optimistic that the team behind the digital asset can prevent a brutal crash that could affect investors’ confidence in the project’s sustainability.

In his latest post on X, the Pi coin observer, “Dr_Picoin,” highlighted the Pi Core Team’s ability to prevent a drop below the crucial $0.4 support. The core of his argument is that the team owns over 90% of the coins, giving them the ability to prevent the price from dropping massively.

He noted the danger of Pi crashing below this level, which would push the cryptocurrency out of the top 30 tokens by market cap, making it appear much riskier to new investors and dramatically reducing its traction in the market.

The Pi coin’s current price trajectory is a source of major concern for its users, especially the project’s early adopters. Pi arrived on the crypto scene with significant hype and promotion, with its core team and pre-launch “Pioneers” making optimistic claims about the cryptocurrency’s potential.

The project capitalized on this initial hype in its early days, with the price surging over 380% to reach a high of $2.9950 within the first seven days of its listing. However, a massive selloff, triggered by the token’s early adopters, seems to have plunged the cryptocurrency into a severe bearish mode that could prove difficult to recover from.

The Pi coin first crashed to the $0.40 level in the first week of April 2025, a decline of over 85% in less than six weeks.

That region became Pi’s new base, with a retest that caused the cryptocurrency to register an all-time low at $0.3969 in June. Breaking below this level could be catastrophic for the novel cryptocurrency, and observers believe the project’s team will not take that lying down.