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The cryptocurrency market remained calm over the weekend, with Bitcoin trading in a narrow range between $83,000 and $87,000. However, Pi coin dropped slightly over 2% to around $0.63, continuing to consolidate as it waits for events that may impact the market.
On April 21, 5.6 million Pi tokens are set to be unlocked—this development could affect the token's price, depending on market reactions. Currently, the $0.60 level is a strong support level, and some analysts believe this is a key area that could drive future breakthroughs.
Despite the recent decline, enthusiasm for Pi remains strong. Some analysts believe Pi could still reach $5, especially if the project continues to advance its roadmap and expand its use cases. 'Utility will drive value growth,' posted a community member, echoing the general sentiment among Pi holders.