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Cryptocurrency News Articles

Pi Coin Shows Signs of Life After Climbing 6%

Apr 19, 2025 at 01:06 pm

Pi Coin is showing signs of life after climbing 6% in the past 24 hours. It's now trading at $0.64, and the move has sparked fresh interest from the Pi Network community.

Pi Coin Shows Signs of Life After Climbing 6%

Pi Coin, the cryptocurrency developed by the Pi Network, has shown signs of life with a 6% rise in the past 24 hours. The move, which pushes the coin to $0.64, has sparked fresh interest from the community. Some traders are now wondering if this could be the start of a new rally. However, not everyone is convinced yet.

7.8 Million Coins Unlocking Could Shift Momentum

The price bump comes just ahead of another key event: 7.8 million Pi coins are set to unlock on April 19. This follows an ongoing trend of daily unlocks—around 6.8 million coins released each day.

According to market analyst Dr. Altcoin, most of these newly unlocked coins are heading straight to centralized exchanges, increasing sell pressure. In the last few days, the amount of Pi available on exchanges has risen from 354 million to 368 million. Meanwhile, total circulating supply has reached 6.88 billion coins.

The result? A market overwhelmed by sellers. Demand hasn’t been able to keep up, pushing the price down and making it harder for any rally to hold.

Dr. Altcoin warned that if this trend continues, PI could fall to $0.30 or even lower. However, he believes a recovery could begin around late August 2025, when the daily unlocking rate is expected to slow down significantly.

Pi Still Not Listed on Binance—Here’s Why

Earlier this year, Pi coin won a community vote on Binance to be listed on the exchange. However, it’s still not available for trading on the platform.

This is because the Pi Network is still running on an enclosed mainnet. Users can’t freely trade or transfer their coins yet.

Binance, like other major exchanges, requires projects to meet several conditions before listing—such as a full mainnet launch, strong liquidity, legal compliance, and clear transparency. Until Pi Network checks those boxes, it’s unlikely to be listed.

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Other articles published on Apr 21, 2025