by Coinstrooper Crypto Articles
Quick Take
  • Despite launching with major hype, Pi (PI) has struggled to live up to expectations, crashing by 91% from its all-time high of $2.98 set back in February.
  • This wallet’s aggressive accumulation suggests it may be operating on privileged information or strong insider conviction.
  • The identity of GASWBD[…]ODM remains a mystery, but its positioning has sparked widespread speculation.
  • Could this investor have early access to Pi’s roadmap, insider knowledge of an exchange listing, or an upcoming ecosystem update?

What Happened

Despite launching with major hype, Pi (PI) has struggled to live up to expectations, crashing by 91% from its all-time high of $2.98 set back in February.

Could this investor have early access to Pi’s roadmap, insider knowledge of an exchange listing, or an upcoming ecosystem update?

Every upgrade performed to a node adds a deflationary twist: 70% of the tokens spent on improving rigs are burned permanently, reducing the circulating supply as the community expands.

Market Context

One mysterious whale has been quietly accumulating PI tokens even as the broader market rushes to dump them – raising the question: what does this buyer know that others don’t, and does it point to a bullish Pi Coin price prediction?

Even more intriguing, this whale added 6.3 million PI tokens to their stack in the past week alone, signaling continued confidence despite the wider market’s retreat.

Whatever the case, it adds serious weight to the bullish Pi Coin price prediction thesis – especially if other large players start following suit.

Pi Coin Price Prediction: 26% Downside Risk If PI Fails to Break Above $0.30

However, continued market weakness could drag the token back toward last week’s lows.

To buy $PEPENODE at its presale price, visit the official Pepenode website and connect your wallet (e.g. Best Wallet).

Why It Matters

This wallet’s aggressive accumulation suggests it may be operating on privileged information or strong insider conviction.

On the 4-hour chart, the Relative Strength Index (RSI) is beginning to show signs of recovery, hinting that Pi Coin might attempt a retest of the $0.30 mark.

Still, unless the token break out from its current downtrend decisively, the overall setup continues to support a bearish outlook.

If bearish momentum accelerates, the $0.20 level becomes a likely target – implying a 26% downside risk from current levels.

As the game gains popularity, the demand for $PEPENODE could skyrocket.

Details

According to Pi Scan, wallet GASWBD[…]ODM currently holds 383.3 million PI, worth around $103 million – making it the 7th largest Pi holder overall, ahead of major exchanges like Gate.io and Bitget.

The identity of GASWBD[…]ODM remains a mystery, but its positioning has sparked widespread speculation.

Pi has rebounded slightly after hitting a new all-time low near $0.22, consolidating around $0.26 in recent sessions.

Rather than holding underperforming tokens this cycle, many traders are turning their focus to high-upside presales showing strong momentum.

One standout is Pepenode ($PEPENODE), a new project that enables users to build virtual mining rigs and earn crypto.

Pepenode ($PEPENODE) Turns Crypto Mining Into a Rewarding Game

Pepenode ($PEPENODE) lets users build their own virtual meme coin mining rig.

You can buy nodes, build server rooms, and earn more crypto by building more rigs.

The game leverages the popularity of the Pepe meme and combines it with an innovative virtual mining model that consists of buying and upgrading rigs to climb the leaderboard.

Buyers will use $PEPENODE to set up and boost their mining operation while competing for attractive rewards, like airdrops of top meme coins like Pepe ($PEPE) and Bonk ($BONK).