Bitcoin took one year to get priced and another year to reach $1. Now, 15 years later, it trades at around $85,000. This journey demonstrates the potential of digital currencies when given time to mature. Similarly, Pi took 6 years to reach mainnet, and though only a few months into its public trading life, it’s showing promising signs of following a similar trajectory.
P.Dot noted in a tweet that selling $Pi now for $0.75 is comparable to selling Bitcoin for less than $0.01 in 2009, suggesting those who hold through market fluctuations may see substantial rewards.
The cryptocurrency market witnessed a significant sell-off for Pi, with the price dropping from approximately $0.74 to $0.62. This abrupt decline created a steep red candle with high volume, followed by a smaller green candle indicating some buyers entering the market. Such patterns often signal large volume dumps, potentially from whales or insiders.
A price anlysis done by Moon Jeff paint a similar picture. The moving averages—MA5 (yellow), MA10 (red), and MA30 (purple)—all slope downward, confirming short-term bearish momentum. The price falling below key short-term moving averages represents a classic breakdown pattern that traders should note.
Understanding the Impact of Token Unlocks on Pi Price Volatility
The high trading volume during this sell-off suggests either panic selling or a coordinated dump, likely due to token unlocks or internal selling pressure. When token unlocks begin, several scenarios typically unfold:
Private sale participants or early investors often realize profits after their tokens become available. The market sometimes struggles to absorb this sudden supply increase, causing a liquidity shock that temporarily depresses prices.
The identity of those selling Pi tokens remains a topic of speculation. Venture capitalists and early backers might be exiting positions to lock in profits. Team wallets could be offloading tokens as part of planned distributions. Additionally, traders might be reacting to uncertainty or news related to token unlocks.
It took Bitcoin 1 year to get priced and another year to hit $1 – 15 years later, $85,000$Pi took 6 years to hit mainnet, and it is only 3 months old.
— P. Dot (@PandysPlace) April 15, 2025
Don't let dips scare you. $Pi has the potential to make everyone pioneers financially free.
Selling $Pi now for $0.75 is… pic.twitter.com/8LbLms5U0i
Despite current market volatility, some community members maintain strong conviction in Pi future, with ambitious price targets like $5. While such a target represents significant growth from current levels, cryptocurrency history has shown that dramatic price appreciation is possible with the right combination of utility, adoption, and market conditions.
For those with long-term conviction in the project, current dips may represent buying opportunities. However, the technical chart suggests more downside or sideways movement before a substantial recovery can take place.
Read Also: Why Sonic Coin (S) Could Surge in 2025
The current sell-off appears linked to unlock-related selling, creating bearish market structure in the short term. While relief bounces are possible, substantial price targets like $5 remain long-term goals rather than immediate expectations. The future value of Pi price will ultimately depend on three critical factors: widespread adoption, practical utility within and beyond its ecosystem, and how effectively the project manages token unlocks and distribution. These elements will determine whether Pi price can indeed follow Bitcoin’s extraordinary path to mainstream financial relevance.
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The information provided on Web3parrot.com is for general informational purposes only and are opinions of the expert writers. They are not intended as financial, investment, or trading advice. Please do your own research and consult with a licensed financial advisor before making any financial decisions.
