Pi Network’s upcoming appearance at TOKEN2049 in Singapore has fueled optimism about potential price boosts. The conference, one of Asia’s largest crypto events, will see Pi Network’s co-founder Dr. Chengdiao Fan speak on real-world utility and Web3 challenges. However, analysts remain skeptical about the lasting impact of this event. A significant number of PI tokens are currently being unlocked and moved to exchanges, adding to the supply pressure. This coincides with rising exchange balances, which pose a risk to price stability. Despite past conference appearances boosting prices for a short period of time, Pi Coin has been struggling with an ongoing downtrend, ultimately hampered by the increasing supply of PI. Community members are hoping for a sustained rally following Dr. Fan’s keynote speech and the potential boost in exchange activity during the event. However, experts suggest a potential breakout to $0.40 above resistance level ($0.34) is unlikely to translate into sustainable price growth without concrete progress from Pi Network. This suggests that while TOKEN2049 may provide short-term momentum, sustained price recovery will hinge on delivering tangible value and addressing the existing supply concerns. The article provides a detailed analysis of the current market dynamics and explores various factors impacting the future of Pi Coin.**