Pi Coin Whiplash: 48-Hour Rollercoaster as Crypto Traders Panic-Buy the Dip

Pi Network’s controversial token defies gravity—then faceplants—as retail FOMO collides with whale profit-taking.

Zero to hero to zero again: The mineable altcoin ripped 120% upward on sketchy exchange listings before shedding gains faster than a Bitcoin maximalist’s patience. Now the real question—was this a dead cat bounce or the start of Pi’s actual utility phase? (Spoiler: Your guess is as good as the ’team’s’ roadmap transparency.)

Bonus jab: At least the volatility provides more excitement than watching traditional finance bankers ’innovate’ with 0.1% savings account yields.

Impact of Pi Coin Unlocking on Pi Network

The sudden influx of 8 million Pi coins upset the trading balance, leading to a price decrease. These types of developments, often referred to as a supply shock, typically test investor confidence. Large holders eager to sell their coins exacerbate the situation by rapidly increasing supply while demand struggles to keep up. This imbalance creates downward pressure, ultimately driving prices lower in the short term.

Investors are approaching the situation cautiously due to the upcoming release of 13 million coins on May 15th. Key support levels are identified at $0.80 and $0.60. Should the anticipated announcement from the Pi Core Team on May 14th fail to meet expectations, these levels could face testing. Buyers are patiently watching for the right moment to capitalize on price recovery.

Binance Listing and Future Scenarios

Speculation about a potential Binance listing has emerged as a crucial development that could influence the trajectory of Pi coin’s price. Being listed on the world’s largest cryptocurrency exchange could enhance liquidity and boost the project’s visibility. However, uncertainty persists until an official listing announcement, leaving investors eagerly awaiting confirmation.

The announcement from the Pi CORE Team on May 14th could chart a new course for the coin’s price. Updates to the roadmap, news of collaborations, or unveiling of new features might drive prices upward as users quickly buy in. A robust announcement could lead to the testing of the $1.30–$1.50 range. Conversely, an underwhelming update could result in a sharp dip in price, shaking the token‘s stability.