The price of Pi Coin is fluctuating near a key support level after a slow trading week. Let's examine the current market trends.
Current Price Situation
As of writing, the price of Pi Coin is at $0.47, reflecting an increase of 0.94% within the last day and 0.67% over the past week. This is concerning given that most cryptocurrencies are experiencing growth. The trading volume stands at $96.5 million, indicating low activity at this time.
Chart data shows a symmetrical triangle pattern, with support at $0.4450 and resistance near $0.60. The price is nearing a significant move up or down.
Wallet Activity Draws Attention
Recently, a wallet labeled 'ODM' received 1.56 million PI tokens from OKX over the past 24 hours, raising interest among traders. Some suggest that this wallet might belong to the team or be utilized for buybacks.
> "The wallet 'ODM' is accumulating PI faster than ever. In the last 24 hours it received 1.56 million PI from OKX. This wallet is probably a buyback Wallet. Probably owned by the team." — MOON JEFF (@CRYPTOAD00) July 14, 2025.
Outlook for Pi Coin
The activity in wallets occurs while the price is moving sideways. If the wallet is linked to the project, it could suggest efforts to stabilize the price or manage the circulating supply. No confirmation has been provided by the team yet.
As reported, Pi has lost nearly 70% of its value over the past two months due to ongoing token releases, making it easier for early holders to sell.
At this moment, Pi Coin is at an important support level with potential for significant price fluctuations. Upcoming events and the activity of major wallets may influence its future.
