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Impinj

124.25

+3.452.86%

Post-market: 124.600.3500+0.28%18:00 EDT

Volume:526.49K

Turnover:64.70M

Market Cap:3.60B

PE:-1.61K

High:124.49

Open:121.05

Low:119.05

Close:120.80

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Overview Company News Filings

This Week in Crypto: US States’ $632 Million MSTR Stake, 86 Million Pi Withdrawals, Bitcoin New High and More

Impinj COO Hussein Mecklai Resigns

MT Newswires Live

Impinj COO Resignation Amid Stable Earnings Outlook

BRIEF-Impinj - No Change To Impinj's Guidance From April 23, 2025 Earnings Release - SEC Filing

Impinj Inc. Announces Resignation of Chief Operating Officer Hussein Mecklai

Why Pi Network’s Heavy Dependence on Vietnam’s Nodes is a Growing Issue

Pi Network eyes recovery as bulls defend $0.74 support — will price reclaim $1 amid key obstacles? 4 seconds ago

Pi Network (PI) Jumps 11% on Supply Shock, but Faces Key Test Ahead

5 Made in USA Coins to Watch for the Last Week of May

86 Million PI Tokens Pulled from OKX, Triggering 11% Price Surge

Jefferies Adjusts PI Industries' Price Target to INR4,200 From INR4,460, Keeps at Buy

MT Newswires Live

Pi Network hints at trend reversal after pullback, but major obstacles could keep price below $1 5 seconds ago

Pi Network collapses 54% in a week — yet analysts predict 250% upside 6 seconds ago

PI Plummets 50% in a Week – Why Traders Should Brace for More Downside

Pi Network price crashes amid insider sales, rug pull claims 5 minutes ago

Top 5 Biggest Setbacks Pi Network Faced After Mainnet Launch

Pi Network Sheds 44% in Four Days – Is PI Price Fading Out?

Pi Network breaches support even as rebound catalysts emerge 6 seconds ago

Unstaked Enters the Top Crypto Race With $0.008997 Entry, 27x Potential, and a $1M Giveaway! Is It Beating Solana and Pi?

