Pi Network Buzz 7.8M Coins Unlocked Today as Price Surges 6% 🚀📈
Pi Coin Sparks Attention After 6% Jump 🔥
Pi Coin is showing signs of momentum after climbing 6% in the past 24 hours, now trading around $0.64 💸. This mini rally has reignited interest in the Pi Network community—but not everyone’s bullish just yet.
Massive 7.8M Coin Unlock Could Impact Price ⛓️📉
On April 19, 7.8 million Pi Coins were unlocked—part of a daily release trend (approx. 6.8M coins/day). According to analyst Dr. Altcoin, many of these newly unlocked coins are heading to centralized exchanges, increasing sell pressure.
In the past few days, Pi supply on exchanges rose from 354M to 368M, while total circulating supply has hit 6.88B. With more sellers than buyers, price resistance is mounting.
Dr. Altcoin warns: if this trend continues, Pi could drop to $0.30 or lower. However, he predicts a potential recovery starting around late August 2025, when the unlock rate slows down. 🗓️
Why Pi Still Isn’t on Binance ❌🏦
Despite winning a Binance community vote, Pi is still not listed. The reason? The project is running on an enclosed mainnet, meaning coins can’t yet be freely transferred or traded.
Exchanges like Binance require projects to fulfill key criteria before listing:
- Fully launched mainnet
- Liquidity & trading activity
- Regulatory compliance
- Transparent operations
Until these are met, a Binance listing remains out of reach. 🚧
Stay In the Loop! 📰✨
