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Pi Network Set to Unlock 231 Million PI Coins—Will Prices Plummet?

Over the next 9 days, more than 10 million tokens will be unlocked daily

May 8, 2025
in Coins, Mining, News
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Pi Coin Faces Key Moment as Massive Token Unlocks Loom

A significant number of Pi tokens are set to be unlocked in the coming days, potentially increasing selling pressure in the market. Starting May 6, 2025, millions of tokens will be released daily. On May 6 alone, over 10.5 million tokens valued at approximately $5.87 million entered circulation.

This trend will continue, with more than 231 million tokens expected to be unlocked in May and another 222 million in June. In total, more than 1.4 billion new Pi tokens—worth over $850 million—will become available over the next year.

These large-scale unlocks may encourage early holders to sell their tokens. Without sufficient demand to counterbalance the supply increase, Pi Coin’s price could face downward pressure. Currently, it trades at approximately $0.5802, marking an 80% decline from its all-time high.

Pi Coin has seen lower trading volume recently, remaining within a narrow price range since early April. This pattern suggests it may be in the “accumulation” phase of the Wyckoff Market Cycle—where investors gradually build positions ahead of a potential breakout.

Despite the selling pressure from upcoming token unlocks, there are positive signs for Pi Network. The platform has reached 120 million app downloads, reflecting strong user interest. Additionally, speculation is growing about possible exchange listings. HTX (formerly Huobi) has hinted at a listing, and Pi has appeared on test pages for Binance, though no official confirmation has been made. A Binance listing would boost liquidity and attract more buyers.

Some Pi coin enthusiasts have set extraordinarily high price targets, with some predicting it could reach $314,159, an ambitious milestone. Analysts suggest that if Pi can break past the resistance level of $0.7932, it may have a chance to hit $1. However, given current market conditions, achieving this level in the short term presents a significant challenge.

Tags: Cryptocurrencypi coin

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