• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M

Pi Network: Token Flow and Short-Term Price Fluctuations

user avatar

by Giorgi Kostiuk

9 hours ago


The Pi Network token (PI) is showing slight recovery; however, concerns about selling pressure and subsequent market changes persist.

Overview of PI Prices

At the time of publication, Pi Network prices are at $0.4755, up 3.08% from the previous day. However, the token has lost 5.54% over the last week. Market capitalization is $3.62 billion, with a 24-hour trading volume of $78.8 million. Prices fluctuated between $0.4612 and $0.4738 in the last 24 hours and from $0.4477 to $0.5053 over the week. The current trend remains bearish, with important resistance around $0.50.

Exchange Activity and Upcoming Token Unlocks

Crypto analyst Moon Jeff has reported that 376 million PI tokens are currently held on exchanges, with 177 million on Gate.io. He noted, "All these coins are from pioneers who are bringing the selling pressure." In the upcoming month, over 246 million tokens are expected to be unlocked, which may increase market pressure. Recent statistics show that the PI token has lost nearly 70% of its value over two months.

Future Prospects for PI

Maintaining support above $0.44 is crucial for any bullish continuation. If the token can break above $0.50, it may test higher levels around $0.5486 and $0.6506. However, the current Stochastic RSI indicator reflects an overbought condition, suggesting a potential price pullback or consolidation before any upward movement.

Given the factors presented, the outlook for Pi Network remains uncertain. As assets continue to populate exchanges, price pressures could limit token recovery.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

Other news

Bitcoin Reaches New All-Time High: What Does It Mean for the Market?

chest

Bitcoin has recorded a new high at $113,804, driven by increasing institutional interest and external economic factors.

user avatarGiorgi Kostiuk

Cryptocurrency Market: XRP on the Agenda According to Oscar Ramos

chest

Analyst Oscar Ramos urges an immediate focus on XRP amidst positive market conditions and the launch of new ETFs.

user avatarGiorgi Kostiuk

Ethereum Rises by 4.5%: Crypto Market Updates

chest

Cryptocurrency prices are on the rise, with Ethereum increasing by 4.5% despite potential fluctuations.

user avatarGiorgi Kostiuk

PEPESCAPE Introduces $PESC Token and DeFi Ecosystem Presale

chest

Today marks the launch of the $PESC token presale by PEPESCAPE, a new project in the DeFi space offering decentralized financial tools.

user avatarGiorgi Kostiuk

BIT Mining to Raise $300M for Solana and Shift Strategy

chest

BIT Mining aims to raise $300 million and convert its holdings to Solana, highlighting a strategic pivot in the cryptocurrency industry.

user avatarGiorgi Kostiuk

Overview of TKL’s Gold Price Forecast and Economic Conditions

chest

Analysts reassess their economic outlook as TKL predicts gold prices could rise to $5000 with Fed rate cuts.

user avatarGiorgi Kostiuk
dapp expert logo
© 2020-2025. DappExpert. All rights reserved.
© 2020-2025. DappExpert. All rights reserved.

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.