Pi Coin Price Rises 6% After Unlock Event; Experts Divided on Future

The price of Pi coin has surged by 6% in the last 24 hours, reaching $0.64 after a key unlock event. This sudden increase has sparked renewed interest from the Pi Network community, but some traders are skeptical about its potential for further growth. 7.8 million coins are set to be unlocked on April 19th, coinciding with ongoing daily unlocks that have seen around 6.8 million coins released each day. 3.54 million coins from this unlock alone are likely headed towards centralized exchanges, potentially creating more selling pressure and hindering any potential rally.