OKX has seen a significant net outflow of 2.15 million PI tokens in the past 24 hours, according to PiScan data. This substantial outflow from OKX alone exceeds the combined net inflows from all other exchanges, leading to a total net outflow of 36,580 PI tokens from all Centralized Exchanges (CEXs).
The Pi Foundation 2 wallet saw a net outflow of 5.81 million Pi Tokens, a figure that exceeds the total net outflow from all centralized exchange (CEX) wallet balances combined. Investors should exercise caution to avoid providing exit liquidity for these significant outflows from the Pi Foundation team.
Web3 Goes Mobile: The Shift That Changed Everything
As the crypto market enters a more mature, utility-driven phase, projects focused on real-world usability and accessibility are gaining traction. Web3’s expansion beyond desktop-based DeFi apps has opened up opportunities for mobile-native blockchain platforms. With over half of the world’s internet traffic now coming from mobile devices, the demand for on-the-go blockchain tools is higher than ever.
In this environment, Pi Coin is getting renewed attention. Born as a mobile-first crypto project, Pi's core vision aligns with the new wave of adoption: accessibility, low entry barriers, and mass community participation.
Pi Network is down about 2% as of Friday's press time. It's currently trading between the psychological support level of $0.5000 and its June 22 low of $0.4711. If it closes the day below $0.4711, we could see its price drop further towards $0.4000, a level last seen on June 13.
Pi Network is down about 2% as of Friday's press time. It's currently trading between the psychological support level of $0.5000 and its June 22 low of $0.4711. If it closes the day below $0.4711, we could see its price drop further towards $0.4000, a level last seen on June 13.
Pi Network started in 2019 as an invite-only mining app, allowing users to earn tokens by simply tapping a button daily. Over time, it grew into one of the most widely downloaded crypto apps, amassing more than 50 million users across the globe.
Unlike traditional blockchains, Pi emphasized social mining and ease of access—traits that attracted users from non-crypto backgrounds. This grassroots model helped Pi develop a massive network effect, making it one of the most anticipated projects despite not being fully launched.
Pi Network's greatest challenge might be the allure of highly speculative crypto presales, which offer rapid, albeit risky, gains. Projects like FloppyPepe (FPPE), a meme coin that uniquely blends internet culture with AI innovation, exemplify this emerging threat. Such presales draw investor attention and capital away from more established, albeit slower-moving, projects by promising explosive returns and novel technological integrations.
Pi’s total supply is capped at 100 billion, with mining rewards halving over time. While this seems high, its distribution model favors community spread over concentration. The ecosystem plans include:
In-app marketplace for goods/services
Smart contract support
App development SDKs for third parties
Pi’s long-term goal is to become a peer-to-peer mobile payment network and app layer similar to Solana Pay or WeChat’s fintech suite. If the developer onboarding and app ecosystem materialize, Pi may shift from speculative hype to practical blockchain utility.
The Pi community remains active, with strong presence on Telegram, X, and regional groups. However, enthusiasm is mixed with impatience. Some early users have lost faith after years of waiting, while others believe the long runway has built stronger infrastructure and compliance measures.
Google Trends data shows renewed search interest in Pi Coin as 2025 progresses, especially in Southeast Asia, India, and Nigeria—regions with strong mobile-first user bases. Whether this converts to actual market demand remains to be seen.
Newer projects like FloppyPepe (FPPE) offer a compelling alternative to Pi Coin’s long development cycle. While Pi continues to build toward its mainnet launch, FloppyPepe is already gaining momentum—raising over $2.7 million in presale and deploying real tools like FloppyAI, Meme-o-matic, and FloppyX that empower creators and meme traders alike.
Where Pi emphasizes mass distribution and a gradual rollout, FloppyPepe embodies speed, innovation, and direct community utility. For users and investors seeking exposure to meme-driven narratives with built-in utility and faster execution, FPPE is emerging as a natural successor in the mobile-first, community-powered crypto space. Also, FloppyPepe underwent a comprehensive SolidProof audit.
Pi Coin’s journey is one of promise, patience, and massive user engagement. Its vision of a mobile-first Web3 ecosystem aligns with where blockchain adoption is headed. Yet its success hinges on timely execution, transparent rollout, and real utility.
If the open mainnet launches as planned and developer support materializes, Pi could evolve into a mobile DeFi gateway for millions. But until then, cautious optimism is warranted—especially as nimble utility presales like FloppyPepe (FPPE) race ahead in a fast-moving market.
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