{"id":63390,"date":"2025-05-01T11:11:17","date_gmt":"2025-05-01T11:11:17","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=63390"},"modified":"2025-05-01T11:11:17","modified_gmt":"2025-05-01T11:11:17","slug":"top-pi-network-pi-price-predictions-as-token-unlocks-slow-down-this-month","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=63390","title":{"rendered":"Top Pi Network (PI) Price Predictions as Token Unlocks Slow Down This Month"},"content":{"rendered":"

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

Pi Network (PI) jumped in the past 24 hours, and here are some of the latest predictions about its future price performance.<\/p>\n

Heavy token unlocks may have weighed on PI\u2019s price in recent weeks, but the pace is set to slow after mid-May, potentially easing selling pressure.<\/p>\n

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

PI on the Move<\/h2>\n

After several days of downward trading, Pi Network (PI) <\/span>finally managed to chart some gains in the past day.<\/span> Its price has spiked by 6.5% in the past 24 hours, currently trading at around $0.61 (per CoinGecko\u2019s data). <\/span>In fact,<\/span> PI has outperformed leading cryptocurrencies like Bitcoin (BTC), Ethereum (ETH), and Solana (SOL), which are also in the green on a daily scale but have recorded less substantial increases.\u00a0<\/span><\/p>\n

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

Somewhat <\/span>expected<\/span>, the resurgence has infused enthusiasm across the Pi Network community, with some members envisioning a further jump in the short term. <\/span>One X user <\/span>noted<\/span><\/a> that <\/span>PI has been consolidating in the $0.50-$0.70 range lately, labeling it as \u201ca good accumulation zone.\u201d<\/span> That said,<\/span> they believe it\u2019s now \u201ctime for a pump,\u201d setting a target of $5.<\/span><\/p>\n

MOON JEFF, who often touches upon the matter, <\/span>shared<\/span><\/a> a similar thesis. He described the token\u2019s chart as bullish, claiming someone is \u201cbuying hard.\u201d\u00a0<\/span><\/p>\n

Additionally,<\/span> Pi News (an X account dedicated to presenting news involving Pi Network) suggested<\/a> that \u201cPI can go beyond your imagination anytime.\u201d<\/span> The theory <\/span>is based<\/span> on the assumption that anything is possible in the cryptocurrency sector, citing the recent price explosion of ALPACA, which soared<\/a> by over 2,000% within a week before it crashed just as fast.<\/span><\/p>\n

Unlocks to Cool Down<\/span><\/h2>\n

Over the past several weeks, <\/span>there has been a major unlock of PI tokens<\/span>.<\/span> The record day was April 30, when <\/span>over 11 million coins were freed <\/span>up<\/span>. These developments could have been among the reasons suppressing PI\u2019s price at a time when BTC and many leading altcoins were charting significant rallies. After all, this <\/span>gave some investors the opportunity<\/span> to sell tokens they\u2019ve been waiting for a long time.\u00a0<\/span><\/p>\n

It is important to note that the unlocks will remain relatively high in the short term, but there will be an evident slowdown after that. The last day when more than 10 million tokens <\/span>are <\/span>scheduled<\/span><\/a> for release is May 8, while by the end of the month, the number <\/span>is expected<\/span> to drop below 6 million.\u00a0<\/span><\/p>\n

Meanwhile, the current circulating supply of PI is just <\/span>south of<\/span> 7 billion, and over 70% of that amount remains in the form of locked mining rewards.<\/span>\u00a0<\/span><\/p>\n

The post Top Pi Network (PI) Price Predictions as Token Unlocks Slow Down This Month<\/a> appeared first on CryptoPotato<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"

TL;DR Pi Network (PI) jumped in the past 24 hours, and here are some of the latest predictions about its future price performance. Heavy token unlocks may have weighed on PI\u2019s price in recent weeks, but the pace is set to slow after mid-May, potentially easing selling pressure. PI on the Move After several days […]<\/p>\n","protected":false},"author":0,"featured_media":63391,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-63390","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\/63390"}],"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=63390"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/63390\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/63391"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=63390"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=63390"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=63390"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}