7.8M Pi Coins unlocking on April 19 could increase sell pressure, risking a price dip despite recent 6% rally.
Pi Coin not listed on Binance due to enclosed mainnet and unmet listing criteria, despite winning community vote.
Pi Coin is showing signs of life after climbing 6% in the past 24 hours. Itโs 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 rallyโbut 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 unlocksโaround 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 is overwhelmed by sellers. Demand hasnโt 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 BinanceโHereโs Why
Even after winning a community vote on Binance, Pi remains unlisted on the platform. Thatโs because the Pi Network is still running on an enclosed mainnet. Users canโt freely trade or transfer their coins yet.
Binance, like other major exchanges, requires projects to meet several conditions before listingโsuch as a full mainnet launch, strong liquidity, legal compliance, and clear transparency. Until Pi Network checks those boxes, itโs unlikely to be listed.
Never Miss a Beat in the Crypto World!
Stay ahead with breaking news, expert analysis, and real-time updates on the latest trends in Bitcoin, altcoins, DeFi, NFTs, and more.
FAQs
Pi Coin rose 6% to $0.64 due to renewed interest, but analysts warn the rally may not last with more coins unlocking soon.
Not yetโPi Network must launch its open mainnet and meet Binance’s listing standards before trading is allowed.