Max Hamaha wins WhiteBIT International Crypto Trading Cup

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US states’ investment trends and regulatory developments dominated the spotlight, while Pi Network’s price surge also drew attention.The following is a roundup of some of the most important developments in the crypto market this week.One of the most notable developments this week in crypto was the revelation of US states’ $632 million holdings in Strategy’s MSTR stock. BeInCrypto reported that in Q1 2025, the holdings increased by an average of 42%.","market":"nz","thumbnail":"https://beincrypto.com/wp-content/uploads/2023/02/bic_roundup_weekly_news_1-850x478.png","type":0,"news_type":0,"thumbnails":["https://beincrypto.com/wp-content/uploads/2023/02/bic_roundup_weekly_news_1-850x478.png"],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://beincrypto.com/week-in-crypto-mstr-bitcoin-pi-texas/","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"beincrypto_highlight","symbols":["MSTR","SGXZ23171101.USD","LU0170899867.USD","LU0266013472.USD","LU1057294990.SGD","LU1691799644.USD","BK4585","LU2089984988.USD","APT.USD.CC","LU2468319806.SGD","STRK","TON.USD.HKCC","SG9999002224.SGD","BK4601","LU2237957902.USD","LU1721429402.USD","BK4581","BK4533","LU1989763690.USD","LU2237957811.SGD","TON.USD.CC","LU1061106388.HKD","BK4588","LU0122379950.USD","BK4023","LU1721429741.USD","BK4594","LU0868494617.USD","ABT","BTC","LU2112291526.USD","IE00BJT1NW94.SGD","BK4566","BK4082","IE00BJJMRZ35.SGD","LU0234572021.USD","BTC.USD.HKCC","BK4592","SG9999002232.USD","IE00B2B36J28.USD","APT.USD.HKCC","BK4141","SG9999004303.SGD","BK4516","BK4504","BK4596","LU1878469433.USD","PI"],"gpt_icon":1},{"id":"2537942417","title":"Impinj COO Hussein Mecklai Resigns","url":"https://stock-news.laohu8.com/highlight/detail?id=2537942417","media":"MT Newswires Live","labels":["executive"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2537942417?lang=en_us&edition=fundamental","pubTime":"2025-05-22 22:06","pubTimestamp":1747922792,"startTime":"0","endTime":"0","summary":"Impinj  said in a filing Thursday that Hussein Mecklai has resigned as chief operating officer of the company, effective May 20.The company also said that there is no change to its guidance included in its earnings release previously disclosed on a Form 8-K filed on April 23.Price: 117.36, Change: -0.16, Percent Change: -0.14","market":"sg","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.mtnewswires.com/","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"-1","news_top_title":null,"news_tag":"executive","news_rank":0,"length":0,"strategy_id":0,"source":"mtnewswires_news","symbols":["BK4198","GB00BDT5M118.USD","PI","LU1992135399.USD","LU2272731782.SGD","BK4141","COO","BK4588","LU1992135472.HKD","LU2211815571.USD","LU2272731600.USD","LU1878469433.USD","BK4585"],"gpt_icon":0},{"id":"2537412969","title":"Impinj COO Resignation Amid Stable Earnings Outlook","url":"https://stock-news.laohu8.com/highlight/detail?id=2537412969","media":"TIPRANKS","labels":["executive"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2537412969?lang=en_us&edition=fundamental","pubTime":"2025-05-22 21:20","pubTimestamp":1747920003,"startTime":"0","endTime":"0","summary":"IMPINJ ( ($PI) ) has provided an update. On May 22, 2025, Impinj, Inc. announced the resignation of its Chief Operating Officer, Hussein Mecklai, e...","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":{"source":"tipranks_highlight","url":"https://www.tipranks.com/news/company-announcements/impinj-coo-resignation-amid-stable-earnings-outlook?utm_source=itigerup.com&utm_medium=referral","rn_cache_url":null,"directOrigin":true},"property":["earning"],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.tipranks.com/news/company-announcements/impinj-coo-resignation-amid-stable-earnings-outlook?utm_source=itigerup.com&utm_medium=referral","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"-1","news_top_title":null,"news_tag":"executive","news_rank":0,"length":0,"strategy_id":0,"source":"tipranks_highlight","symbols":["COO","PI"],"gpt_icon":0},{"id":"2537941341","title":"BRIEF-Impinj - No Change To Impinj's Guidance From April 23, 2025 Earnings Release - SEC Filing","url":"https://stock-news.laohu8.com/highlight/detail?id=2537941341","media":"Reuters","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2537941341?lang=en_us&edition=fundamental","pubTime":"2025-05-22 21:08","pubTimestamp":1747919308,"startTime":"0","endTime":"0","summary":"BRIEF-Impinj - No Change To Impinj's Guidance From April 23, 2025 Earnings Release - SEC FilingMay 22  - Impinj Inc PI.O:IMPINJ INC - NO CHANGE TO IMPINJ'S GUIDANCE FROM APRIL 23, 2025 EARNINGS RELEASE - SEC FILINGSource text: [ID:n0001193125-25-124600]Further company coverage: PI.O ","market":"nz","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":["earning"],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250522:nFWN3RU0Q9:1","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["PI"],"gpt_icon":0},{"id":"2537949960","title":"Impinj Inc. Announces Resignation of Chief Operating Officer Hussein Mecklai","url":"https://stock-news.laohu8.com/highlight/detail?id=2537949960","media":"Reuters","labels":["executive"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2537949960?lang=en_us&edition=fundamental","pubTime":"2025-05-22 20:50","pubTimestamp":1747918245,"startTime":"0","endTime":"0","summary":"Impinj Inc. has announced that Hussein Mecklai has resigned from his role as Chief Operating Officer, effective May 20, 2025.Disclaimer: This news brief was created by Public Technologies  using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Impinj Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission , on May 22, 2025, and is solely responsible for the information contained therein.","market":"nz","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":["rate"],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250522:nNDL20bdxp:1","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"-1","news_top_title":null,"news_tag":"executive","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["PI"],"gpt_icon":0},{"id":"2537459829","title":"Why Pi Network’s Heavy Dependence on Vietnam’s Nodes is a Growing Issue","url":"https://stock-news.laohu8.com/highlight/detail?id=2537459829","media":"BE[IN]CRYPTO","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2537459829?lang=en_us&edition=fundamental","pubTime":"2025-05-22 18:32","pubTimestamp":1747909959,"startTime":"0","endTime":"0","summary":"Nearly half of Pi Network's nodes are concentrated in Vietnam, raising concerns about the project's decentralization and stability.Vietnam's tightening cryptocurrency regulations, including fines and criminal penalties, threaten Pi Network's operations and growth.Pi Network's centralization issue worsens as the core team controls over 60% of Pi Coin's total supply, undermining decentralization efforts.Pi Network is facing a growing challenge as nearly half of its total nodes are concentrated in Vietnam. This high concentration and the country’s tightening crypto regulations have raised concerns about the project’s decentralization and stability in the long run.Moreover, the core team’s control over most of the Pi Coin  supply further adds to these worries.Is Pi Network’s Future at Risk?According to data from Piscan, Vietnam is home to 154 of the network’s 319 nodes worldwide, accounting for 48.2% of the total. At press time, 33 of the 76 connected nodes were located there, further high","market":"nz","thumbnail":"https://beincrypto.com/wp-content/uploads/2024/05/bic_Vietnam_Regulations_2-covers_bearish-850x478.jpg.optimal.jpg","type":0,"news_type":0,"thumbnails":["https://beincrypto.com/wp-content/uploads/2024/05/bic_Vietnam_Regulations_2-covers_bearish-850x478.jpg.optimal.jpg"],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://beincrypto.com/pi-network-vietnam-challenges-decentralization/","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"beincrypto_highlight","symbols":["BK4141","LU1878469433.USD","PI"],"gpt_icon":0},{"id":"2537998952","title":"Pi Network eyes recovery as bulls defend $0.74 support — will price reclaim $1 amid key obstacles?                \n\n4 seconds ago","url":"https://stock-news.laohu8.com/highlight/detail?id=2537998952","media":"cryptonews","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2537998952?lang=en_us&edition=fundamental","pubTime":"2025-05-22 12:34","pubTimestamp":1747888486,"startTime":"0","endTime":"0","summary":"Pi Network is showing signs of recovery after a turbulent May, but project-specific challenges may delay recovery past $1.At the time of writing, Pi Coin  trades at $0.84, up 8% in the last day and 30% over the past month. Daily trading volume surged more than 150% to $548 million, indicating renewed market interest following a nearly 50% plunge from May 12 to May 17, when it hit a low of $0.69.PI still sits 77% below its all-time high of $2.99 set in February. Although the recent price recovery shows that bulls are trying to regain control, the road back to $1 is still challenging, especially given some project-specific obstacles,The technical outlook is mixed but cautiously optimistic. The relative strength index is in the neutral range at 54, meaning that there is neither an overbought nor an oversold condition. Momentum indicators like the moving average convergence divergence exhibit some weakness, displaying sell signals.4 catalysts that could revive Pi Network after $13b market ","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://crypto.news/pi-network-eyes-recovery-as-bulls-defend-0-74-support-will-price-reclaim-1-amid-key-obstacles/","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"crypto_news_highlight","symbols":["BK4141","LU1878469433.USD","PI"],"gpt_icon":0},{"id":"2537968693","title":"Pi Network (PI) Jumps 11% on Supply Shock, but Faces Key Test Ahead","url":"https://stock-news.laohu8.com/highlight/detail?id=2537968693","media":"BE[IN]CRYPTO","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2537968693?lang=en_us&edition=fundamental","pubTime":"2025-05-22 06:26","pubTimestamp":1747866369,"startTime":"0","endTime":"0","summary":"PI surged 11% after 86 million tokens were withdrawn from OKX, fueling speculation of a coordinated supply squeeze.CMF dipped to -0.03, showing weak buying pressure and hinting at market indecision despite recent gains.Pi Network  is back in the spotlight after an 11% price surge triggered by the withdrawal of over 86 million tokens from OKX, sparking speculation of a coordinated supply squeeze. The move has intensified bullish sentiment, especially as technical indicators begin to align with the price action.Momentum indicators like the DMI and EMA suggest growing strength, and a potential golden cross formation hints at the possibility of a continued breakout. However, not all signals are fully confirmed—volume-based metrics like the CMF show lingering indecision, making the next few days critical for confirming PI’s direction.Pi Network  surged 11% after more than 86 million tokens were withdrawn from the OKX exchange, drastically reducing the platform’s PI reserves to just 21 milli","market":"nz","thumbnail":"https://beincrypto.com/wp-content/uploads/2025/03/bic_Pi_network_3-covers_neutral-850x478.jpg.optimal.jpg","type":0,"news_type":0,"thumbnails":["https://beincrypto.com/wp-content/uploads/2025/03/bic_Pi_network_3-covers_neutral-850x478.jpg.optimal.jpg"],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://beincrypto.com/pi-jumps-supply-shock-uptrend-test/","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"beincrypto_highlight","symbols":["CMF","LU1878469433.USD","BK4141","PI"],"gpt_icon":0},{"id":"2537795293","title":"5 Made in USA Coins to Watch for the Last Week of May","url":"https://stock-news.laohu8.com/highlight/detail?id=2537795293","media":"BE[IN]CRYPTO","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2537795293?lang=en_us&edition=fundamental","pubTime":"2025-05-22 05:00","pubTimestamp":1747861200,"startTime":"0","endTime":"0","summary":"Solana sees major institutional inflows despite ETF delays, and Pi Network rebounds above $0.80 amid ecosystem uncertainty.UNI battles a lawsuit from Bancor, and Worldcoin eyes U.S. expansion while navigating global regulatory scrutiny.Made in USA Coins are gaining traction heading into the final week of May, with AVA, Solana , Pi Network , Uniswap , and Worldcoin  all drawing attention. AVA surged nearly 10% amid renewed AI interest, while SOL saw rising institutional accumulation despite ETF delays.PI rebounded above $0.80 as momentum builds despite lingering ecosystem concerns. Meanwhile, UNI faces legal pressure from Bancor, and WLD remains in the spotlight following regulatory challenges and a U.S. expansion push.Over 65% of SOL’s supply is now staked. Q1 app revenue reached $1.2 billion, the highest in the past year, showing strong ecosystem growth.Pi Network has faced several major setbacks since its mainnet launch in February 2025, quickly becoming one of the most hyped Made in","market":"nz","thumbnail":"https://beincrypto.com/wp-content/uploads/2025/02/bic_donald_trump_meme_coins-covers_coins_bullish-850x478.png","type":0,"news_type":0,"thumbnails":["https://beincrypto.com/wp-content/uploads/2025/02/bic_donald_trump_meme_coins-covers_coins_bullish-850x478.png"],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://beincrypto.com/made-in-usa-coins-watch-last-week-may/","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"beincrypto_highlight","symbols":["SOL","BK4129","BK4519","UNI.USD.CC","LU1878469433.USD","BK4141","UNI.USD.HKCC","SOL.USD.HKCC","AVAX.USD.HKCC","PI"],"gpt_icon":0},{"id":"2537938439","title":"86 