Valor Pi ETF assets are only $3000, and the Pi Coin price has fallen over 90% from its peak: what can save Pi Network?

As the market sentiment for Crypto Assets continues to deteriorate and investor demand weakens, the price of Pi Network Token is currently hovering near its ATL, having fallen over 90% from its historical high, with a current trading price of $0.2085. The project's Liquidity is severely lacking, and its market capitalization has dropped to $2.8 billion. Worse, the Valor Pi exchange-traded product (ETP) launched this August has only attracted assets worth $3,000 to date, showing a clear lack of investment appeal.

Pi Network Price Under Pressure: Multiple Internal Factors Dragging Performance

The price of the Pi Network Token has continued to fall over the past few months, with insufficient internal fundamentals being a major reason aside from the overall market downturn.

· Lack of practicality and high concentration: The price of Pi Coin plummeting is the result of multiple factors, including ongoing Token unlocks, high concentration, lack of actual utility, and increased selling by early users.

· Insufficient liquidity and neglect by exchanges: This Token has extremely low liquidity, and mainstream CEXs generally keep their distance from it. Some industry experts, such as the CEO of a certain exchange, have even publicly questioned it as a scam.

· Positive news failed to boost prices: Despite the team launching a $100 million ecosystem fund and allowing developers to build chatbots through an AI studio, these potential positive catalysts have not been able to stop the continued fall in Pi Network prices.

ETP Cools Down: Valor Pi Fund Assets Only Remain at 3000 Dollars

The poor performance of the Valor Pi fund, designed to attract mainstream investors, reflects the market's true perception of the project.

· ETP assets continue to shrink: The Valor Pi fund launched in August this year has failed to attract investors. Data shows that the fund's net asset value is only 28,337 Swedish Krona (SEK), approximately 3,000 US dollars.

· Investor enthusiasm wanes: Compared to the $3,400 assets on September 25, the fund's assets continue to shrink, further indicating that investor enthusiasm for the project is fading.

Technical Analysis and Short-term Risks: There is still a possibility of further fall

(Source: TradingView)

From a technical perspective, the fall trend of the Pi Network Token has not stopped, lacking clear catalysts, and the downside risk is considerable.

· Technical indicators point to a fall: The daily chart shows that the price of Pi Coin has fallen to an ATL. It has broken below the descending wedge pattern, and although the descending wedge is typically a bullish reversal pattern, the continued downward movement of the price has weakened its reversal potential.

· Moving averages and indicators are generally bearish: The price of Pi Coin is still below the 50-day exponential moving average. The Relative Strength Index (RSI) has entered the oversold zone, and the MACD indicator is also below the zero line.

· Short-term risk: Exchange listing or Token burn: Although the most likely scenario is a continued fall, the main risk of shorting Pi Network is that the team may announce a Token burn at any time, or a large exchange may suddenly announce a listing, which could cause the price to soar over 100% within minutes.

Conclusion

The continued sluggishness of the Pi Network Token price, along with its meager ETP assets, has exposed the project's significant flaws in practicality, Liquidity, and market trust. In the absence of strong fundamental support, technical analysis also points to the possibility of further falls. For investors, although there remains a potential risk of a short-term surge, the ongoing sluggish trading volume and lack of institutional interest mean that its long-term investment prospects still face severe challenges.

This article is news information and does not constitute any investment advice. The crypto market is highly volatile, and investors should make decisions cautiously.