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Categories:

Hot right now:

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Coinsurges provides coverage of fintech, blockchain, and Bitcoin, delivering the most recent news and analyses on the future of money. Stay up-to-date with live prices, charts, and trading options for the top exchanges. Keep track of the day's top cryptocurrency gainers and losers, as well as which coins have experienced gains and losses in the past 24 hours.
Trust Coinsurges as your go-to source for all news and updates in the industry.

PI Token Unlock: 2.8M Tokens Hit the Market Today – Another Pi Coin Price Dip Coming?

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The post PI Token Unlock: 2.8M Tokens Hit the Market Today – Another Pi Coin Price Dip Coming? appeared first on Coinpedia Fintech News

One of the most anticipated token unlocks of April is happening today, as PI Network prepares to release 2.8 million PI tokens into circulation. With the price currently sitting 79.62% below its all-time high, investors are watching closely to see how the market reacts.

PI Token Unlock: What You Should Know 

According to PI Scan, a real-time blockchain explorer, approximately 2.8 million tokens are being unlocked today. 

In April 2025, at least 108.9 million PI tokens will be unlocked. In the next 12 months, over 1,566,790,905 PI tokens will be unlocked. 

The average monthly unlock is 134,391,107.35 PI tokens. In December 2027, the PI market will see the highest monthly unlock of 432,305,091 PI tokens. 

PI Price Action: A General Analysis 

On February 20, the price of PI was $0.1071. Within the first seven days of its market debut, the token surged by an impressive 2,688.79%, briefly crossing the crucial $3 mark on February 26.

However, since February 27, the PI market has seen a gradual decline in momentum. Between February 27 and April 4, the price dropped by 81.58%.

Since April 5, the market has been oscillating between $0.4040 and $0.7894. As of now, PI is trading at $0.6174.

Token Unlock and Its Possible Influence on PI   

Token unlocks can significantly influence market sentiment and price action, especially for new and volatile assets like PI. As 2.8 million PI tokens enter circulation today, short-term price pressure is possible due to increased supply. 

The circulating supply of PI currently is 6,880,758,128, and its market cap is $4,175,043,691. 

While some investors may view unlocks as a dilution risk, others may see it as a sign of project transparency and maturity. 

With over 1.5 billion tokens set to unlock in the next year, market participants should closely monitor how these events impact liquidity, investor behavior, and price stability. 

As per PI Scan, in May, 190.9 million PI tokens will be unlocked. In June and July, around 226.6 million and 233.4 million PI tokens will be unlocked, respectively.      

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FAQs

Will the PI token unlock affect its price?

Yes, token unlocks can create short-term price pressure due to increased supply, especially in a volatile and speculative market.

Is Pi coin a good investment?

If the bullish sentiment sustains, the PI value could reach as high as $2.1007 this year.

Where can I buy Pi Coin now?

Pi Coin is available on exchanges like OKX, Bitget, and Gate.io, with potential for more listings coming.

  

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