Pi News: 25% Crash Looming as Massive Pi Coin Token Unlock Sparks Panic

Pi Network’s native cryptocurrency, Pi Coin (PI), faces fresh selling pressure. Over 108 million tokens are scheduled to unlock throughout April, flooding the market with supply at a critical time. On April 16 alone, 2.8 million Pi coins were released, marking the start of a relentless unlocking schedule that will see roughly 134 million tokens unlocked monthly over the next year, culminating in a staggering 432 million tokens expected in December 2027.

Pi Token Unlock Fuels Price Pressure

This massive influx of new tokens into circulation intensifies investor concerns, as increased supply without matching demand typically leads to price depreciation. The ongoing token unlocks are part of a broader plan to release over 1.56 billion PI tokens in the next 12 months. Daily unlocks in April range from 5 to 6 million tokens, with 5.74 million tokens set to hit the market on April 20 alone. Such supply-side pressure is a key factor behind the token’s recent weakness, trading nearly 80% below its all-time high.

Technical Breakdown Signals More Pain Ahead

Compounding the supply problems, Pi Coin’s price chart reveals a bearish breakdown from a rising wedge pattern on the 4-hour timeframe, a classic technical signal that often precedes sharp declines. The Relative Strength Index (RSI) is nearing oversold territory at around 32, indicating waning momentum, while the 200-period exponential moving average remains a strong resistance near $0.87.

With these technical and fundamental pressures mounting, the Pi Network faces a critical test. Unless demand surges or the project can demonstrate meaningful utility for PI tokens, the risk of further price deterioration looms large. As one analyst put it, “token unlocks can influence market dynamics, potentially affecting PI’s price due to increased supply, especially if the demand drops simultaneously due to internal and external factors”.

Investors will be watching closely in the coming weeks to see if Pi Coin can stabilize or if this latest unlock wave triggers a deeper crash. Given that, let’s look at the latest Pi price action and figure out where it’s going. 

Pi Price Analysis: Pi Stabilizes After 14% Crash

As yesterday began, the Pi price stood at $0.6430. It slumped soon, going to $0.6135. Pi faced a trend reversal with the coin oversold as a short uptrend followed. At $0.6331, another correction came in as Pi fell to $0.6010. A general uptrend followed as the Pi price went on to plateau around the $0.6317 mark. The RSI indicated overbought conditions at this point, and a reversal was warranted. An extended downtrend occurred with the 10:30 death cross, taking Pi way down to $0.5916 by 18:00 UTC.

Chart 1 – Published on TradingView, April 17, 2025

The coin was heavily oversold at this point. A trend reversal arrived, supported by a golden cross on the MACD as the Pi price ascended to test the $0.6172 resistance. However, Pi failed to break the resistance and retraced back to $0.5990 for support. Since then, the Pi price has displayed range-bound behavior, looking for a breakout.

Pi Price Prediction: Can Pi Trade in the $0.60s Again?

As of the current update, the Pi price stands at $0.6049. It is worth noting that Pi has not been able to break resistance in the past. The buying pressure is also weak, so further downturns will occur if Pi does not find an upward trend soon. If a breakout does lead Pi downwards, we may be looking at a price point closer to $0.55.