Pi coin has reached a new all-time low of $0.27, breaking below the previous support level of $0.32. The decline is attributed to ongoing concerns about tokenomics, supply unlocks, and weak demand. Despite a recent public appearance by Pi Network's founders in South Korea, the price continued to fall, with traders now eyeing the $0.20 level as the next potential support. Technical indicators remain bearish, with the 20-day, 50-day, and 100-day EMAs showing downward trends and the RSI at 26, indicating oversold conditions. While network upgrades and faster KYC processes are in progress, the focus remains on structural adoption and utility for long-term recovery.