Hold onto your wallets, folks! Pi Coin is back from the dead, rising a whopping 6% in the last 24 hours. Itās now strutting its stuff at $0.64, and the Pi Network community is buzzing like a caffeinated squirrel. Some traders are whispering sweet nothings about a potential rally, while others are rolling their eyes like they just heard a dad joke. š
7.8 Million Coins Unlocking Could Shift Momentum
Just when you thought it couldnāt get any more exciting, 7.8 million Pi coins are set to unlock on April 19. Thatās right, folks! Itās like a piƱata party, but instead of candy, we get coinsālots and lots of coins. This follows the trend of daily unlocks, with about 6.8 million coins being released each day. Who knew Pi could be so generous? š°
According to our resident market guru, Dr. Altcoin (who definitely has a PhD in crypto drama), most of these shiny new coins are heading straight to centralized exchanges, which is like sending your prized possessions to a yard sale. The amount of Pi available on exchanges has jumped from 354 million to 368 million. Meanwhile, the total circulating supply is now a staggering 6.88 billion coins. Thatās a lot of Pi! š„§
The result? A market thatās more overwhelmed than a cat in a room full of laser pointers. Demand is playing hard to get, and the price is feeling the pressure, making it harder for any rally to hold on for dear life.
Dr. Altcoin warns that if this trend keeps up, we might see Pi tumble down to $0.30 or even lower. But donāt lose hope just yet! He believes a recovery could kick off around late August 2025, when the daily unlocking rate is expected to slow down. So, mark your calendars, folks! š
Pi Still Not Listed on BinanceāHereās Why
Even after winning a community vote on Binance (cue the confetti), Pi is still playing hard to get and remains unlisted. Why, you ask? Because the Pi Network is still stuck in an enclosed mainnet, like a kid who canāt leave the playpen. Users canāt trade or transfer their coins yet, which is a bit of a buzzkill.
Binance, like that strict parent who wonāt let you go to the party until your room is clean, requires projects to meet several conditions before listingālike a full mainnet launch, strong liquidity, legal compliance, and transparency. Until Pi Network checks those boxes, itās unlikely to get that golden ticket. šļø
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2025-04-19 08:07