Despite large buy-ins, the Pi coin continues to fluctuate around the $0.20 range... Technical analysis indicates a "downward warning"

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PI0,89%

PulseCoin remains in the $0.20 range amid the whale buying trend… downward risk persists

Despite recent weeks showing a whale buying trend, PulseCoin continues to trade sideways within the $0.20 range. As of December 27, PulseCoin’s trading price is approximately $0.204 per coin (about 273 KRW), down about 30% from the monthly high of $0.2827 set earlier this month.

Price support levels are precarious… technical analysis warns of further decline

According to technical analysis, PulseCoin currently has a major support level at $0.2072. If this support is broken, the price could fall approximately 25% to $0.1530. This is analyzed as a potential decline triggered by a double top formation.

Especially, if clear upward momentum or substantial ecosystem application cases do not emerge before the end of 2025, the price support may struggle to hold.

Whale buying trend continues but rebound impact is limited

One of the major market investors bought 5 million PulseCoins in the past week. This whale bought 314,000 coins on Friday alone, and 119,000 on Thursday on the OKX exchange. Currently, it holds about 397 million PI, worth approximately $80 million (about 107 trillion KRW).

However, despite such large-scale buying, overall market sentiment remains cautious, and a strong rebound has yet to be confirmed.

Ecosystem expansion attempts increase circulating supply

On December 25, an additional 8.7 million PI entered circulation. In a limited liquidity environment, increasing supply is becoming a price pressure factor. Currently, PulseCoin’s circulating supply is about 8.37 billion, accounting for roughly 8.37% of the total issuance of 100 billion.

The current market cap of PulseCoin is approximately $1.7097 billion (about 24 trillion KRW), with a market share of about 0.0578%. Fully diluted market cap is around $20.4 billion (about 28.7 trillion KRW).

Strengthening ecosystem functions in 2025… Coixa testnet, mainnet launch, and more

PulseCoin is focusing on breaking through price stagnation through ecosystem expansion. The “Coixa” testnet is expected to launch in 2025, introducing DeFi features based on testnet. This includes decentralized exchanges, liquidity pools based on automated market makers, fiat onramps, and plans to provide a no-code application development environment via AI-based “Pi App Studio.”

Additionally, the open mainnet launched in February 2025 now supports real trading, business functions paid via Pi Wallet, and cross-chain bridge features. Currently, protocol v23 is in trial operation on testnet 2.

Project roadmap: major feature releases and regulatory compliance in 2026

In 2026, the official release of PulseCoin DEX and AMM is scheduled, while KYC processes are being advanced in Europe to obtain MiCA approval. Several million users have already completed identity verification.

After mainnet stabilization, plans include listing on major global exchanges. The long-term goal is to build a global e-commerce and decentralized governance ecosystem incorporating gamification, NFTs, AI integration, and other Web3 elements. Particularly, growth based on high-energy-efficiency protocols is set as a mid- to long-term objective.

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