The recent drop in Pi coin price has raised questions about whether this could be the right time to buy the emerging cryptocurrency.

A market watcher known as Dr Altcoin has shared his views, pointing to the long-term growth potential of the coin.

Meanwhile, others have pointed out issues the Pi Network must still work through in order for it to reclaim its lost valuation.

It is worth noting that the current price of Pi Coin has caught the attention of some investors.

Dr Altcoin, a well-known voice in the Pi community, shared his thoughts online, urging people to look at the bigger picture.

He said that five years may pass quickly, and that those who wait and build now could benefit later.

In his latest post on X, Dr Altcoin made a comparison with Bitcoin and Ethereum. He said many people sold these coins early, only to regret it later when the value went up.

In his view, Pi Coin may be at a similar stage now. However, he did not make any promises.

He said the current low price might be a good entry point for those thinking long-term.

He explained that he follows a five-year plan and adds to his PI holdings when prices fall.

Even if he only buys $25 worth at a time, he sees it as a way to prepare for the future.

Notably, his advice was clear. He believes that anyone thinking about Pi Coin should make a plan and avoid rushing in or out based on short-term changes.

Market Watchers Track Key Support Level
In another post on X, a Pi-focused news account, The Times of PiNetwork, shared a brief update on the coin’s recent price activity.

According to the post, the account noted that PI had touched a new low and could bounce back if it holds its current level.