Pi Network Price Prediction – How Will Upcoming $139M May Unlocks Impact Pi Coin?

By: bitcoin ethereum news|2025/05/02 16:15:01
0
Share
copy
Pi Network price faces a major hurdle in its attempt to recover in May amid the looming unlocks of $139M PI tokens. The unlocks will occur throughout this month, and they may weigh on this altcoin and hinder its breakout from bearish trends. At press time, Pi Coin trades at $0.59 with a 3% decline in 24 hours. Trading volumes have plunged by 50%, suggesting that the altcoin is stuck in a bearish trend due to a lack of market interest. Pi Network Price Forecast Ahead of $139M Unlocks in May The Pi Network price faces bearish pressure as data from PiScan shows that 234 million PI tokens valued at approximately $139M will be unlocked in May. Similar unlocks triggered a massive surge in sell-side pressure last month, and if history rhymes, this trend may repeat and exert downward pressure. Popular analyst Dr. Altcoin opined that despite these unlocks and speculation that Pi Coin is dying, the token would likely retain its strength as the developer team has been countering the unlocked PI entering exchanges. He noted, “The PCT seems to have solid plans in place and has been absorbing as much Pi from CEXs as possible — helping to maintain the price above $0.50.” Nevertheless, the PI token unlocks are not the only challenge facing the Pi Network price. The mining rate has surged by a slight 2% in May, meaning that more PI tokens are entering the circulating supply, which will also cause inflationary pressure and downward price movement. Given the above headwinds that mainly point towards a surge in the supply, and the impact that this will have on the PI, it is clear that the Pi Network price prediction is bearish, and it may enter a downtrend. PI Technical Analysis as Bearish Momentum Strengthens The Pi Coin 2-hour price chart shows that the bearish momentum around this altcoin is growing strong, and the RSI clearly shows this. This indicator has been making a series of lower lows and has plummeted to 46, an indication that the downtrend will likely continue. Amid the downward pressure, the first support level to watch is the 23.6% Fibonacci level of $0.58, and if it fails to hold this level, it may trigger the next bearish leg to $0.56. The Bollinger band indicators are also tightening, an indication that a breakout is looming. If such a breakout occurs, traders should watch out for an upward trend to the upper band of $0.62. Considering the impact of the looming token unlocks and the bearish structure visible on the 2-hour chart, it is clear that the Pi Network price forecast is bearish, and traders should anticipate a downside movement. This bearish thesis will be invalid if PI can overcome the resistance level at $0.62. Frequently Asked Questions (FAQs) The upcoming unlocks of $139M Pi Network tokens may have a bearish impact on the price and spark a downtrend below the psychological level of $0.50. Pi Network token may drop below $0.50 if the ongoing token unlocks continue and exert inflationary pressure on the price. The Pi Network price prediction is bearish. On-chain data depicting the upcoming unlocks and technical analysis suggest that it faces downside risk. ✓ Share: muthoni Muthoni Mary is a seasoned crypto market analyst and writer with over three years of experience dissecting blockchain trends, price movements, and market dynamics. With a sharp eye for technical analysis and an in-depth understanding of on-chain metrics, she delivers insightful, data-driven content that helps investors navigate the fast-paced world of digital assets. Disclaimer: The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss. Source: https://coingape.com/markets/pi-network-price-prediction-how-will-upcoming-139m-may-unlocks-impact-pi-coin/

You may also like

BIS Report Compliance Observation: The Real Risks of Stablecoins, Not Just "Depegging"

The issue with stablecoins is not just whether their price will decouple, but whether they can be integrated into a recognizable, monitorable, accountable, and regulated financial system.

When American giants collectively "defect" from Chinese AI models

Coinbase CEO publicly stated: the company has fully switched its AI to a Chinese model, cutting expenses in half while usage has doubled. Snowflake and Lindy are also doing the same thing—an unnoticed "AI model migration wave" is happening.

A pre-announced harvesting case: After the cryptocurrency price dropped by 99%, the public chain Saga exited to transform into AI

True failure often isn't a single price drop, but rather a pricing mechanism that repeatedly rewards those who tell stories while repeatedly punishing those who believe in the stories.

Ethereum Foundation Report: A Basic Guide to Ethereum for Governments and Financial Institutions

The Ethereum Foundation has released this non-technical introductory report aimed at government officials, central banks, regulators, and corporate decision-makers, explaining how Ethereum works, how it is governed, how it differs from other blockchains, and how institutions and governments are alre...

Portugal 2-1 Croatia: Ronaldo's 20-Year Knockout-Stage Drought Ends With a Debt Finally Collected

Portugal beat Croatia 2-1 in the 2026 global football championship's knockout rounds as Ronaldo scored his first-ever knockout-stage goal, Gonçalo Ramos struck a stoppage-time winner, and VAR ruled out a late equalizer for offside.

Bitcoin Price Prediction July 2026: Will BTC Recover to $70K or Drop Below $55K?

Bitcoin price prediction for July 2026: Can BTC recover to $70,000 or fall below $55,000? Explore ETF flows, key support levels, Fed outlook, and our Bitcoin forecast.

Popular coins

Latest Crypto News

Read more
iconiconiconiconiconiconicon
Customer Support:@weikecs
Business Cooperation:@weikecs
Quant Trading & MM:bd@weex.com
VIP Program:support@weex.com