Pi Network Stages Comeback—Crypto Traders Bet on Lazarus Token
After months in the crypto wilderness, Pi Network’s token defies gravity with a 24% surge. Retail traders pile in—ignoring three cardinal rules of digital asset investing.
Why the rally? Speculation swirls around a phantom mainnet launch (now 1,128 days overdue) and a fresh wave of exchange listings. Never mind that 90% of Pi’s ’engaged users’ still can’t sell their mined tokens.
Wall Street quants roll their eyes while scanning the charts. ’This isn’t a comeback—it’s a dead cat bounce with extra steps,’ mutters one hedge fund analyst between sips of $28 cold brew.
Pi Network Price: Market Standing and Upcoming Token Unlocks
.cwp-coin-chart svg path { stroke-width: 0.65 !important; } Price Volume in 24h Price 7d is staring down a supply flood—1.5 million tokens unlocked already, and 160 million more on the way. Valued at roughly $94 million, the wave has stirred mixed reactions.Yet the market’s holding steady with trading volume fell 37% in the last 24 hours, landing NEAR $298.5 million.
BREAKING | ZyptoApp
Pioneers can now pay real-world bills like utilities, mortgages, phone bills, and loans with $Pi.
The service has been rolled out in several countries including India, the US, with 21,000+ billers connected in the US alone.#PayWithPi #PiNetwork pic.twitter.com/B26iYrcKgE
— drealFx || π
(@okere_eberechi) April 29, 2025
Since April 16, Pi Network has been stuck in a consolidation phase, trading within a tight range of . Technical indicators suggest this is a period of market indecision, with neither buyers nor sellers taking control.
Could Pi Reach $3 by June?
Amid the current consolidation, some bold predictions have surfaced. Several market analysts have set ambitious price targets, with Pi potentially reaching . For this to happen, favorable conditions will need to materialize, such as a broader crypto rally or groundbreaking announcements from the Pi CORE Team.
Specifically, rumors of a possible token burn to reduce supply could act as a major catalyst for a price surge.
$PI is on shaky ground .
Sideways since April, but weakening momentum token unlock pressure risk of breakdown.
With 131M+ tokens/month set to hit the market, dilution looms large unless burns or major updates come soon. pic.twitter.com/ysXJmoS23W
— brarno882 (@brarno882) April 29, 2025
The road to $3 isn’t wide open.
A wave of token unlocks still looms, and if sentiment shifts, that pressure could hit hard. Pi remains stuck in consolidation, with no major ecosystem updates or milestones to spark a breakout.
Add to that the regulatory fog and delays in launching an open mainnet, and the path gets even murkier. Until Pi lands on major exchanges, price discovery stays half-blind.
What’s Next for Pi Network?
For now, Pi Network’s price activity paints a picture of patience and optimism. The path to higher price levels, including the ambitious $3 target, will depend on market dynamics, tokenomics decisions, and broader adoption.
For traders watching from the sidelines, the next key move could come as soon as Pi breaks out of its current trading range.Join The 99Bitcoins News Discord Here For The Latest Market Updates
Key Takeaways
- After a rough drop, the token has settled into a tight range between $0.58 and $0.66. The move has traders watching closely, unsure if this is a dead-cat bounce or the start of something bigger.
- Pi Network is trading within a tight range of $0.60 support and $0.66 resistance.
- A wave of token unlocks still looms, and if sentiment shifts, that pressure could hit hard.
