The post 7.8 Million Pi Coins Unlock Today: Price Jumps 6% appeared on BitcoinEthereumNews.com.

Pi Coin is showing signs of life after climbing 6% in the past 24 hours. It’s now trading at $0.64, and the move has sparked fresh interest from the Pi Network community. Some traders are wondering if this could be the start of a new rally—but not everyone is convinced. 7.8 Million Coins Unlocking Could Shift Momentum The price bump comes just ahead of a key event: 7.8 million Pi coins are set to unlock on April 19. This follows an ongoing trend of daily unlocks—around 6.8 million coins released each day. According to market analyst Dr. Altcoin, most of these newly unlocked coins are heading straight to centralized exchanges, increasing sell pressure. In the last few days, the amount of Pi available on exchanges has risen from 354 million to 368 million. Meanwhile, total circulating supply has reached 6.88 billion coins. The result? A market overwhelmed by sellers. Demand hasn’t been able to keep up, pushing the price down and making it harder for any rally to hold. Dr. Altcoin warned that if this trend continues, Pi could fall to $0.30 or even lower. However, he believes a recovery could begin around late August 2025, when the daily unlocking rate is expected to slow down significantly. Pi Still Not Listed on Binance—Here’s Why Even after winning a community vote on Binance, Pi remains unlisted on the platform. That’s because the Pi Network is still running on an enclosed mainnet. Users can’t freely trade or transfer their coins yet. Binance, like other major exchanges, requires projects to meet several conditions before listing—such as a full mainnet launch, strong liquidity, legal compliance, and clear transparency. Until Pi Network checks those boxes, it’s unlikely to be listed. Source: https://coinpedia.org/news/7-8-million-pi-coins-unlock-today-price-jumps-6/

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Filed under: News - @ April 19, 2025 5:18 am