The price of the PI network has simply rebounded at 28% – enough to put it back on the radar.
After an approximate drop, the token moved to a tight range between $ 0.58 and $ 0.66. This decision has traders who look closely, not knowing whether it is a catm rebound or the beginning of something bigger.
PRO of the PI network: market standing and tooth unlocking token
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Look at a supply flood – 1.5 million tokens already unlocked and 160 million more on the way. Assessed at around $ 94 million, the wave sparked mixed reactions.
However, stable market holding with the volume of negotiation has dropped by 37% in the last 24 hours, landing nearly $ 298.5 million.
Breaking | Zyptoapp
Pioneers can now pay real bills such as public services, mortgages, telephone bills and loans with $ Pi.
The service has been deployed in several countries, including India, the United States, with more than 21,000 billing factors linked to the United States only.#Paywithpi #Pinetwork pic.twitter.com/b26iyrckge
– Drealfx || π
Breaking | Zyptoapp
(@Okere_ebelechi) Since April 16, the PI network has been stuck in a consolidation phase, trading in a tight range of Support of $ 0.60 and resistance at $ 0.66. The technical indicators suggest that this is a period of market indecision, neither buyers nor sellers taking control.
Could PI reach $ 3 by June?
In the midst of current consolidation, certain daring predictions have surfaced. Several market analysts have set ambitious price objectives, PI has potentially achieved $ 3 by June. For this to happen, favorable conditions will have to materialize, such as a wider cryptography rally or revolutionary announcements of the Pi Core team.
More specifically, rumors of a possible token burn to reduce the offer could act as a major catalyst for prices overvoltage.
$ Pi is on trembling ground.
Sideways since April, but weakening the momentum unlocks the risk of pressure failure.
With 131 m + tokens / month to arrive on the market, dilution is looming unless burns or major updates arrive soon. pic.twitter.com/ysxjmos23w
– BRARNO882 (@ brarno882) April 29, 2025
The road to $ 3 is not wide open.
A wave of token unlocking is still looming, and if the feeling changes, this pressure could strike hard. PI remains stuck in consolidation, without updates or milestones of major ecosystem to trigger a break.
Add to that the regulatory fog and the delays in the launch of an open Mainnet, and the path becomes even more troubled. Until Pi landed on the main scholarships, prices discovery remains half blind.
What is the next step for Pi Network?
For the moment, the activity of PI price network depicts an image of patience and optimism. The path at higher price levels, including the ambitious objective of $ 3, will depend on market dynamics, tokenomic decisions and wider adoption.
For merchants who look since the touch, the next key decision could come as soon as Pi comes out of its current negotiation range.
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Main to remember
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After an approximate drop, the token moved to a tight range between $ 0.58 and $ 0.66. This decision has traders who look closely, not knowing whether it is a rebound in CATM or the beginning of something bigger.
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PI Network is negotiated in a tight range of $ 0.60 of support and $ 0.66 of resistance.
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A wave of token unlocking is still looming, and if the feeling changes, this pressure could strike hard.
The rebounds of the price of the post -i network, the triggering of optimism among the merchants of Crypto appeared first on 99Bitcoins.
