{"id":60231,"date":"2025-04-18T10:36:12","date_gmt":"2025-04-18T10:36:12","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=60231"},"modified":"2025-04-18T10:36:12","modified_gmt":"2025-04-18T10:36:12","slug":"what-lies-ahead-for-pi-networks-price-exploring-the-bullish-and-bearish-cases","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=60231","title":{"rendered":"What Lies Ahead for Pi Network\u2019s Price? Exploring the Bullish and Bearish Cases"},"content":{"rendered":"

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

Speculation grows around potential listings on major exchanges, which could significantly boost PI\u2019s exposure, accessibility, and price momentum.<\/p>\n

On the other hand, a massive token unlock of over 212 million PI is on the horizon, sparking concerns of sell-offs and added downward pressure on the valuation.<\/p>\n

<\/a><\/p>\n

Big-Name Backup on the Horizon?<\/h2>\n

Pi Network\u2019s native token, which finally saw the light of day<\/a> earlier this year, has plummeted substantially since the peak witnessed at the end of February. Recall that PI skyrocketed<\/a> to an all-time high of almost $3 back then, but currently it trades at around $0.61, marking a staggering 80% decline for the timeframe.
\n<\/span><\/p>\n

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

One essential factor that may spark a new rally is the additional support from leading exchanges. HTX (formerly known as Huobi) recently <\/span>uploaded<\/span><\/a> a cryptic post on its official X account. It shows a pyramid set against a backdrop of skyscrapers, with the PI logo subtly visible on one of the buildings.<\/span><\/p>\n

Headquartered in the Seychelles, HTX claims it serves more than 45 million users across over 160 countries. A listing on such a high-profile platform could significantly boost PI\u2019s liquidity and improve access, which could potentially lead to a price recovery.<\/span><\/p>\n

Meanwhile, OKX, Bitget, Gate.io, CoinEx<\/a>, BTCC, and others are among the trading venues that have already embraced the token in the past few months.\u00a0<\/span><\/p>\n

There were also rumors about possible listings on Binance and Coinbase.<\/span>\u00a0The former <\/span>issued<\/span><\/a> a community vote in February to determine whether its users want to see PI available on the platform. While <\/span>the vast majority of<\/span> voters clicked the \u201cyes\u201d option, Binance remains silent on the matter.\u00a0<\/span><\/p>\n

Paul Grewal (Coinbase\u2019s Chief Legal Officer) fueled<\/a> speculation with a playful nod to Pi Network in mid-March when saying:<\/span><\/p>\n

\u201cWe take PiDay at Coinbase very seriously.\u201d<\/span><\/p>\n

Contrary to his interaction, the token remains unavailable on the US-based crypto exchange.<\/span><\/p>\n

Beware of a Further Crash<\/span><\/h2>\n

The massive token unlock scheduled for the next few weeks may disappoint the bulls. As <\/span>CryptoPotato<\/span><\/em> previously <\/span>warned<\/span><\/a>, millions of PI will be unlocked in the short term, giving early adopters a chance to cash out and thus negatively impacting the price.<\/span><\/p>\n

Almost 10 million tokens are <\/span>scheduled<\/span><\/a> for release today (April 18), <\/span>while the total<\/span> unlocks in the next 30 days is set at over 212 million.<\/span> April 30 <\/span>is expected<\/span> to be the record day when <\/span>11.2 million PI will be freed <\/span>up<\/span>.\u00a0<\/span><\/p>\n

It\u2019s worth noting that the major token release accelerated at the start of the business week, <\/span>coinciding<\/span><\/a> with a double-digit drop in PI\u2019s price.<\/span><\/p>\n

The post What Lies Ahead for Pi Network\u2019s Price? Exploring the Bullish and Bearish Cases<\/a> appeared first on CryptoPotato<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"

TL;DR Speculation grows around potential listings on major exchanges, which could significantly boost PI\u2019s exposure, accessibility, and price momentum. On the other hand, a massive token unlock of over 212 million PI is on the horizon, sparking concerns of sell-offs and added downward pressure on the valuation. Big-Name Backup on the Horizon? Pi Network\u2019s native […]<\/p>\n","protected":false},"author":0,"featured_media":60232,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-60231","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\/60231"}],"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=60231"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/60231\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/60232"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=60231"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=60231"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=60231"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}