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📅 July 3, 7:00 – July 9,
Pi coin returns to $0.50! 304.7 million Tokens are about to be unlocked, what will the next price movement be?
Pi Network (PI) has rebounded above 0.50 USD today (3) after several days of weak performance. The next 30 days are crucial for Pi coin, as a large-scale token unlock is imminent. Given the recent fall, market sentiment has already weakened, which may exacerbate selling pressure or test the network's resilience.
PI Token is about to unlock
Starting from July 4, the Pi Token will begin releasing a total of 304.7 million Tokens over the next 30 days, with an expected market value of $151.9 million. The maximum daily unlock amount is set for July 4, 2025 (tomorrow), when 19.39 million Tokens will enter circulation.
Despite the critical network upgrades during Pi2Day, the Pi core team has still been unable to stop the price from falling. Since the event, Pi has dropped by 11-16%, with the current trading price around $0.49. Selling pressure may continue as 1.6 billion Pi tokens will be unlocked in the next 12 months.
In the past 24 hours, the net inflow of tokens to centralized exchanges exceeded 6 million coins, which may be a short-term selling signal indicating that users are preparing to sell their held tokens.
Pi Coin Price Prediction
According to analyst Dr. Altcoin, the Pi core team controls about 90% of the total supply and is expected to prevent a significant price fall. If the price falls below $0.40, Pi coin may drop out of the top 30 cryptocurrencies by market capitalization.
Analysts predict that by August, the price of Pi coin is expected to fluctuate around $0.40. However, as the token unlock rate begins to decrease, the price of Pi coin may start to gradually rise.
The technical indicators for Pi currently show a neutral to bearish trend. The moving averages are generally bearish, but some oscillators suggest there may be support. The market remains weak.
The PI coin is currently maintaining around $0.5010, with low trading volume and a slight rebound, but it is still in a sideways consolidation state. Token unlocking could be a potential trigger for the next round of significant volatility.