Pi Coin, the native token of Pi Network, has been declining sharply. The anticipated speech by the co-founder at TOKEN2049 may influence its price.
Market Overview of Pi Coin
As of early September 2025, Pi Coin trades at approximately $0.346, down 46% over the last three months and about 88% below the all-time high of $2.99 from February 26, 2025. In late August, the token dipped to around $0.331.
Token Presentation at TOKEN2049 and Community Expectations
Pi Network has confirmed the participation of co-founder Dr. Chengdiao Fan at TOKEN2049, scheduled for October 1-2 in Singapore. The community expects that this high-profile appearance could lead to a short-term price surge. A user on X (Twitter) urged followers to 'buy on dips,' noting a potential short-term rally around the event.
Supply and Token Unlock Risks
Beyond event excitement, Pi Coin faces supply-side pressures. On-chain data show that hundreds of millions of Pi tokens have been released and moved to exchanges. In July 2025 alone, approximately 269 million tokens were unlocked, with 132 million in August and a further 116 million expected in September.
The TOKEN2049 conference may generate a short-term positive sentiment in the Pi community, but long-term recovery of the price will require real achievements and improvements in fundamental indicators.
