3 Major Risks That Could Lead to a Decline in Pi Network Price After Mainnet Launch

After many years of waiting, Pi Network officially launched Open Mainnet on February 20, 2025. This event has attracted the attention of the crypto community, especially when many major exchanges announced plans to list Pi Coin. However, despite this important milestone, investors still need to be aware of 3 major risks that could affect the price of Pi after Mainnet goes live.

1. Signs of Weakness on the Technical Chart Currently, Pi Coin IOU - the pre-trading version of Pi - has dropped sharply by 40% in the past 24 hours, signaling a possible continuation of the downward trend. It is worth noting that the price has broken through the important support level of $50, indicating weakening buying pressure. If after the Mainnet launch the price continues to break through the support levels, Pi could face a deeper decline.
2. Large Early Miners May Sell Off Pi Network has a huge number of (miners) who have accumulated tokens over many years. When the Mainnet is launched, many people may take profits immediately, creating significant selling pressure. If the amount of Pi Coin released to the market is too large compared to the buying demand, the price of Pi is at risk of a sharp decrease immediately after listing. This is a scenario that has occurred with many previous crypto projects.
3. Airdrop Effect - Price Decrease After Listing The history of the crypto market shows that tokens issued through the airdrop model are often sold off immediately after listing, causing prices to drop rapidly. Pi Network is no exception. When users receive free tokens and want to convert them into cash, the market may be flooded with supply, leading to selling pressure and reducing the value of Pi Coin. The launch of the Pi Network Mainnet is a major step forward, but the risks are not small either. Investors need to closely monitor the market situation, while considering technical and psychological factors before making decisions.