TLDR:
- Pi coin recovered to $0.9471 after dropping from $1.2 to $0.911
- Daily token unlocks decreased from 13 million to 3.8 million, reducing selling pressure
- New partnership with PiDaoSwap aims to improve governance and transparency
- Short-term price targets suggest potential breakout to $1.8-$2 range
- Long-term projections from analysts include ambitious $314 price point
Market Recovery After Recent Drop
Pi cryptocurrency experienced a sharp price drop recently, falling from highs of $1.2 to lows of $0.911. The coin has since recovered to $0.9471, changing market sentiment toward bullish. This recovery comes after a period of community frustration due to lack of communication from the Pi Network team.
The coin has maintained its price above key support levels around $0.95. This stability has helped shift the market outlook. Many traders now expect Pi to break above the $1 mark soon.
Technical analysis supports this positive outlook. The price is currently using the $0.95 level as support for a potential rebound. Analysts point to this as a foundation for future growth.
Reduced Token Unlocks Ease Selling Pressure
One of the main factors previously pushing Pi’s price down was daily token unlocks. These unlocks created constant selling pressure in the market. However, recent changes have altered this dynamic.
The number of daily token unlocks has decreased from 13 million to just 3.8 million. This represents a drop of over 70% in potential selling pressure. Many market observers view this as a positive development for Pi’s price action.
With reduced selling pressure, buyers may have more influence on price movement. This change creates better conditions for a potential price increase in the near term.
Lower token unlocks could help stabilize the market. Stability often precedes upward price movements when combined with other positive factors.
Strategic Partnership Expands Ecosystem
Pi Network recently announced an official partnership with PiDaoSwap. This community-driven platform aims to improve the network’s governance process. The partnership focuses on making decisions more transparent.
Other internal platforms like Pi News have also joined this collaboration. These partnerships are expanding the Pi ecosystem. A growing network of decentralized platforms strengthens Pi’s overall structure.
Community governance has become increasingly important for cryptocurrency projects. The PiDaoSwap partnership addresses previous concerns about transparency. This move could help rebuild trust among investors who had concerns.
Ecosystem expansion generally supports long-term value growth. New partnerships create more use cases and utility for the Pi token.
Price Projections and Targets
Current technical analysis suggests Pi might retake the $1.2 resistance level soon. If buying pressure continues, the next target would be breaking through the $1.50 resistance. Some projections show a potential breakout to $1.80 in this rally.
PI Network $PI has broken out from the falling wedge
πΉ If price holds the trendline as support, it can push toward the first resistance level at $1.22
πΉ If bulls flip this level into support, we could see a test of $1.50 π pic.twitter.com/JJjzsuOXdr
— Trader Edge (@Pro_Trader_Edge) March 25, 2025
The PI/USDT trading pair recently broke out of a bearish channel. This breakout is considered technically meaningful. The previous resistance now serves as support for further upward movement.
If momentum continues, some analysts believe Pi could reach $2. This would represent a price increase of over 100% from recent lows.
Long-term projections are more ambitious. Crypto analyst Dr. Altcoin, who followed Pi Network’s development, suggests the token could eventually function as an advanced stablecoin for peer-to-peer transactions.
The analyst believes Pi’s value could exceed $10 as the network matures. For Pi to serve its intended purpose with a maximum supply of 100 billion tokens, a higher valuation would be necessary.
The most optimistic long-term price target mentioned is $314. This figure has symbolic significance as it relates to the mathematical constant Ο (3.14159). However, this would require massive market capitalization growth.
Investors should remain cautious despite the positive outlook. Market conditions can change rapidly in cryptocurrency markets. Technical signals and fundamental news should guide investment decisions.
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