Top Pi Network (PI) Price Predictions Highlight Impact of Token Unlock Slowdown
02.05.2025 11:14
Pi Network (PI) experienced a 6.5% price surge in the past 24 hours, trading around $0.61, despite recent heavy token unlocks that weighed on its price. The news reveals that while significant token unlocks have led to selling pressure in recent weeks, the pace is expected to slow after mid-May, potentially reducing the selling pressure. Community sentiment is bullish with some analysts targeting a jump to $5 and influencers like MOON JEFF labeling the chart as bullish. The easing unlock schedule has ignited renewed optimism within the Pi Network community, with a notable planned event on May 8, 2025, when over 10 million tokens are set to be unlocked. This event, although it may bring short-term volatility, is likely to be followed by a decrease in unlocking volume by the month’s end, which could support a more sustained price rally. The juxtaposition of short-term volatility from early unlocks and a promising outlook with reduced future unlock pressure shapes a complex yet generally positive scenario for PI.
PI’s price is expected to benefit from bullish community sentiment and a scheduled slowdown in token unlocks. The recent surge combined with potential easing of selling pressure after mid-May could create an environment for a sustained rally. Short-term volatility may persist due to the upcoming unlock event, but the overall trend points towards a positive price movement, supported by strong influencer endorsements and market expectations.
Sources
Pi Network Price Prediction: Will $139M Token Unlocks Shake Up Pi Coin?
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