## Pi Network Price Under Pressure – What Is Pi Currently Worth?

The Pi Coin has recently been struggling with significant downward pressure. The current price dropped to $0.19 after reaching $0.2828 in the previous month. This marks a substantial decline from earlier levels and raises the question for investors: How much is Pi really worth?

## Ecosystem Expansion Despite Price Decline

While the market price is falling, the Pi Network development team is trying to advance the network through active innovations. The recently held two-month hackathon introduced several winners intended to enrich the ecosystem.

**Award-Winning Applications:**

Blind Lounge won as the main project – an anonymous dating and communication platform emphasizing privacy. Starmax followed as the second winner, a loyalty program that allows users to spend Pi in retail stores and earn rewards. RUN FOR PI, a gamification project, took third place and directly incorporates the Pi token into playful incentives.

Other notable projects like Kindrek, PallyPay, SimpleJoy, and Agora Pulse completed the hackathon and demonstrate the diversity of emerging applications.

## Infrastructure Upgrades for Sustainable Growth

The development team has recently introduced significant technical improvements. A DEX, an AMM protocol, a liquidity pool, and a testnet for token generation have been implemented. These measures aim to help developers launch new tokens on the network and provide users with decentralized trading options – similar to established blockchains.

Strategic investments support this direction: CiDi Games received funding for games integrating Pi, while OpenMind from the AI sector is also supported.

## Technical Market Signals Indicate Volatility

From a technical perspective, the picture is mixed. The daily chart shows a double-top pattern at $0.2828. The current level of $0.19 is already below the critical neckline at $0.2020. The 50-day and 100-day moving averages ( are below the current price, reinforcing the downward trend.

If the downward trend continues, the next support level at $0.158 will likely be relevant – the low from October of this year. Most trend indicators are currently in weak territory, which could favor a continuation of the correction.

The discrepancy between active ecosystem development and weak price trends raises an interesting question: Will the new applications and technical improvements be enough to restore market confidence and stabilize the Pi value?