Million PI Tokens Pulled from OKX, Triggering 11% Price Surge","url":"https://stock-news.laohu8.com/highlight/detail?id=2537938439","media":"BE[IN]CRYPTO","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2537938439?lang=en_us&edition=fundamental","pubTime":"2025-05-21 19:29","pubTimestamp":1747826970,"startTime":"0","endTime":"0","summary":"Pi Network's price surged 11% after over 86 million PI tokens were withdrawn from OKX, sparking speculation of a supply shock.The withdrawal reduced OKX’s PI balance to just 21 million, fueling bullish sentiment and the idea that large holders may have insider information.Despite the surge, concerns linger about Pi Network's long-term fundamentals, including its mainnet launch, use-case development, and exchange listings.Pi Network  price surged over 10% in the past 24 hours after 86 million PI tokens were withdrawn from crypto exchange OKX.According to Pi Next Gen, a prominent community account on X, over 86 million PI tokens were “drained” from the OKX exchange within hours. This move reduced the exchange’s PI balance to just 21 million.Pi Network is among the trending coins on CoinGecko. Source: CoinGecko. On the one hand, tens of millions of users have mined PI over the past several years. This means Pi Network has one of the largest mobile mining communities in crypto. Despite thi","market":"nz","thumbnail":"https://beincrypto.com/wp-content/uploads/2025/03/bic_Pi_network_4-covers_neutral-850x478.jpg.optimal.jpg","type":0,"news_type":0,"thumbnails":["https://beincrypto.com/wp-content/uploads/2025/03/bic_Pi_network_4-covers_neutral-850x478.jpg.optimal.jpg"],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://beincrypto.com/pi-network-jumps-86-million-tokens-okx/","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"beincrypto_highlight","symbols":["PI","LU1878469433.USD","BK4141"],"gpt_icon":0},{"id":"2537061046","title":"Jefferies Adjusts PI Industries' Price Target to INR4,200 From INR4,460, Keeps at Buy","url":"https://stock-news.laohu8.com/highlight/detail?id=2537061046","media":"MT Newswires Live","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2537061046?lang=en_us&edition=fundamental","pubTime":"2025-05-21 15:23","pubTimestamp":1747812220,"startTime":"0","endTime":"0","summary":"PI Industries (NSE:PIIND, BOM:523642) has an average rating of overweight and mean price target of 3,849 Indian rupees, according to analysts polled by FactSet.(MT Newswires covers equity, commodity a","market":"hk","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":["rate","earning"],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.mtnewswires.com/","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"mtnewswires_news","symbols":["PI"],"gpt_icon":0},{"id":"2537608864","title":"Pi Network hints at trend reversal after pullback, but major obstacles could keep price below $1                \n\n5 seconds ago","url":"https://stock-news.laohu8.com/highlight/detail?id=2537608864","media":"cryptonews","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2537608864?lang=en_us&edition=fundamental","pubTime":"2025-05-21 13:59","pubTimestamp":1747807188,"startTime":"0","endTime":"0","summary":"Pi Network is showing early signs of a possible trend reversal after its recent price drop, but some ongoing obstacles may stall momentum.At the time of writing, PI Coin  is trading at $0.7796, up 6% over the last 24 hours. Still, it remains down 38% over the past week and more than 70% below its all-time high of $2.99, which was recorded in February. Trading volume also has risen slightly, with over $221 million in the past day, a 0.8% increase that suggests renewed market interest.Looking at the daily chart, technical indicators show mixed signals. The relative strength index is near 51, which points to a neutral trend. Meanwhile, momentum and moving average convergence divergence indicators show the persistence of some selling pressure.Although PI is showing early signs of recovery, it still faces significant challenges that could restrict any sustained price growth. Many users have been unable to access their coins since the mainnet’s February launch because of persistent Know