{"id":123865,"date":"2025-12-31T04:24:30","date_gmt":"2025-12-31T04:24:30","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=123865"},"modified":"2025-12-31T04:24:30","modified_gmt":"2025-12-31T04:24:30","slug":"2700000-pi-tokens-in-24-hours-pi-networks-price-to-pump-soon","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=123865","title":{"rendered":"2,700,000 PI Tokens in 24 Hours: Pi Network\u2019s Price to Pump Soon?"},"content":{"rendered":"

While Pi Network\u2019s native token has seen minimal volatility over the past week, one key factor suggests it might be gearing up for an upside move.<\/p>\n

However, some analysts are pessimistic that the price could rise soon, criticizing the project for its numerous flaws.<\/p>\n

Pump on the Horizon?<\/h2>\n

As of this writing, PI trades at around $0.20, meaning a mere 0.2% increase on a weekly scale. At the same time, the current level represents a staggering 93% collapse compared to the all-time high of $3 seen in February this year.<\/p>\n

What bulls may view as good news is that the number of PI tokens stored on exchanges has been shrinking lately. Data shows that over 2.7 million coins have left such centralized platforms in the past 24 hours alone.<\/p>\n

This suggests that investors have shifted toward self-custody methods, which, in turn, reduces immediate selling pressure. Conversely, when the amount of PI tokens on exchanges is rising, this is usually seen as a pre-sale signal and a bearish factor for the price.<\/p>\n

Currently, a total of 427.2 million coins are stored on centralized platforms, with more than half of that situated on Gate.io. Bitget comes in second with approximately 145.1 million.<\/p>\n

<\/a>PI Tokens on Exchanges, Source: piscan.io<\/p>\n

PI\u2019s \u2018Biggest Risk\u2019<\/h2>\n

While some optimists believe the price of Pi Network\u2019s native token might indeed head north in the short term, others are rather pessimistic and think the team must first solve many issues.<\/p>\n

The X user pinetworkmembers argued<\/a> that PI\u2019s biggest risk isn\u2019t price, but its credibility. The commentator criticized Pi Network for its restricted transfers, unclear tokenomics and circulating supply, and for being \u201calmost ready\u201d for years.<\/p>\n

\u201cWithout open liquidity, independent verification, and real-world use that doesn\u2019t rely on internal marketplaces, it\u2019s hard to justify long-term value. Adoption without trust isn\u2019t decentralization \u2013 it\u2019s just scale,\u201d they added.<\/p>\n

Earlier this month, the X user shared<\/a> another critical post. They suggested that Pi Network began as an \u201cambitious idea\u201d but eventually turned into\u00a0\u201cyears of tapping a button, unclear timelines, shifting goals, and endless \u2018coming soon\u2019 updates.\u201d<\/p>\n

The post 2,700,000 PI Tokens in 24 Hours: Pi Network\u2019s Price to Pump Soon?<\/a> appeared first on CryptoPotato<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"

While Pi Network\u2019s native token has seen minimal volatility over the past week, one key factor suggests it might be gearing up for an upside move. However, some analysts are pessimistic that the price could rise soon, criticizing the project for its numerous flaws. Pump on the Horizon? As of this writing, PI trades at […]<\/p>\n","protected":false},"author":0,"featured_media":123866,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-123865","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/123865"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=123865"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/123865\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/123866"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=123865"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=123865"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=123865"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}