- Main event includes a 5M Pi token unlock.
- Current Pi IOU price is ~$0.63.
- Projections suggest potential 200% price surge.
Pi Network faces speculation with recent token unlock and projected price surge rumors.
Pi Network’s token price experienced volatility with a recent 5M token unlock on April 22, 2025.
Market speculation increases as Pi Network remains in an enclosed phase preventing free trade on major exchanges.
The latest 5M token unlock on April 22, reportedly led to price volatility with Pi IOUs dipping by ~6%. Projections from technical sources indicate possible price targets above $2. According to an analysis report on CoinCodex, “Projections from technical indicator-driven sources suggest a potential surge of over 200% in coming weeks, contingent on momentum and speculative demand.”
The key figures of Pi Network include Dr. Nicolas Kokkalis and Chengdiao Fan, who emphasize the project’s accessibility but have yet to announce mainnet or exchange listings. No official comments have been made about price actions.
The current market sentiment remains mixed with the RSI hovering at 43. Traders speculate on a potential price surge, but this is contingent upon momentum and demand.
Past launches such as Aptos and SUI experienced initial volatility, driven by speculative trading. Pi’s scenario, however, lacks liquidity since trading is restricted to enclosed IOU markets.
Predicted price movements await verification until the mainnet unlocks allow real Pi tokens on mainstream exchanges. Historical events suggest potential volatility in Pi’s post-mainnet market trajectory. For more insights on Pi’s trajectory, refer to the CryptoRank analysis.
Chengdiao Fan once stated, “Our vision emphasizes social computing and human behavior to enhance community engagement in the network.”
Disclaimer: The content on The CCPress is provided for informational purposes only and should not be considered financial or investment advice. Cryptocurrency investments carry inherent risks. Please consult a qualified financial advisor before making any investment decisions. |