Crypto News

Pi Network News: Crypto Expert Predicts an Explosive Pi Coin Rally

With the price of the PI network coin was combined -including between $ 0.53 to $ 9.69 in the last 3 weeks, it was difficult to break above $ 0.82, even in the Bitcoin's bullish run that hit $ 95K. However, this may change as soon as possible. The well -known crypto expert Dr. Altcoin predicts that the Pi Coin rally may begin during the highly expected consent starting on 14 May 2025.

PI price rally to come to Consensus Summit

In his latest X post, Dr Altcoin said he felt a bit confident that pi bomb price could begin during the highly expected hopes of construction, which is happening, which is happening from May 14 to May 16, 2025.

Blockchain's global event combines -includes the biggest names in the crypto, which offers PI a perfect stage to shine. He believes that even little positive news such as new partnerships, primary updates, or ecosystem growth announced during this event can create a rush of excitement.

So, if the PI network is getting proper attention, it can lead to a major price rally even before August.

Pi unlocking easily after August

Although, this is a surprise for many because the previous expectations are tied at the end of August, a time when a large amount of PI coins will end unlocking, creating less pressure sale.

According to In the PiscanThe beginning of August will see the release of PI tokens that have fallen for about half. In August, only $ 132.5 million worth of PI tokens will be released. September will see $ 115.2 million, October $ 89.5 million, and November $ 85.9 million.

Pi coin price outlook

So far, the PI network coin is trading at $ 0.63, reflecting a drop of 1.3% seen in the last 24 hours. The coin has been combined recently, trading between resistance to $ 0.68 and support of $ 0.61.

If the price breaks above $ 0.68, it can mark the beginning of a fresh rally. The next resistance levels to watch are $ 0.789 and $ 0.85.

If the upward momentum continues, the PI coin can aim for $ 1.03, the first time more than $ 1 since last month.

Related Articles

Leave a Reply

Your email address will not be published. Required fields are marked *

Back to top button

Adblocker Detected

Please consider supporting us by disabling your ad blocker