Pi Network Coin Rugged Its Own Hype After ‘Big’ Reveal Sparks Selloff

By: coinchapter|2025/05/16 19:00:12
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Pi Network coin price is back below the $1 price mark, after a brief sojourn above the level. PI coin price is currently trading near $0.87, days after the token rallied to a multi-week high near $1.7 on May 12. The reversal came as Bitcoin (BTC) price neared the $104,000 mark on May 16, but failed to hold the price mark. Ethereum price showed signs of life as bulls pushed it above the $2,600 threshold, though its ability to hold those levels remains uncertain. Meanwhile, PI coin price’s recent crash came on the back of a much-hyped announcement that did not deliver on any of the speculations surrounding it. While speculation continues to swirl around the network’s future plans, PI coin has failed to benefit from the broader market’s modest recovery. Memecoins and high-beta assets led much of the short-term bounce, while tokens like PI remain largely sidelined. On the macro front, easing U.S. inflation figures have reignited risk appetite across asset classes, with the 10-year Treasury yield slipping below 4.3% and equity markets posting weekly gains. However, Federal Reserve officials, including Chair Jerome Powell, have reaffirmed their cautious stance, signaling that rate cuts remain off the table for now. Meanwhile, global growth projections have weakened, with rising geopolitical risks and persistent trade imbalances tempering optimism. Against this backdrop, traders would likely scrutinize Pi Network’s recent moves closely as market participants look for real signs of traction, not just speculation. Resistance Mounts After Sharp Post-Event Rejection Pi Network’s PI coin price lost key momentum after a sharp rejection on May 14, the day of its highly anticipated announcement. The move left users disappointed, triggering a nearly 37% intraday wick that stalled the recent bullish breakout. PI coin price failed to hold above the 0.618 Fibonacci retracement level, which sits near $0.98. That level now acts as the immediate resistance. Flipping the immediate resistance would target the next barrier near $1.14, near the 0.786 Fib level. Support is visible at the 0.382 Fib level near $0.76. Losing this level could accelerate downside pressure. A stronger floor for the token lies at $0.62, aligning with the 0.236 retracement and April consolidation zone. The daily RSI reads around 54, signaling neutral momentum. However, volume has dropped significantly since the May 14 candle, suggesting fading interest. Bulls failed to defend post-event levels, and sellers regained control quickly. Unless PI reclaims the $0.98–$1.13 resistance band, the structure favors a deeper retracement. The market appears to be pricing in doubt rather than optimism, with the failed breakout creating a local top for now. Short-term recovery remains unlikely without a strong volume spike or external catalyst. Inside the Pi Ventures Announcement and the Community’s Harsh Reaction On May 14, 2025, Pi Network revealed a $100 million ecosystem initiative named Pi Ventures. The fund aims to support startups building real-world applications using Pi Coin. It targets sectors like AI, fintech, gaming, and blockchain to accelerate utility. The initiative draws resources from both USD and Pi tokens, sourced from 10% of the Pi Foundation’s reserves. The Foundation governs Pi’s long-term growth and manages its 100 billion token supply. Pi Ventures complements Pi’s recent Open Network rollout, which enables external developers to integrate Pi across apps and real-world services. The team plans to launch the first funding round in Q3 2025. It will prioritize startups focused on transactional use cases and frictionless user experiences. The Core Team framed the initiative as part of a shift from mining to sustainable utility. They emphasized long-term ecosystem health over speculative gains, reflecting Pi’s self-described “ownerless” structure. However, the community’s reaction was overwhelmingly negative. Many users saw the announcement as a deflection from years of delay. A Pi Coin fan called the update a “letdown,” citing unmet expectations of an exchange listing. Another Pioneer accused the Core Team of ignoring user loyalty and sentiment. A trader described the move as a “ betrayal ” of the 70 million-strong community. The resulting disappointment became a cue for a ‘sell the news’ rally, forcing the Pi Network token plunge. Some users blamed the countdown hype for fueling the price crash. Others questioned the need for a standalone event for this update. Despite frustration, a few users expressed cautious optimism. One supporter viewed the fund as a step toward real adoption. Another planned to accumulate PI at lower prices, betting on long-term outcomes. Still, trust remains fragile as delays and vague communication continue to erode user patience. Whatever the public reaction, the core team essentially rugged its project when it tried to build so much hype for such a measly announcement.

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DDC Enterprise Limited Announces 2025 Unaudited Preliminary Financial Performance: Record Revenue Achieved, Bitcoin Treasury Grows to 2183 Coins

On March 4, 2026, DDC Enterprise Limited (NYSE American: DDC) today announced preliminary, unaudited full-year financial performance for the year ended December 31, 2025. The company expects to achieve record revenue and record positive adjusted EBITDA, primarily driven by continued growth in its core consumer food business and overall margin improvement. The final audited financial report is expected to be released in mid-April 2026.


2025 Full-Year Financial Highlights


Revenue: Expected to be between $39 million and $41 million, reaching a new company high.


Organic Growth: Excluding the impact of the company's strategic contraction of its U.S. operations, core revenue is expected to grow 11% to 17% year over year.


Gross Profit Margin: Expected to be between 28% and 30%, reflecting continued operational efficiency improvements.


Adjusted EBITDA: The company expects to achieve a positive full-year result in 2025, a significant improvement from a $3.5 million loss in 2024, mainly due to rigorous cost controls and a higher-margin sales mix.


Core Consumer Food Business Performance


In 2025, DDC's core consumer food business maintained strong operational performance.


The company also disclosed Core Consumer Food Business Adjusted EBITDA, a metric that further excludes costs related to its Bitcoin reserve strategy and non-cash fair value adjustments related to its Bitcoin holdings from adjusted EBITDA to more accurately reflect the core business performance.


In 2025, Core Consumer Food Business Adjusted EBITDA is expected to be between $5.5 million and $6 million.


Bitcoin Reserve Update


In the first half of 2025, DDC initiated a long-term Bitcoin accumulation strategy, holding Bitcoin as its primary reserve asset.


As of December 31, 2025: The company holds 1,183 BTC.


As of February 28, 2026: Holdings increased to 2,118 BTC


Today's additional purchase of 65 BTC brings the company's total holdings to 2,183 BTC


DDC Founder, Chairman, and CEO Norma Chu stated, "We are proud to have closed 2025 with record revenue and positive adjusted EBITDA, demonstrating the steady growth of the company's consumer food business and the ongoing improvement in profitability. We are building a disciplined, growth-oriented food platform and strategically allocating capital to Bitcoin assets with a long-term view, aligning with our core beliefs. We believe that this dual-track model of 'Steady Consumer Business + Strategic Bitcoin Reserve' will help DDC create lasting long-term value for shareholders."


Adjusted EBITDA Definition
For the full year 2025, the company defines "Adjusted EBITDA" (a non-GAAP financial measure) as: Net income / (loss) excluding the following items:· Interest expense· Taxes· Foreign exchange gains/losses· Long-lived asset impairment· Depreciation and amortization· Non-cash fair value changes related to financial instruments (including Bitcoin holdings)· Stock-based compensation


About DDC Enterprise Limited


DDC Enterprise Limited (NYSE: DDC) is actively implementing its corporate Bitcoin Treasury strategy while continuing to strengthen its position as a leading global Asian food platform.


The company has established Bitcoin as a core reserve asset and is executing a prudent, long-oriented accumulation strategy. While expanding its portfolio of food brands, DDC is gradually becoming one of the public company pioneers in integrating Bitcoin into its corporate financial architecture.


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