{"id":57719,"date":"2025-04-08T17:17:49","date_gmt":"2025-04-08T17:17:49","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=57719"},"modified":"2025-04-08T17:17:49","modified_gmt":"2025-04-08T17:17:49","slug":"major-warning-for-pi-network-price-heres-what-can-trigger-a-new-pi-crash","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=57719","title":{"rendered":"Major Warning for Pi Network Price: Here\u2019s What Can Trigger a New PI Crash"},"content":{"rendered":"

TL;DR<\/strong><\/p>\n

With over 160M PI set to be unlocked this month and millions of tokens recently moved to exchanges, selling pressure could intensify further.<\/span>
\nWhile community hopes of $3.14 or even $314 remain, analysts warn that a price drop toward $0.314 appears far more realistic.<\/p>\n

<\/a><\/span><\/h2>\n

More Pain Ahead for the Bulls?<\/h2>\n

Pi Network\u2019s native token plummeted to an all-time low of under $0.40 on April 5. Just a day later, though, it <\/span>spiked<\/span><\/a> substantially to almost $0.75 before retracing to the current $0.57 <\/span>as the broader crypto market slumped<\/a><\/span> at the start of the week.<\/span><\/p>\n

<\/a>PI Price, Source: CoinGecko<\/p>\n

One <\/span>important<\/span> factor suggesting a further plunge in the short term is the scheduled unlock of tokens. Data <\/span>shows<\/span><\/a> that almost 1.5 million PI <\/span>are about to<\/span> be released today (April 8). The total number of tokens unlocked throughout the <\/span>ongoing<\/span> month will be over 160 million (worth approximately $92 million at current rates).<\/span><\/p>\n

The record day <\/span>is expected<\/span> to be April 18, when <\/span>9.8 million PI will be freed <\/span>up<\/span>. <\/span>The substantial unlock this month<\/span> may be followed by a price decline should investors decide to dispose of their long-awaited assets.<\/span><\/p>\n

Currently, PI\u2019s circulating supply stands at roughly 6.8 billion tokens, but more than 5.1 billion remain <\/span>in the form of<\/span> locked mining rewards.<\/span><\/p>\n

In addition to the scheduled <\/span>unlocks,<\/span> industry participants have supposedly <\/span>moved<\/span><\/a> 2 million tokens to exchanges in the past 24 hours. Such actions indicate an upcoming cash-out, which may amplify selling pressure and drag down PI\u2019s valuation.<\/span><\/p>\n

What\u2019s Next: ATH or ATL?<\/span><\/h2>\n

Speaking of price predictions, one X user recently <\/span>told<\/span><\/a> his over 80,000 followers that PI\u2019s <\/span>huge<\/span> decline in the past month resembles more \u201ca dump\u201d than \u201ca dip.\u201d They also asked if the price <\/span>will<\/span> first<\/span> reach $0.314 or $3.14.<\/span><\/p>\n

The depicted targets <\/span>are <\/span>symbolic <\/span>to<\/span> the Pi community as they remind o<\/span>f <\/span>the mathematical constant \u03c0 \u2248 3.14. <\/span>Currently,<\/span> plunging to $0.314 seems much more realistic than ascending to the upper level.<\/span><\/p>\n

Several months ago, some optimists <\/span>assumed<\/span><\/a> that the price could <\/span>one day<\/span> skyrocket to $314. It\u2019s worth mentioning that such a high valuation would require the asset\u2019s market capitalization to explode to multi-trillion territory, making the forecast highly implausible and even ridiculous (at least as of now).<\/span><\/p>\n

The post Major Warning for Pi Network Price: Here\u2019s What Can Trigger a New PI Crash<\/a> appeared first on CryptoPotato<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"

TL;DR With over 160M PI set to be unlocked this month and millions of tokens recently moved to exchanges, selling pressure could intensify further. While community hopes of $3.14 or even $314 remain, analysts warn that a price drop toward $0.314 appears far more realistic. More Pain Ahead for the Bulls? Pi Network\u2019s native token […]<\/p>\n","protected":false},"author":0,"featured_media":57720,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-57719","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\/57719"}],"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=57719"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/57719\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/57720"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=57719"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=57719"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=57719"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}