Pi Network sees a major listing on BTCC Exchange and recent market trends hint towards a potential Pi Coin price rally to $1 ahead.
The Pi Network (PI) has made a significant stride by securing a spot trading listing on BTCC Exchange, sparking renewed interest in its market potential. While the listing has provided a short-term boost, the Pi Coin price remains under pressure, trading at 0.7184(up 10.7184
Current Pi Network Price Trends
- 24-Hour Range: 0.6806–0.6806–0.7535
- 7-Day Performance: -22% (bearish trend)
- 30-Day Performance: -60% (sharp decline)
Why Has Pi Coin Been Struggling?
- Massive Token Unlocks in March – Increased supply diluted demand.
- Lack of Major Announcements – Pi Core Team’s silence and no Binance listing yet have dampened sentiment.
- Broader Crypto Market Volatility – Bitcoin’s fluctuations have impacted altcoins like PI.
April Recovery Potential: Key Factors
✅ Lower Token Unlocks in April – Only 124.32M PI will be unlocked (vs. 182M+ in May), reducing sell pressure.
✅ BTCC Listing Effect – Increased liquidity and exposure could attract buyers.
✅ Technical Accumulation Zone – Analysts suggest PI is forming a bullish ABC Recovery Pattern.
Analyst Price Prediction: Path to $1?
- Crypto Jex’s Outlook:
- Entry Zone: 0.64–0.64–0.77
- Stop-Loss: $0.60
- Price Targets:
- Short-Term: 0.95–0.95–1.00
- Mid-Term: 1.30–1.30–1.50
- Long-Term: $1.80+ (if bullish trend confirms)
Bearish Risks to Watch
⚠️ April Low Prediction: Some forecasts suggest a dip to $0.64.
⚠️ Market Sentiment Remains Weak – PI needs sustained buying volume.
⚠️ No Binance or Major Exchange Listing Yet – BTCC alone may not be enough for a major rally.
Final Verdict: Can Pi Hit $1 Soon?
- Possible, but not guaranteed.
- If April unlocks don’t trigger heavy selling and BTC market stabilizes, PI could see a rebound.
- A Binance listing or major utility update would be a game-changer.
What’s Next? Traders should watch for:
🔹 Daily unlocks (April 7-11: ~1.5M PI/day)
🔹 Exchange adoption (Binance rumors?)
🔹 Pi Core Team’s next move
1. Why did Pi Coin drop recently?
Pi Coin fell due to massive March token unlocks (increasing supply), lack of major exchange listings (still not on Binance), and low market demand amid crypto volatility.
2. Can Pi reach $1 after the BTCC listing?
Possibly—if April’s lower token unlocks (124M vs. 182M+ in May) reduce selling pressure and trading volume increases. Analysts see a path to $1 if bullish momentum returns.
3. What’s the biggest risk for Pi Network?
No Binance/Coinbase listing yet—without a major exchange, PI may struggle to sustain rallies. Also, if Bitcoin drops further, altcoins like PI could fall more.