CoinRSS: Bitcoin, Ethereum, Crypto News and Price Data

  • CONTACT
  • MARKETCAP
  • BLOG
CoinRSS: Bitcoin, Ethereum, Crypto News and Price Data
  • BOOKMARKS
  • Blockchain
  • Crypto
    • Bitcoin
    • Ethereum
    • Forex
    • Tether
  • Market
    • Binance
    • Business
    • Investor
    • Money
    • Trading
  • News
    • Coinbase
    • Mining
    • NFT
    • Stocks
Reading: 5.6M Pi tokens unlock today – Will it trigger a breakout on the charts?
Share
You have not selected any currencies to display
CoinRSS: Bitcoin, Ethereum, Crypto News and Price DataCoinRSS: Bitcoin, Ethereum, Crypto News and Price Data
0
Font ResizerAa
  • Blockchain
  • Crypto
  • Market
  • News
Search
  • Blockchain
  • Crypto
    • Bitcoin
    • Ethereum
    • Forex
    • Tether
  • Market
    • Binance
    • Business
    • Investor
    • Money
    • Trading
  • News
    • Coinbase
    • Mining
    • NFT
    • Stocks
Have an existing account? Sign In
Follow US
© Foxiz News Network. Ruby Design Company. All Rights Reserved.
CoinRSS: Bitcoin, Ethereum, Crypto News and Price Data > Blog > News > 5.6M Pi tokens unlock today – Will it trigger a breakout on the charts?
News

5.6M Pi tokens unlock today – Will it trigger a breakout on the charts?

CoinRSS
Last updated: April 21, 2025 6:43 pm
CoinRSS Published April 21, 2025
Share

Contents
Pi token unlock – What you need to knowPast unlocks show mixed reactions as roadmap concerns mountPI price outlook
  • 5.6M Pi tokens will be unlocked today as part of a larger 1.56 billion annual release schedule
  • Sentiment has weakened lately amid roadmap confusion, with $0.60 support at risk too

With 5.6 million Pi Network tokens scheduled to be unlocked today, market watchers are split – Will this influx spark renewed momentum, or trigger a wave of profit-taking?

Well, the price action so far has held firm at the $0.60 support level, but the coming hours could define the short-term trajectory. As holders weigh their next move, the community is preparing for heightened volatility and potentially, a shift in sentiment.

Pi token unlock – What you need to know

Today’s 2.8 million PI token unlock may seem modest, but it’s just the tip of the iceberg. Throughout April 2025, over 108.9 million PI tokens are set to be released, according to data from PI Scan.

This month marks the beginning of an aggressive unlock schedule that will see more than 1.56 billion PI tokens enter circulation over the next year.

Pi NetworkPi Network

Source: Pi Scan

Monthly unlocks are expected to average 134.39 million tokens, peaking in December 2027 with a massive 432.3 million release.

With 190.9M, 226.6M, and 233.4M tokens scheduled for May, June, and July respectively, supply pressure could steadily build – Testing investor conviction.

Past unlocks show mixed reactions as roadmap concerns mount

PI’s token unlocks have had unpredictable market impact. The 19 April unlock of 7.8 million tokens led to a 6% price hike, suggesting bullish sentiment. On the contrary, the 16 April release of 2.8 million tokens triggered a price dip of over 2%, highlighting how supply shifts can quickly impact market dynamics.

However, sentiment is now being shaped by more than just token flows.

Pi Network’s long-awaited migration roadmap was meant to usher users into the open Mainnet era. Instead, vague timelines and inconsistent token visibility have sparked confusion. Many “pioneers” are voicing frustration over the lack of clarity on when their tokens become usable – Adding pressure to a community already bracing for more supply.

PI price outlook

At press time, Pi Coin was hovering just above $0.63 after shedding over 75% of its early March gains. The RSI sat at 43.8, indicating muted momentum and keeping the asset in neutral territory – Neither oversold nor ripe for a rebound.

Meanwhile, the OBV has steadily declined to -13.66M, reflecting weakening buying pressure amid steady sell-offs.

Pi NetworkPi Network

Source: TradingView

With no strong volume support and broader market uncertainty around unlocks, the $0.60 support zone could face a test. A breakdown below might open the door to further downside unless bullish conviction returns swiftly.

Previous: Assessing if $400 is a realistic price level for TAO crypto
Next: Bitcoin’s price chart looks like 2018 – Should traders expect another bull cycle in 2025?

Source link

You Might Also Like

Czech Government Faces No-Confidence Vote Over $45M Bitcoin Scandal

Stacks surges by 11% in 24 hours: Is $3 next for STX?

There’s Now $3.6 Billion Worth of Bitcoin Deposited on Babylon Chain

Crypto Hacks Nearly Match 2024 Total Thanks to $1.4 Billion Bybit Theft

Kentucky Joins South Carolina, Vermont in Dismissing Coinbase Lawsuits

Sign Up For Daily Newsletter

Be keep up! Get the latest breaking news delivered straight to your inbox.
By signing up, you agree to our Terms of Use and acknowledge the data practices in our Privacy Policy. You may unsubscribe at any time.
Share This Article
Facebook Twitter Email Copy Link Print
Previous Article Assessing if $400 is a realistic price level for TAO crypto
Next Article This Week in Crypto Games: Solana Game Pass, ‘Ponzi’ Games Pop, SEC and CyberKongz
Leave a Comment

Leave a Reply Cancel reply

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

Recipe Rating




Follow US

Find US on Socials
FacebookLike
TwitterFollow
YoutubeSubscribe
TelegramFollow
Subscribe to our newslettern

Get Newest Articles Instantly!

- Advertisement -
Ad image
Popular News
BlackRock buys $357 mln in BTC, ETH amid shifting whale sentiment
BTC Price will Hit $100K before Bitcoin Sweeps $30K Lows
Crypto Bahamas: Regulations Enter Critical Stage as Gov’t Shows Interest

Follow Us on Socials

We use social media to react to breaking news, update supporters and share information

Twitter Youtube Telegram Linkedin
CoinRSS: Bitcoin, Ethereum, Crypto News and Price Data coin-rss-logo

We influence 20 million users and is the number one business blockchain and crypto news network on the planet.

Subscribe to our newsletter

You can be the first to find out the latest news and tips about trading, markets...

Ad imageAd image
© CoinRSS: Bitcoin, Ethereum, Crypto News and Price Data. All Rights Reserved.
Welcome Back!

Sign in to your account

Username or Email Address
Password

Lost your password?