Saturday, August 16, 2025
  • Login
SB Crypto Guru News- latest crypto news, NFTs, DEFI, Web3, Metaverse
No Result
View All Result
  • HOME
  • BITCOIN
  • CRYPTO UPDATES
    • GENERAL
    • ALTCOINS
    • ETHEREUM
    • CRYPTO EXCHANGES
    • CRYPTO MINING
  • BLOCKCHAIN
  • NFT
  • DEFI
  • WEB3
  • METAVERSE
  • REGULATIONS
  • SCAM ALERT
  • ANALYSIS
CRYPTO MARKETCAP
  • HOME
  • BITCOIN
  • CRYPTO UPDATES
    • GENERAL
    • ALTCOINS
    • ETHEREUM
    • CRYPTO EXCHANGES
    • CRYPTO MINING
  • BLOCKCHAIN
  • NFT
  • DEFI
  • WEB3
  • METAVERSE
  • REGULATIONS
  • SCAM ALERT
  • ANALYSIS
No Result
View All Result
SB Crypto Guru News- latest crypto news, NFTs, DEFI, Web3, Metaverse
No Result
View All Result

Analyst holds $5 target for Pi Network ahead of major token release

by SB Crypto Guru News
April 22, 2025
in Analysis
Reading Time: 4 mins read
0 0
A A
0


Analyst holds  target for Pi Network ahead of major token release
  • The over $$138.252 million Pi Network token unlock on over the next 30 days may pressure Pi’s price.
  • Whales have moved 41M PI off exchanges, hinting at a rebound.
  • Analysts predict $5 target with market and ecosystem growth.

Pi Network token has had a rough patch recently, with the Pi Network price dipping 80% from its all-time high to around $0.63 and struggling to gain momentum amid daily token unlocks.

Despite the immense bearish pressure exerted by the token unlocks, a bold Pi Network price prediction has emerged from analysts, one of whom foresee the PI token climbing to an impressive $5.

🎉 $Pi to $5 journey just began. $PI has a very strong support at $0.6.
$5 is a very possible valuation.
Good utilities will push it up. #PiNetwork pic.twitter.com/qL7NjoHuvJ

— Pi Network News (@PiMigrate) April 20, 2025

Why the $5 Pi Network price prediction could be realistic

To start with, Pi Network price today sits at around $0.63 with a sturdy support at $0.60, a zone some experts believe could serve as a springboard for a breakout toward higher valuations.

Technical analysis reveals a double-bottom pattern with a neckline at $0.7857, hinting at a possible breakout, while price prediction models suggest a climb to $1.83 by May 2025; a 190% jump from today.

Adding fuel to the optimism, Pi Network founder Nicolas Kokkalis is slated to speak at Consensus 2025, a major crypto event, signaling a boost in credibility for the project amid the latest Pi Network news.

Notably, Kokkalis’ appearance at Consensus 2025 alongside crypto giants like Eric Trump and Bo Hines coincides with the unlock of 5.6 million tokens, a move that could either weigh on the price or be absorbed by growing demand, depending on market dynamics.

At the same time, Pi token whale activity is turning heads, with a single investor withdrawing 7.5 million PI token valued at $4.82 million from OKX, part of a broader $48 million accumulation now worth $31 million.

🚨BREAKING🚨#PiNetwork Update:

Another 7.5M $PI just bought from #OKX    and transferred to #PiWallet!

In the past few days alone, this whale has scooped up 48M+ $PI, valued at a staggering $31,000,000!

CEX supply is dropping fast — the squeeze is real! pic.twitter.com/t9bEe9Pqyl

— Pi News (@PiNewsMedia) April 21, 2025

From a broader perspective, whales have move approximately 41 million Pi tokens from crypto exchanges, signaling at massive accumulation.

Such large-scale accumulation suggests confidence in the Pi Network value, potentially foreshadowing a price surge as these investors position themselves ahead of key milestones.

Analysts also point to several drivers that could spur a potential recovery, including an improving cryptocurrency market, clearer Pi Network tokenomics, listings on top-tier exchanges, and broader ecosystem growth; all critical for the Pi Network price prediction to materialize.

A listing on exchanges like Binance or Coinbase could also ignite investor enthusiasm, pushing the Pi Network price beyond its stubborn resistance at $0.70, a level it has repeatedly failed to breach.

Beyond that, expanding real-world use cases for the PI token, such as applications or services accepting it, could solidify its utility and bolster long-term value.

Possible handles that could curtail Pi Network’s rise

The planned unlock of 219,065,154.07 tokens over the next 30 days and over 1.5 billion tokens over the next year raises concerns about dilution.