Your","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://crypto.news/pi-network-hints-at-trend-reversal-after-pullback-but-major-obstacles-could-keep-price-below-1/","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"crypto_news_highlight","symbols":["PI","LU1878469433.USD","BK4141"],"gpt_icon":0},{"id":"2536863291","title":"Pi Network collapses 54% in a week — yet analysts predict 250% upside                \n\n6 seconds ago","url":"https://stock-news.laohu8.com/highlight/detail?id=2536863291","media":"cryptonews","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2536863291?lang=en_us&edition=fundamental","pubTime":"2025-05-20 03:18","pubTimestamp":1747682335,"startTime":"0","endTime":"0","summary":"Despite a 54% drop, Pi Network price prediction remains surprisingly bullish. Can PI defy market doubt and rebound?Table of ContentsPi Network price takes a hitWhat really happened with Pi Network?Allegations, confusion, and a trust gapPi Network price prediction. Pi Network  has recorded a 54% decline in the past week, marking the steepest weekly drop among the top 100 crypto assets.The decline followed a short-lived rally that saw Pi coin surge from $0.78 on May 11 to a peak of $1.61 on May 12, a 106% increase within 24 hours.However, the momentum quickly faded.Following the May 14–15 reveal of a $100 million ecosystem fund, sentiment shifted. The announcement, though sizable on paper, was widely interpreted as yet another delay in actual network access rather than a clear turning point.As a result, the price fell to $0.68 by May 18, representing a nearly 58% drop from the May 12 peak. As of this writing on May 19, PI is trading around $0.71, reflecting a modest 4.4% recovery from th","market":"hk","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://crypto.news/pi-network-price-prediction-potential-3x-rally/","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"crypto_news_highlight","symbols":["BK4141","LU1878469433.USD","PI"],"gpt_icon":0},{"id":"2536637381","title":"PI Plummets 50% in a Week – Why Traders Should Brace for More Downside","url":"https://stock-news.laohu8.com/highlight/detail?id=2536637381","media":"BE[IN]CRYPTO","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2536637381?lang=en_us&edition=fundamental","pubTime":"2025-05-20 02:00","pubTimestamp":1747677600,"startTime":"0","endTime":"0","summary":"PI’s value dropped 56% in a week, hitting $0.73 from $1.67, signaling growing bearish momentum among traders.Negative BBTrend and Elder-Ray Index indicate sustained selling pressure and dominance of bearish forces.Trading below the 20-day EMA shows weak short-term momentum; a fall to $0.55 or rebound to $1.01 depends on buying pressure.PI has shed half its value over the past seven days, signaling deepening bearish sentiment among its holders. At the time of writing, the altcoin trades at $0.72, marking a steep decline from last week’s price high of $1.67.Technical indicators suggest that the downtrend may not be over as selling pressure remains significant.PI’s BBTrend remains in the red on the daily chart, confirming that bearish forces are firmly in control. Observed on a one-day chart, the indicator is currently at -19.36.PI’s negative BBTrend suggests that its price consistently closes near the lower Bollinger Band, reflecting sustained selling pressure and hinting at the potentia","market":"nz","thumbnail":"https://beincrypto.com/wp-content/uploads/2025/03/bic_Pi_network_3-covers_neutral-850x478.jpg.optimal.jpg","type":0,"news_type":0,"thumbnails":["https://beincrypto.com/wp-content/uploads/2025/03/bic_Pi_network_3-covers_neutral-850x478.jpg.optimal.jpg"],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://beincrypto.com/pi-token-plummets-50-in-a-week/","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"-2","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"beincrypto_highlight","symbols":["LU1878469433.USD","PI","BK4141"],"gpt_icon":0},{"id":"2536631933","title":"Pi Network price crashes amid insider sales, rug pull claims                \n\n5 minutes ago","url":"https://stock-news.laohu8.com/highlight/detail?id=2536631933","media":"cryptonews","labels":["shareholding"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2536631933?lang=en_us&edition=fundamental","pubTime":"2025-05-20 01:15","pubTimestamp":1747674933,"startTime":"0","endTime":"0","summary":"Pi Network price continued its downward trend on Monday following last week’s ecosystem news event.Pi Coin  token plunged to a low of $0.7165, down by 57% from its highest level this