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2025-04-12 18:00:58

Pi Network News: Pi Coin Nears $1 Ahead of Massive 188 Million Token Unlock

The post Pi Network News: Pi Coin Nears $1 Ahead of Massive 188 Million Token Unlock appeared first on Coinpedia Fintech News After weeks of slow movement, Pi Coin made a strong comeback, jumping more than 25% in just one day. The price soared past $0.75 and is now sitting at $0.72, making it the top-performing major altcoin today. In the past 24 hours alone, Pi is up nearly 30%, with a 52% gain over the last 90 days. The market is showing strong signs of optimism, with analysts pointing to a possible rise to $1 if this momentum continues. Technical indicators also look positive — the 10-day SMA (simple moving average) just crossed over, and the RSI (relative strength index) suggests a bullish trend. Pi Coin also hit a weekly high of $0.78, pushing its market cap beyond $5 billion. Adding to the excitement, the Pi Network recently launched the Pi Ad Network, giving developers a new way to make money from their apps and boosting Pi’s real-world use. This is seen as a big move toward building a stronger, more useful ecosystem. However, not everything is smooth sailing. A major unlock of 188 million PI tokens is expected in the next 30 days, according to PiScan. This could create selling pressure on the market. Also, while 87% of the community supports a Binance listing, the exchange has not yet taken action. Even with the recent launch of the Pi Network’s mainnet, trading volume has dropped by 44%, signaling mixed investor interest. What’s next? All eyes are on the upcoming token unlock and whether Binance and other major exchanges will list Pi. These events could play a big role in shaping the coin’s future price.

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