$PI is alive, but fading. It’s liquid enough to easily sell ($17.9m traded per day) — but more supply can still be minted (no hard cap, 11% of supply circulating today), and it’s falling behind similar coins (down 33% over 30 days, down 58% over 200 days). The price is down 97% from its all-time high.
break-even from here: +3,390% $100 held here would need to become $3,490 just to get back — and 97 out of 100 coins that fall this deep never see their old high again.
Recent whale activity signal on the record (2026-06-01) — not reflected in the score; check before acting.
01is anyone still building it?structural solvency / liveness40/100
Someone is still building, but activity is thin.
1 commits/4wk1 contributorslast commit 9d ago— development is slowing.
02are holders staying or leaving?holder conviction & overhead supplyPENDING
PENDING V1
can’t measure this honestly yet, so it doesn’t count toward the score — we don’t fake numbers.
03could you actually sell?liquidity / exitability69/100
Easy enough to sell.
$17,870,650/24h · bin 9/101.91% turnover · bin 5/10— tradeable.
04is anyone actually using it?usage / demandPENDING
PENDING V1
can’t measure this honestly yet, so it doesn’t count toward the score — we don’t fake numbers.
05how much more will be printed?supply overhang & emissions20/100
Heavy future supply hangs over the price.
11% of supply circulating · bin 1/10FDV/MC 1.5x · bin 4/10— heavy unminted/uncapped supply hangs over every holder.
06how is it doing vs similar coins?relative strength / narrative20/100
Lagging similar coins.
30d-33% · bin 1/10200d-58% · bin 4/10— lagging its peer group badly.
terms used above — hover or tap any:
03 · COMMON QUESTIONSanswers generated from this coin’s frozen readout · not advice
Is Pi Network ($PI) dead?
Not dead, but fading. As of 2026-07-14, Pi Network scores 41/100 on bagcheck’s structural aliveness scan — WEAKENING. Multiple systems are weakening. Aliveness measures whether the project still works, not whether the price recovers.
Is Pi Network a good investment?
bagcheck doesn’t rate investments — this is information, not advice. What the frozen record shows as of 2026-07-14: a structural aliveness score of 41/100 (WEAKENING), a price 97% below its all-time high, a drawdown cohort (down 95%+) in which historically only ~3% of coins ever reclaimed their high. What you do with that is yours.
Will Pi Network ($PI) recover?
Nobody can predict price, and bagcheck doesn’t try. Historically, of coins down 95%+ (3-year window), about 3% reclaimed their all-time high; break-even to ATH from the scan price needs +3,390%. The WEAKENING aliveness read says whether the project still works — a precondition for recovery, not a promise of it.
MEMBERS · ENGINE BOTTOM LINEthe engine’s verbatim verdict — not rendered publicly