month. It is also hovering near its lowest level since May 9. It has erased over $4.21 billion in value in the last few days as the market cap fell from $9.35 billion to the current $5.14 billion.Pi Network price has crashed as concerns about the coin rose. First, there are concerns that insiders have been selling tokens in their wallets. In an X post, Dr. Altcoin, a popular pundit on X, estimated that the team had dumped about 700 million coins in the past few months.Pi Network price also crashed as the Core Team was accused of running a rug pull scam earlier this month. Some analysts noted that the team sent an X post hinting at a major announcement during the Consensus event. That post triggered a short squeeze, which pushed the token up by over 200%. Some analysts noted that Pi Foundation used the rall","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://crypto.news/pi-network-price-crashes-amid-insider-sales-rug-pull-claims/","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"-2","news_top_title":null,"news_tag":"shareholding","news_rank":0,"length":0,"strategy_id":0,"source":"crypto_news_highlight","symbols":["LU1878469433.USD","PI","BK4141"],"gpt_icon":0},{"id":"2536686557","title":"Top 5 Biggest Setbacks Pi Network Faced After Mainnet Launch","url":"https://stock-news.laohu8.com/highlight/detail?id=2536686557","media":"BE[IN]CRYPTO","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2536686557?lang=en_us&edition=fundamental","pubTime":"2025-05-19 18:30","pubTimestamp":1747650600,"startTime":"0","endTime":"0","summary":"Pi Network’s Pi Coin lacks a Binance listing despite 86% community support, raising doubts about its credibility and compliance.Pi Coin’s price has struggled since launch, dropping below $1 amid insider selling rumors and unmet investor expectations.Promised support from the $100 million Ventures Fund is uncertain, while 100 live dApps remain unfulfilled, frustrating the community.Since the Pi Network mainnet launched on February 20, it has made headlines for its ambitious goals. Yet, it has also faced substantial criticism. The underwhelming price performance and lack of DApps, among other issues, have raised questions about Pi Network’s ability to meet the expectations of its reported 60 million users, referred to as Pioneers.Below are five key areas of underperformance that emerged as focal points for observers in early 2025.The underwhelming debut worsened as PI dipped below the $1 mark shortly after listing. Although the token rebounded to an all-time high of $3 in late February, ","market":"nz","thumbnail":"https://beincrypto.com/wp-content/uploads/2025/03/BMTUSDT_E7334A_2025-03-11_11-54-20-15.png.webp","type":0,"news_type":0,"thumbnails":["https://beincrypto.com/wp-content/uploads/2025/03/BMTUSDT_E7334A_2025-03-11_11-54-20-15.png.webp"],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://beincrypto.com/pi-network-issues-explained/","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"beincrypto_highlight","symbols":["BK4141","PI","LU1878469433.USD"],"gpt_icon":0},{"id":"2536323491","title":"Pi Network Sheds 44% in Four Days – Is PI Price Fading Out?","url":"https://stock-news.laohu8.com/highlight/detail?id=2536323491","media":"BE[IN]CRYPTO","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2536323491?lang=en_us&edition=fundamental","pubTime":"2025-05-17 03:00","pubTimestamp":1747422000,"startTime":"0","endTime":"0","summary":"PI drops below $1 after backlash over its $100 million fund, shedding 44% in four days despite a brief weekly rally.Technicals like Ichimoku and BBTrend show weakening momentum, with no clear signs of reversal or sustained buyer support.Community sentiment turns bearish amid unmet promises and frustration over fund rollout, pressuring PI’s near-term outlook.Pi Network  is under mounting pressure as technical indicators and community sentiment become increasingly bearish. Despite a 23% gain over the past week, PI has plunged 44% in just four days, falling below the $1 mark following backlash over its $100 million fund launch.Indicators like the Ichimoku Cloud and BBTrend show fading momentum, with no signs of a reversal. PI may remain vulnerable to further downside if key resistance levels are reclaimed and buying pressure returns.PI Struggles Below Cloud as Bearish Momentum Persists. The Ichimoku Cloud chart for Pi Network  shows signs of ongoing weakness following a sharp