Pi Network (PI), once a top contender in the altcoin space, is facing mounting pressure as it continues to slide in value. Today, PI dropped another 4.42%, bringing its total March losses to over 70%. With a current trading price near $0.76, the once-bullish project is now struggling to stay afloat. The ongoing market-wide bearish trend, coupled with internal tokenomics challenges, weighing heavily on investor sentiment.
Meanwhile, Coldware (COLD)—a rising presale token—is gaining traction as an alternative investment. With just three days left before its price increases to $0.00625, Coldware’s momentum has pulled early-stage investors away from PI. Coldware (COLD) offers a compelling mix of security, RWA integrations, and decentralized infrastructure, appealing to those seeking refuge from high-risk plays like PI.
Token Unlock Events, Liquidity Challenges, and the Rise of Coldware
One of the primary reasons behind Pi Network’s downturn is its aggressive token unlock schedule. Over the next year, more than 1.6 billion PI tokens—worth roughly $1.4 billion—are expected to enter circulation. This increase in supply poses significant dilution risk for existing holders and has led to consistent downward pressure on price. Despite today’s unlock being under 1 million tokens, the broader concern remains about long-term supply inflation.
Adding to PI’s woes is its ongoing liquidity issue. Major exchanges like Binance, Coinbase, and Kraken have yet to list the token, significantly restricting access and limiting trading volume. This lack of availability hampers Pi Network’s ability to attract new investors, stalling its progress during a time when the crypto market is ripe for innovation.
Meanwhile, Coldware (COLD) continues to benefit from early investor trust and strategic presale structuring. With a capped supply and burn model, COLD avoids the token inflation issue that currently plagues PI. Coldware (COLD)’s consistent growth and low barrier to entry during presale have made it an attractive hedge for investors leaving tokens with uncertain supply metrics.
Technical Indicators Show Possible Reversal — But Coldware Gains Ground
Amid the bearish outlook, some technical analysts see signs of a potential rebound for PI. A falling broadening wedge pattern has emerged on PI’s price chart—typically a bullish reversal signal. The Relative Strength Index (RSI) also suggests that PI is in oversold territory, signaling the possibility of a short-term bounce.
If the price can hold the $0.76 support and breach the $1.30 resistance level, a rally toward $1.19 or even $1.7980 could follow. Still, this outcome depends on positive developments from Pi Network’s development team and ecosystem expansion.
In contrast, Coldware’s momentum doesn’t rely on reversal patterns or speculative breakouts. The project is gaining traction through its unique focus on Web3 hardware infrastructure, a growing sector currently underserved by older Layer 1 protocols. As Pi Network struggles with liquidity and technical stagnation, Coldware (COLD) is positioning itself as a future-ready solution, drawing in investors who are seeking real-world utility and long-term scalability.
Mainnet Migration and Coldware’s Rising Appeal
In late March, Pi resumed its paused mainnet migration, shifting from a phone-based verification system to a more secure email-based method. This move has been met with cautious optimism, as it demonstrates the team’s intent to address previous inefficiencies and enhance scalability.
Will Pi Network Rebound in April?
Despite a tough March, analysts remain divided on Pi Network’s future. Some predict a rebound if the team successfully manages its token unlocks and expands exchange support. Others argue that unless Pi demonstrates real utility and decentralization, it could continue to bleed market value.
In contrast, Coldware (COLD)’s strategic roadmap and hardware integration model have given it an edge in current market conditions. While PI fights to hold key support levels, Coldware (COLD) is building forward momentum that many believe could lead to exponential growth.
As April approaches, all eyes remain on how both projects evolve—PI from a recovery standpoint, and COLD from a momentum one. For now, Coldware’s presale buzz and tangible progress make it the breakout star of early 2025.
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