Pi Coin Price Dips Ahead of Major Unlock Event: What to Expect?

The price of Pi Coin has experienced a 2% decrease in the last 24 hours, currently trading around $0.63. Despite reaching a peak back in February, the coin has since entered a period of consolidation and is facing a struggle to break through resistance levels. The key level at $0.70 remains a hurdle that Pi Coin has attempted to clear multiple times without success, but breaking this barrier could open doors for further gains, potentially pushing prices beyond $0.80. 4.9M tokens are set to unlock on April 22nd, adding additional pressure on the market with constant supply influx. The lack of significant catalysts remains a factor hindering momentum. 5 million daily token unlocks, reports indicate, adds to the uncertainty and dampens the upward trajectory. However, high-volume whale activity is stirring interest. A massive $7.5 million worth of Pi Coin was recently withdrawn from OKX and transferred to a private wallet – another notable transaction follows this pattern in recent days. This accumulation spree by whales, valued at over $48 million, now worth approximately $31 million, often draws market attention and can be interpreted as bullish signal. Despite the stagnant price action, Pi Coin presents long-term potential. CoinCodex predicts a trading range between $0.63 and $2.16 for Pi Coin throughout April 2025. This projected ROI of up to 238% is based on expected major exchange listings and broader adoption in the crypto market.