Why Pi Network Price Is Down Over 80% Since Highs & Why Remittix Could Help Pi Holders Recover

The Pi Network price has seen a steep decline over the past few months, leaving early investors and new holders questioning the future of the project. From its previous highs, Pi Network has now lost over 80% of its value, and the chart clearly shows a descending channel pattern that has dominated trading since mid-May. 

While the project faces bearish pressure, altcoins with real-world utility like Remittix are drawing attention as possible alternatives for investors seeking recovery and growth.

Pi Network Price Faces Persistent Downtrend

After reaching a recent all-time low of $0.322 on August 1, the Pi Network price has struggled to gain momentum, hovering around $0.340 at the time of writing. The descending channel pattern, formed by connecting multiple swing highs and lows, highlights the continuing downward pressure that traders are contending with.

Daily technical indicators reinforce this bearish picture: the Relative Strength Index (RSI) is at 38, below the neutral 50, suggesting sellers are firmly in control. Meanwhile, the MACD lines remain coiled with little directional clarity, indicating uncertainty in short-term market sentiment. Without a significant catalyst, Pi Network may extend its slide, testing support levels near its ATL of $0.322.

Despite the ongoing weakness, some analysts suggest that a short-term recovery could be possible. A bounce toward daily resistance at $0.400 may occur if buying pressure increases. However, the structure of the descending channel implies that any upward movement could be capped until a stronger breakout signal emerges.

Why Remittix Could Offer Relief for Pi Network Investors

As the Pi Network price struggles to regain lost ground, Remittix presents a compelling alternative for investors seeking a project with tangible real-world utility. With 624 million tokens sold, a current price of $0.0987, and over $21.7 million raised, Remittix has already demonstrated significant market traction.

Moreover, Remittix is preparing to reveal its second CEX listing at $22 million, following the successful BitMart launch. These developments position Remittix as a practical and growth-oriented crypto, appealing to those who want a combination of utility, transparency, and near-term catalysts.

Key Highlights of Remittix for Potential Pi Network Switchers:

• Strong fundraising momentum with over $21.7M raised

• 624 million tokens sold, showing investor confidence

• Real-world PayFi infrastructure bridging crypto-to-fiat transfers

• Second CEX listing at $22M, boosting liquidity and exposure

• Q3 wallet beta launch offering direct access to Remittix’s ecosystem

With these developments, investors exploring ways to recover from Pi Network’s downward trend may find Remittix an attractive alternative, blending growth potential with functional utility.

Discover the future of PayFi with Remittix by checking out their project here:

Website: https://remittix.io/ 

 Socials: https://linktr.ee/remittix

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