Pi Network Price Stagnant Ahead of Final Upgrade

The Pi Network price has dropped by 1.04% to $0.089 on August 24, despite the broader crypto market gaining due to a US Treasury bond buyback announcement.

This drop contrasts with previous upgrades, which often boosted the sentiment around Pi Network and its price.

The final upgrade, Protocol 27, is scheduled for September 15, which will improve security and flexibility on the network and introduce new features.

However, if buying pressure returns ahead of the upgrade and the price closes above $0.097, it could move to $0.10 next. But after the initial hype fades, the long-term forecast may turn bearish, with PI potentially dropping to its all-time low of $0.070.