Pi Network’s PI token slipped below $0.08 on October 14, with CoinMarketCap showing the asset near $0.0794 after closing the previous day around $0.0802. The latest move keeps Pi Network under pressure, with PI down more than 18% over the past 30 days despite recent efforts to expand ecosystem utility.
The weakness comes as Pi explores how stablecoins could complement its native token in payments and other applications requiring more predictable pricing. Those plans remain developmental rather than a confirmed broad rollout, while the emerging stablecoin strategy has yet to translate into sustained buying demand for PI as the token continues trading close to recent lows.
The immediate test is whether PI can reclaim and hold the $0.08 level after repeatedly moving around that threshold. A sustained recovery above $0.08 could ease short-term selling pressure, while continued trading below it would keep attention on recent support levels and whether upcoming ecosystem developments can improve market momentum.
Source: CoinMarketCap.
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