{"id":82804,"date":"2025-07-22T13:01:39","date_gmt":"2025-07-22T13:01:39","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=82804"},"modified":"2025-07-22T13:01:39","modified_gmt":"2025-07-22T13:01:39","slug":"pi-network-pi-taps-a-new-ath-but-its-not-what-you-think","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=82804","title":{"rendered":"Pi Network (PI) Taps a New ATH, But It\u2019s Not What You Think"},"content":{"rendered":"

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

PI hit a new record in exchange balances, a potentially bearish signal that reflects increased immediate selling pressure.<\/span>
\nHowever, optimism is growing, with some analysts envisioning a price jump to $1 and even $4.<\/p>\n

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

The New Peak<\/h2>\n

Pi Network\u2019s PI has finally shown some resurgence in the past 24 hours, with its valuation soaring by 7% to the current $0.48 (per CoinGecko\u2019s data). However, it is not the asset\u2019s price that took center stage today (July 22).<\/span><\/p>\n

Latest data <\/span>shows<\/span><\/a> that the total number of PI tokens stored on cryptocurrency exchanges has hit a new all-time high of over 400 million. Gate.io leads the way with 191.1 million, followed by Bitget with approximately 138.3 million.<\/span><\/p>\n

This development is <\/span>actually<\/span> bearish and signals that the price may head south due to the increased immediate selling pressure.\u00a0<\/span><\/p>\n

The unlocks scheduled for the following weeks can also be interpreted as bad news for the bulls. Over 180 million tokens are <\/span>scheduled<\/span> for release in the next 30 days, with July 28 and July 29 being the record days.
\n<\/span><\/p>\n

<\/a>PI Token Unlocks, Source: piscan.io<\/p>\n

While it may not trigger a widespread sell-off, the move <\/span>gives investors the opportunity<\/span> to finally offload assets they\u2019ve been waiting for a long time.\u00a0<\/span><\/p>\n

The <\/span>Rally<\/span> to $1?<\/span><\/h2>\n

PI might be down over 80% from its all-time high of approximately $3, but its revival in the last 24 hours has reignited optimism among its supporters, fueling fresh optimistic predictions. X user MOON JEFF <\/span>thinks<\/span> the asset is trying to reclaim its glory, assuming that the <\/span>rally<\/span> to $1 might have started.<\/span><\/p>\n

$PI<\/a> is now trying to reclaim its glory. .
\nMany ALTs have been pumping but it has been left behind.
\nThe rally to one dollar might have just started. #PiNetwork<\/a> . pic.twitter.com\/z2ddUr4h5y<\/a><\/p>\n

\u2014 MOON JEFF (@CRYPTOAD00) July 22, 2025<\/a><\/p>\n\n

Another analyst <\/span>noted<\/span><\/a> that PI\u2019s latest pump comes shortly after Pi Network\u2019s team revealed the advancements of some of its features. Just a few days ago, the developers <\/span>disclosed<\/span><\/a> that more than 7,600 chatbot applications and 14,100 custom apps have been created and published by pioneers since <\/span>the launch of Pi App Studio<\/span><\/a>.<\/span><\/p>\n

Whale<\/span>.Guru<\/span> \u2013 an X user with almost 400,000 followers \u2013 is among the biggest optimists. Last week, the analyst <\/span>envisioned<\/span><\/a> a price explosion to $4, admitting they have turned from a PI hater to a proponent.\u00a0<\/span><\/p>\n

The post Pi Network (PI) Taps a New ATH, But It\u2019s Not What You Think<\/a> appeared first on CryptoPotato<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"

TL;DR PI hit a new record in exchange balances, a potentially bearish signal that reflects increased immediate selling pressure. However, optimism is growing, with some analysts envisioning a price jump to $1 and even $4. The New Peak Pi Network\u2019s PI has finally shown some resurgence in the past 24 hours, with its valuation soaring […]<\/p>\n","protected":false},"author":0,"featured_media":82805,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-82804","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\/82804"}],"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=82804"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/82804\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/82805"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=82804"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=82804"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=82804"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}