Pi Network token unlocks over the next month

And to make things worse, 35 billion PI tokens are held by insiders against 65 billion allocated to the community, a factor that could challenge the Pi Network price.

In addition, the Pi Network open mainnet launch problems, as users struggle to migrate to the mainnet, has limited exchange presence, keeping its market cap at $4.3 billion and its price in a holding pattern.

Nevertheless, the team has unveiled an elaborate Pi Network tokenomics with a total supply of 100 billion tokens; 65% allocated to community mining rewards, 10% to the foundation, 5% to liquidity, and 20% to the Core Team, and designed to scale with community migration to the mainnet.

This tokenomics structure aims to ensure fairness and prevent early dumping, tying the network’s progress to the speed of Pioneer adoption, a unique approach that could stabilize the Pi Network value over time.

In essence, while the 5.6 million tokens unlock poses a near-term risk, the $5 Pi Network price forecast hinges on Pi Network overcoming its challenges and capitalizing on its ecosystem expansion, making the Pi Network mainstream adoption a critical watchpoint.


Share this article

Categories

Tags





Source link

Tags: aheadAnalystBitcoin NewsCrypto NewsCrypto UpdatesHoldsLatest News on CryptoMajorNetworkReleaseSB Crypto Guru NewstargetToken
Previous Post

NFT Protocol Zora Sets To Launch A Fun Token Tomorrow April 23

Next Post

Crypto Analyst Reveals When The XRP Price Will Reach $25 – It’s Not Far Off

Related Posts

Analyst Predicts Surge To  If This Happens

Analyst Predicts Surge To $13 If This Happens

by SB Crypto Guru News
August 16, 2025
0

Oliver Michael, the CEO of Tokentus, has again provided a bullish outlook for XRP. This time, he predicted that the...

Market Expert Reveals Why XRP Price At ,000 Is Not A Possibility

Market Expert Reveals Why XRP Price At $1,000 Is Not A Possibility

by SB Crypto Guru News
August 15, 2025
0

A leading market analyst is warning XRP holders that dreams of a $1,000 price tag are far from reality. The...

HYPE rallies 10% as Hyperliquid smashes records with B volume and .7M fees

HYPE rallies 10% as Hyperliquid smashes records with $29B volume and $7.7M fees

by SB Crypto Guru News
August 15, 2025
0

The DEX’s 24-hour trading volume tops $29B, the highest ever. The $7.7 million in daily fees indicates significant user engagement...

XRP price down 3.95% in 24 hours as market liquidations exceed  billion

XRP price down 3.95% in 24 hours as market liquidations exceed $1 billion

by SB Crypto Guru News
August 15, 2025
0

Single-hour volume hits 436.98M units, one of Q3’s highest. Support holds at $3.05–$3.09 amid heavy selling. Resistance at $3.13 and...

Solana (SOL) Defends Critical Support Zone, Preparing for Next Major Increase?

Solana (SOL) Defends Critical Support Zone, Preparing for Next Major Increase?

by SB Crypto Guru News
August 15, 2025
0

Aayush Jindal, a luminary in the world of financial markets, whose expertise spans over 15 illustrious years in the realms...

Load More
Next Post
Crypto Analyst Reveals When The XRP Price Will Reach  – It’s Not Far Off

Crypto Analyst Reveals When The XRP Price Will Reach $25 – It’s Not Far Off

New Bill Targets Crypto Tax Loophole in Puerto Rico

New Bill Targets Crypto Tax Loophole in Puerto Rico

Facebook Twitter LinkedIn Tumblr RSS

CATEGORIES

  • Altcoin
  • Analysis
  • Bitcoin
  • Blockchain
  • Crypto Exchanges
  • Crypto Updates
  • DeFi
  • Ethereum
  • Metaverse
  • Mining
  • NFT
  • Regulations
  • Scam Alert
  • Uncategorized
  • Web3

SITE MAP

  • Disclaimer
  • Privacy Policy
  • DMCA
  • Cookie Privacy Policy
  • Terms and Conditions
  • Contact us

Copyright © 2022 - SB Crypto Guru News.
SB Crypto Guru News is not responsible for the content of external sites.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • HOME
  • BITCOIN
  • CRYPTO UPDATES
    • GENERAL
    • ALTCOINS
    • ETHEREUM
    • CRYPTO EXCHANGES
    • CRYPTO MINING
  • BLOCKCHAIN
  • NFT
  • DEFI
  • WEB3
  • METAVERSE
  • REGULATIONS
  • SCAM ALERT
  • ANALYSIS

Copyright © 2022 - SB Crypto Guru News.
SB Crypto Guru News is not responsible for the content of external sites.