![]() |
|
![]() |
|
![]() |
|
![]() |
|
![]() |
|
![]() |
|
![]() |
|
![]() |
|
![]() |
|
![]() |
|
![]() |
|
![]() |
|
![]() |
|
![]() |
|
![]() |
|
Cryptocurrency News Articles
Pi Network (PI) Continues Its Downward Trend, Trading at Approximately $0.79
Mar 27, 2025 at 05:29 pm
Pi Network's cryptocurrency (PI) has continued its downward trend, trading at approximately $0.79 as of March 27, 2025. The price represents a decline
The price of Pi Network’s cryptocurrency (PI) has continued its downward trend, trading at approximately $0.79 as of Monday (March 25). The price represents a decline of about 3% in the last 24 hours, with trading volume increasing by 33% to $327 million.
Several factors are contributing to the declining price. Market watchers point to the significant number of Pi Coins scheduled to be unlocked in the coming weeks. According to PiScan data, approximately 105.96 million Pi tokens will be unlocked over the next 30 days.
This influx of tokens, valued at around $85 million at current prices, is expected to place additional downward pressure on Pi’s market value. The daily average unlock stands at about 3.5 million coins.
The selling pressure doesn’t appear to be easing anytime soon. Looking ahead to the next 12 months, 1.6 billion Pi Coins are scheduled for unlocks. This represents an average of 129 million coins per month.
Trading Analysis
Analyst bullstraders7 on TradingView has predicted Pi Network price could fall to around $0.61 or even $0.6 in the coming days. The prediction has further dampened market sentiment, particularly among investors hoping for a price recovery.
At the time of writing, Pi’s current market capitalization stands at approximately $5.47 billion. Its fully diluted valuation is estimated at $8.42 billion, indicating the total value if all tokens were in circulation.
The Pi Core Team has faced criticism from community members. Many are questioning the team’s silence regarding key updates and urging them to take more decisive action to support the coin’s price.
Several promised developments have faced delays. The mainnet launch, Binance listing, and Pi domain auction have all been postponed, causing frustration within the community.
Some community members have expressed concern that the Core Team is deviating from their original promise of full decentralization. Critics suggest the team is now focusing on attracting large institutions instead of maintaining their initial vision.
Despite the current downturn, not all analysts are pessimistic about Pi’s future. Expert Coinvo sees the recent dip as a buying opportunity, pointing to Pi’s RSI divergence as a “massive buy signal.”
Cryptocurrency analyst Moon Jeff, while acknowledging the potential drop to $0.6, remains optimistic about recovery. Jeff suggests that if the price bounces back from that level, it could trigger a spike up to $5.
Dr. Altcoin, a prominent community figure, encouraged investors to hold their Pi tokens. “Let’s HODL and buy patience and Pi while it’s still available. Don’t be surprised if in the next few weeks Pi jumps to $3.14, or even hits $10 in the coming months,” Dr. Altcoin advised.
Reports also indicate plans to list Pi token on crypto exchange Upbit in the near future. Such a listing could potentially provide the liquidity boost needed to catalyze a recovery.
The token unlock schedule is expected to continue until May 2028 with minimal changes. To counter the potential price pressure, Pi enthusiasts are urging the Core Team to implement measures to reduce circulation.
Suggested measures include burning mechanisms or smart contract features that would decrease the number of tokens in active circulation. These steps could help maintain price stability despite the ongoing token unlocks.
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!
If you believe that the content used on this website infringes your copyright, please contact us immediately (info@kdj.com) and we will delete it promptly.
-
-
-
- Michael Saylor Predicts Bitcoin Will Dominate Everything, From Gold to Bonds
- Mar 30, 2025 at 09:40 pm
- Michael Saylor, the man who practically made Bitcoin his business strategy, is once again turning heads. In a short but bold interview, Saylor laid out his long-term vision: a world where Bitcoin dominates everything from gold to bonds, real estate, ETFs, and beyond.
-
-
-
-
-
-