TLDR
- Pi Network price dropped to $0.79, falling over 3% in recent trading
- Market experts predict potential further decline to $0.60 amid massive token unlocks
- About 105.96 million Pi tokens worth $85 million will be unlocked in the next 30 days
- Some analysts see positive technical signals suggesting a possible breakout ahead
- Community members urge the Pi Core Team to improve communication and implement measures to reduce circulation
Pi Network’s price has fallen below the $0.80 mark. The token dropped over 3% and traded at $0.79 according to recent data. During the past 24 hours, it reached a low of $0.77.
Trading volume has increased by 33% to $327 million. This shows heightened market activity despite the price decline.
Unlock Concerns
A key factor driving the price drop is the upcoming token unlocks. PiScan data shows about 105.96 million Pi tokens will be unlocked over the next 30 days.
These tokens are worth approximately $85 million at current prices. The daily average unlock will be around 3.5 million coins.
Looking further ahead, the unlock schedule appears heavy. About 1.6 billion Pi Coins will be unlocked over the next 12 months.
This averages to 129 million tokens per month. The unlock pattern is expected to continue until May 2028.
Community Reactions
Pi enthusiasts have expressed concerns about the falling price. Many are urging the Core Team to implement measures to reduce circulation.
Suggestions include burning mechanisms or new smart contract features. These could help offset the impact of the massive token unlocks.
The community has also noted a lack of clarity from the Pi Core Team. This has added to market uncertainty.
The absence of anticipated listings on major exchanges like Binance has further dampened sentiment. Many investors were counting on such listings to boost the token’s price.
Expert Analysis
Several market watchers have shared their outlook on Pi’s price trajectory. Analyst bullstraders7 on TradingView warned the price could fall to $0.61 or even $0.60 soon.
However, not all analysts share this bearish view. Expert Coinvo identified positive technical signals in the market.
He pointed to “Pi RSI divergence” as a “massive buy signal.” Coinvo also noted that the current “Fibonacci zone” could push the token to new highs.
Moon Jeff, another crypto analyst, suggested $0.60 might be the last major support level. Jeff remained optimistic about recovery, predicting a potential spike to $5 if prices bounce from that level.
$PI is going to $0.6
That is the only support left .
From there we are likely to see a pump towards the $5 mark.
Holding strong and adding more is advised #PiNetwork pic.twitter.com/LFbs313krE— MOON JEFF 🪐 (@CRYPTOAD00) March 25, 2025
Dr. Altcoin shared a similarly bullish long-term outlook. He advised the community to “HODL and buy patience and Pi while it’s still available.”
He suggested Pi could jump to $3.14 in the coming weeks or even reach $10 in the months ahead.
Market Cap Details
Pi Network’s market capitalization stands at approximately $5.47 billion. Its fully diluted valuation is around $8.42 billion.
These figures place Pi among the top cryptocurrencies by market value. This highlights the project’s scale despite recent price challenges.
Trading has remained active with daily volume near $317.6 million. This shows continued market interest in the token.
Core Team Challenges
Community members have questioned the Core Team’s actions. Many urge them to improve performance and communication.
Some have alleged that the team has deviated from their original promise of full decentralization. There are concerns they may be pivoting toward institutional adoption.
This potential shift has created tension within the community. Some members feel the team is making compromises to balance user inclusion with global adoption goals.
Stay Ahead of the Market with Benzinga Pro!
Want to trade like a pro? Benzinga Pro gives you the edge you need in today's fast-paced markets. Get real-time news, exclusive insights, and powerful tools trusted by professional traders:
- Breaking market-moving stories before they hit mainstream media
- Live audio squawk for hands-free market updates
- Advanced stock scanner to spot promising trades
- Expert trade ideas and on-demand support
