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Cryptocurrency News Articles

Pi Coin Faces Critical Levels Ahead of Major Token Unlock

Apr 18, 2025 at 03:42 pm

As Pi Coin (PIUSDT) continues to attract attention in the crypto space, traders are now eyeing a crucial moment: a significant token unlock

Pi Coin Faces Critical Levels Ahead of Major Token Unlock

Pi Coin (PIUSDT) price has been showing signs of a downtrend on the 4-hour chart. After struggling to break back above the $1.00 handle earlier this year, the coin has been trading lower.

Recently, the price action has been forming a range between the $0.60 and $0.70 levels, with the lower levels showing some strength. However, with a major token unlock on the horizon, there could be more selling pressure in the coming weeks.

As the chart shows, the key support levels to watch out for are at $0.60, $0.53, and $0.46. On the other hand, the key resistance levels to consider are at $0.70, $0.82, and $0.95.

Token Unlock: 212 Million Pi Set to Hit the Market

According to the latest on-chain data, over 212.6 million PI tokens—approximately 4.14% of the total locked supply—are set to be unlocked over the next 30 days.

This massive unlock is one of the most significant events in Pi Coin’s recent history and could act as a key driver for price action in the weeks ahead.

Will the Token Unlock Push Prices Lower?

Historically, large-scale token unlocks have led to downward pressure on prices—especially when they involve early holders, insiders, or contributors gaining access to liquidity for the first time. According to reports from respected research firms like Messari and Token Unlocks, similar events in other ecosystems have often triggered short-term selloffs due to:

In Pi’s case, the situation is even more delicate. The project is still in its early public phases, and major centralized exchanges have not yet fully integrated tradable PI tokens (with most listings operating as IOUs). As such, the actual supply hitting the market could create disproportionate price impact—especially if holders rush to liquidate once given the opportunity.

But Not All Unlocks Are Bearish

While unlocks often lead to short-term corrections, the broader market context matters greatly. If the Pi Network team aligns this unlock with:

a good strategy for handling the new supply.

Disclaimer:info@kdj.com

The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research!

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Other articles published on Apr 20, 2025