TLDR
- Pi Network (PI) recently saw its value dip under $0.8, marking a decrease of around 3% over the past day.
- Experts in the market are forecasting a continued decrease, possibly reaching as low as $0.6, primarily because of the forthcoming token releases.
- There will be an unlocking of over 105 million Pi tokens, estimated to be worth around $85 million, scheduled within the next month.
- Discontent over delays in launching the mainnet and listing on Binance is rife among the Pi Network community.
- Though the current decline prevails, a few analysts retain hope for a bounce back to a $3-5 range.
As of March 27, 2025, Pi Network's cryptocurrency (PI) has been following a downward trajectory, currently trading at roughly $0.79. This represents an about 3% drop in the last day, with trading volumes surging by 33% to approximately $327 million.
Numerous factors are playing into the falling price trend. Observers in the industry note that a substantial volume of Pi Coins is scheduled to unlock in the near future. Data from PiScan indicates that around 105.96 million Pi tokens will become available over the next 30 days.
This influx, with an estimated worth of $85 million at current valuations, is anticipated to apply extra downward force on Pi’s market worth. Currently, the daily average of tokens unlocking stands at roughly 3.5 million.
The selling pressure seems persistent for the time being. Looking forward over the next year, the schedule anticipates the unlocking of 1.6 billion Pi Coins, translating to around 129 million being released monthly.
Trading Analysis
Analysis by bullstraders7 on TradingView suggests that the Pi Network's price could nosedive to about $0.61 or even $0.6 shortly. This gloomy prediction has dampened the earlier optimism among investors who were hoping for a price rebound.
Pi's market worth currently is noted at roughly $5.47 billion, with a fully diluted projection of $8.42 billion, which considers the total value assuming all tokens are in circulation.
The Pi Core Team is facing criticisms from its community members, who are demanding more transparency and decisive action to bolster the coin's value.
Various anticipated developments have encountered postponements, including the mainnet launch, Binance listing, and the Pi domain auction, stirring frustration among supporters.
Certain members within the community voice concerns that the Core Team could be diverging from their original pledge for full decentralization, now seemingly focusing more on drawing interest from major institutions.
Despite the downturn, not all analysts are bearish about Pi's prospects. Coinvo, an industry expert, views the recent price slump as an ideal buying moment, highlighting the RSI divergence as a significant buying cue.
Cryptocurrency analyst Moon Jeff agrees on the potential fall to $0.6, but remains upbeat about a possible recovery. Jeff believes a rebound from that level might instigate a hike to $5.
$PI is going to $0.6
That is the only support left.
In such a case, we might witness a surge targeting the $5 level.
Experts suggest maintaining your positions and acquiring more where feasible. #PiNetwork pic.twitter.com/LFbs313krE— MOON JEFF 🪐 (@CRYPTOAD00) March 25, 2025
Dr. Altcoin, a prominent figure within the community, emphasizes keeping hold of your Pi investments. \"Hold your Pi with patience because it might soon rally to $3.14 or even breach the $10 mark in upcoming months,\" he remarked.
There are also rumors circulating about a possible listing of the Pi token on the crypto exchange Upbit soon. Such a development might provide the necessary liquidity boost, consequently aiding the recovery.
The planned unlocking of tokens is predicted to persist until the middle of 2028 with modest changes. To mitigate the potential negative price impact, Pi supporters are urging the Core Team to introduce mechanisms that will curb token circulation.
Proposed steps include employing burn mechanisms or leveraging smart contracts to trim down the number of active tokens in circulation. Such tactics could potentially stabilize the price amidst the anticipated token unlocks.
