Pi Network is preparing for its much-anticipated Open Mainnet launch today on 20th February 2025. This significant event has captured the attention of the crypto community, especially with major exchanges revealing plans to list Pi Coin. The launch will mark Pi’s transition from a closed ecosystem to a fully decentralized network. The achievement of external wallet transfers together with exchange listings and decentralized applications (dApps) develops intense interest around Pi Coin price expectations. However, there are critical risks that could impact its price post-launch.
3 Major Risks That Could Tank Pi Network’s Price After Mainnet Launch
The cryptocurrency world talks intensely about Pi Network as speculations rise about its upcoming mainnet launch date. The approaching launch on February 20th has triggered rising investor and expert apprehension regarding the future path of Pi Network along with its default token, Pi.
From technical issues to the potential for mass selling, there are key risks that investors should be aware of. Here, we highlight three major factors that could affect Pi’s price after its mainnet launch.
Binance, the largest exchange in the world, which recently launched a vote for $Pi listing, will definitely list it.
The vote was just a pretext to create a lot of hype and for the OG #crypto whales to take notice and have time to prepare.
Agree?#PiNetwork #Binance #Bitcoin pic.twitter.com/B4k2V9zZhO
— Pi Network News Global 𝛑 (@PiNewsGlobal) February 19, 2025
Technical Indicators Show Weakness
Pi price charts are currently showing signs of vulnerability, with the token slipping below key support levels. In the past 24 hours, Pi Network’s IOU token has already seen a sharp 40% decline, prompting questions about its future price movement.
The price has recently fallen below the $50 support level, which was previously considered a solid support level. This technical weakness could signal a further downturn in Pi’s price, especially if the trend continues after the mainnet launch.
Early Miners Could Flood the Market
Pi Network has a large base of early miners who have been accumulating tokens for years. The active miners operating on mainnet will probably cash out their holdings when the mainnet launches.
A substantial market downturn would likely happen if the increased supply exceeds market demand during this period. The market entry of numerous coins would intensify the existing price reduction thus deepening the downward trend.
Airdrop-Based Tokens Often Drop After Launch
A substantial decline in value typically happens to cryptocurrencies that make their initial releases via airdrops or similar distribution methods. When Pi Network starts trading while widening its user base it may result in market flooding through airdropped tokens that trigger immediate token dumping.
The history of airdrop projects shows this pattern has become standard so Pi Network may encounter the same outcome when supply exceeds market demand.
The mainnet launch of Pi Network requires investors to analyze these significant risks. Investors need to approach the market with caution while tracking Pi Network project developments along with market information.
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