Pi Coin shows signs of life after climbing 6% in the last 24 hours. It is currently trading at $0.64, and the move has sparked new interest from the PI network community. Some traders think this will mark the start of a new rally, but not everyone is sure.
Unlocking 7.8 million coins could change momentum
The price bump is located just in front of important events. 7.8 million PI coins are set to be unlocked on April 19th. This follows the ongoing trend of daily unlocking.
Market analyst Dr. Altcoin said most of these newly unlocked coins are heading directly towards centralized exchanges, leading to increased selling pressure. Over the past few days, the amount of PI available on the exchange has increased from 354 million to 338 million. Meanwhile, the total circulation supply reached 6.888 billion coins.
result? A market overwhelmed by sellers. Demand can’t keep up, pushing prices down and making it difficult for rallies to be held.
Dr. Altcoin warned that if this trend continues, Pi could drop below $0.30. However, he believes recovery could begin around late August 2025, when daily unlock rates are expected to drop significantly.
The PI is not listed in Binance yet. Here’s a reason
Even after winning community votes on Binance, Pi is not listed on the platform. This is because the PI network is still running on the enclosed mainnet. Users are not yet able to trade or transfer coins freely.
Binance, like other major exchanges, requires projects that meet some criteria before listing. This includes full mainnet launches, strong liquidity, legal compliance, clear transparency, and more. It is unlikely that they will be listed until the PI network checks these boxes.