decline. Pri","market":"us","thumbnail":"https://beincrypto.com/wp-content/uploads/2025/03/BMTUSDT_E7334A_2025-03-11_11-54-20-15.png","type":0,"news_type":0,"thumbnails":["https://beincrypto.com/wp-content/uploads/2025/03/BMTUSDT_E7334A_2025-03-11_11-54-20-15.png"],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://beincrypto.com/pi-network-sheds-bearish-investor-frustration/","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"-1","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"beincrypto_highlight","symbols":["LU1878469433.USD","BK4141","PI"],"gpt_icon":0},{"id":"2535331612","title":"Pi Network breaches support even as rebound catalysts emerge                \n\n6 seconds ago","url":"https://stock-news.laohu8.com/highlight/detail?id=2535331612","media":"cryptonews","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2535331612?lang=en_us&edition=fundamental","pubTime":"2025-05-16 12:46","pubTimestamp":1747370778,"startTime":"0","endTime":"0","summary":"Pi Network’s native token, PI, has dropped sharply in recent days, falling to around $0.86 on May 16 as many anticipate a price rebound amid growing catalysts.Pi Network  has now dropped over 40% from its weekly peak of $1.57 and is more than 71% below its all-time high of $2.99, which was reached in late February. The latest drop came despite what appeared to be a major development.On May 14, the Pi Foundation announced a $100 million venture fund aimed at supporting startups in areas like AI, gaming, fintech, and e-commerce. The initiative hopes to boost real-world use of the Pi ecosystem, but the market reaction was negative.Many traders had anticipated a major exchange listing, which would have brought significant liquidity and price discovery. The news likely triggered a “sell the news” response from the market because there was no listing in sight.Looking at the technical picture, PI is still has breached the $0.89 support level, which was acting as a crucial floor in the recent ","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://crypto.news/pi-network-breaches-support-even-as-rebound-catalysts-emerge/","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"crypto_news_highlight","symbols":["PI","BK4141","LU1878469433.USD"],"gpt_icon":0},{"id":"2535933146","title":"Unstaked Enters the Top Crypto Race With $0.008997 Entry, 27x Potential, and a $1M Giveaway! Is It Beating Solana and Pi?","url":"https://stock-news.laohu8.com/highlight/detail?id=2535933146","media":"CoinMarketCap","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2535933146?lang=en_us&edition=fundamental","pubTime":"2025-05-16 12:37","pubTimestamp":1747370224,"startTime":"0","endTime":"0","summary":"In a market flooded with hype-driven moves and fleeting meme coin booms, very few presales show solid underlying value, but Unstaked is changing that pattern. Solana is riding a $15B wave of meme coin","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://coinmarketcap.com/community/articles/6826c0f148296661116c8adc/","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"coinmarketcap_highlight","symbols":["SOL","BK4519","BK4141","SOL.USD.HKCC","TON.USD.CC","BK4129","APT.USD.CC","LU1878469433.USD","PI","APT.USD.HKCC","TON.USD.HKCC"],"gpt_icon":0},{"id":"2535769228","title":"Max Hamaha wins WhiteBIT International Crypto Trading Cup","url":"https://stock-news.laohu8.com/highlight/detail?id=2535769228","media":"CoinMarketCap","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2535769228?lang=en_us&edition=fundamental","pubTime":"2025-05-16 00:54","pubTimestamp":1747328063,"startTime":"0","endTime":"0","summary":"WhiteBIT, a major cryptocurrency exchange of Europe and the official crypto partner of FC Barcelona, has hosted the first ever groundbreaking International Crypto Trading Cup  in a live-streamed global tournament. This two-day event was held on 9-10 May 2025.The International Crypto Trading Cup has turned crypto trading into an exciting sport, similar to E-sports. It has also united eight top crypto traders on stage and engaged 3,000 participants across 33 squads worldwide.Host Marc Principato stated that watching these pros trade live on screen was an excellent method for others to learn. WhiteBIT’s founder, Volodymyr Nosov, called the event a major step in making crypto trading popular, developing the networks, and spreading blockchain technology.With registration for ICTC 2026 now open, WhiteBIT plans to make this a regular global event, mixing finance, tech, and fun to make crypto trading exciting and open to 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