Pi Coin is currently facing a downward trend as it struggles to recover from early hype and investor uncertainty. The coin, which once traded near $3, has now dropped significantly, reaching approximately $0.62. This decline raises concerns about the coin’s future, with many holders and potential investors wondering what lies ahead. Trading on the platform BitMart has been suspended for over a month without clear updates, adding to the uncertainty. 5th September Update: Banxa, another major exchange, has removed Pi Coin from their payment service. This move further emphasizes the lack of liquidity and support the coin is experiencing. A glimmer of hope emerged with Huobi Exchange hinting at potential news regarding Pi Network, but no concrete announcements have been made. Pi Network founder Nicolas Kokkalis, who will be speaking at Consensus 2025, is hoping to reignite interest in the project. However, lack of major exchange listings continues to limit its visibility and demand in the wider crypto market, leaving investors concerned about its long-term prospects.