Pi Coin’s price has recently dipped to $0.63, a 2% decline as the unlocking of 4.9 million coins approaches on April 22nd. Following a peak in February, the coin’s price has remained relatively stable within a narrow range. The $0.70 mark remains a challenging resistance level for the token, with prices yet to break through. A successful surge past this level could pave the way for potential growth to $0.80 or higher. 48 million Pi Coins are now held by a prominent wallet on the OKX exchange. This large transfer of 7.5 million Pi Coins valued at around $4.82 million, echoing previous sizable transactions in the market. This signifies investor confidence even though prices remain stagnant, indicating strong interest from whales. Large-scale transfers like this are often seen as bullish signs by market participants, suggesting strategic positioning for upcoming events. However, the daily influx of millions of coins can create an oversupply, potentially pressuring the market price. Despite these short-term challenges, long-term forecasts suggest that Pi Coin’s potential could reach $2.16. This optimistic outlook stems from factors like potential listings on major exchanges, expansion of its ecosystem, and strong community support. However, realizing these predictions relies on favorable market conditions. The current price hovers at $0.63, with resistance at the $0.70 mark. Recent large transactions hint at investor confidence. Long-term forecasts predict a potential price range up to $2.16. The Pi Network’s ecosystem and community are crucial factors in its success. Market observers are closely watching developments surrounding Pi Coin as unlocking events approach, and the balance between supply and demand continues to shape its future trajectory.