CoinInsight360.com logo CoinInsight360.com logo
America's Social Casino

coinpedia 2025-05-14 07:46:25

Pi Network Price Prediction: Can 265 Million Token Unlocks Impact a Possible 234% Rally?

The post Pi Network Price Prediction: Can 265 Million Token Unlocks Impact a Possible 234% Rally? appeared first on Coinpedia Fintech News Over the past 24 hours, Pi Network has cooled down, following its explosive 90% rally in the past week. But analysts are unfazed by the pullback. Historically, such corrections are natural after rallies, and Pi still remains up 59% over the last month. While Bitcoin, Ethereum, and Solana continue to dominate conversations, Pi Network is carving out a niche with its mobile mining app and decentralized Pi browser, aiming to bring real-world utility and mass adoption closer to reality. However, Pi’s year-to-date performance tells a different story. After institutional investors initially pumped massive amounts into Pi Network, its price sharply declined. But since bottoming out at around $0.40, Pi has climbed back to nearly $1.20, breaking through major resistance levels and moving averages. Where Is Pi Network Headed Next? Technical analysts have identified a parallel channel pattern forming on Pi’s chart. If the token breaks out of this formation, the price could surge another 234%, potentially reaching $5.27 per token. That would equate to a market cap of roughly $39 billion — putting it in the same league as other established projects. As of May 14, 2025, at 13:00, a total of 5.17 billion Pi tokens — valued at approximately $6.19 billion — are currently locked. Over the next 30 days, around 265.44 million Pi (worth about $317.92 million) are scheduled to be unlocked, which accounts for 5.13% of the total locked supply. On average, about 8.85 million Pi tokens (equivalent to $10.6 million) will be unlocked daily. The highest single-day unlock is expected on May 16, with approximately 14.75 million Pi tokens — valued at $17.67 million — set to be released. This upcoming unlock activity could lead to increased price volatility in the Pi market, as a surge in token availability often influences market dynamics and investor sentiment.

Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer.