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Pi Network Primed for 3x Surge—$1.70 Target Looms by Mid-May 2025

Pi Network Primed for 3x Surge—$1.70 Target Looms by Mid-May 2025

Published:
2025-04-29 11:00:00
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Analysts are betting big on Pi Network’s volatile trajectory, projecting a 200% rally to $1.70 within weeks. The speculative frenzy mirrors 2021’s meme-stock mania—just swap ’diamond hands’ for mobile mining hype.

Key drivers? Mainnet progress and a cult-like community that treats whitepapers like sacred texts. But let’s be real—this isn’t decentralized finance; it’s decentralized hopium. Institutional traders remain skeptical, though retail FOMO could fuel the pump.

One hedge fund manager quipped: ’Crypto’s version of buying lottery tickets—except the tickets are free and the jackpot’s denominated in vaporware.’ Whether Pi hits $1.70 or crashes back to earth, one thing’s certain: the charts will be more entertaining than your average Wall Street earnings report.

Pi Network price chart showing recent downtrend with current price around $0.61

Source: TradingView

Pi Network Rally: Mid-May 2025 Breakout Could Drive Price to $1.70

Pi Network coin with π symbol on gold background

Source: The Network Journal

Consensus Summit Catalyst

The Pi Network price prediction outlook could dramatically improve due to the upcoming Consensus Summit that will take place next month. Widely followed analystDr Altcoin has recently stated:

Pi is doing well! I am fairly confident that the price pumping of Pi might start during the Consensus Summit (May 14–16, 2025) rather than at the end of August when Pi unlocking significantly reduces. pic.twitter.com/iaSDGzqwYa

— Dr Altcoin (@Dr_Picoin) April 27, 2025

Pi Network will also be a sponsor of this major crypto event, and additionally, founder Nicholas Kalallis is scheduled as a speaker. This kind of high-profile exposure could potentially trigger the anticipated Pi Network rally that many investors are hoping for.

Technical Analysis Points to $1.70

Positive price targets for Pi cryptocurrency were identified by experts at $1.70 since this numeral represents 50% of the Fibonacci retracement from its April minimum to its peak value.

Pi Network price chart with Fibonacci retracement levels showing $1.70 target

Source: TradingView

Michael Davis, an analyst tracking Pi Network, had this to say:

Right now, current technical indicators are showing some early signs that selling momentum might be slowing down a bit. The RSI is sitting at 40.98 while the MACD shows a slight positive value of about 0.0189, which some traders see as a potentially bullish signal.

Token Unlocks and Future Outlook

Token unlocks that followed after the Open Network launch in February of this year definitely affect the Pi Network price prediction. These unlocks have increased supply and put pressure on prices, with the token falling over 80% from its peak of $3.0 in just a few months.

🚀New Feature Alert: Pi Unlock Statistics!🔓

Now you can track Pi unlocks over the next 30 days based on claimable balances—whether user-locked or distributed by the Pi CORE Team. Unreleased Pi not yet in claimable balances is not tracked.

Stay updated & check regularly!⏳… pic.twitter.com/mACfWbzdgO

— Piscan.io (@piscanofficial) March 6, 2025

Paul Adedoyin, another cryptocurrency analyst, was clear about the fact that:

A $1.70 prediction for the Pi Network captures potential gains that appeal to investors while experts expect Pi unlock rates to become significantly reduced by August 2025 to support analysis of an upcoming price breakout.

Technical chart showing Pi Network’s RSI and MACD indicators with trading volume

Source: TradingView

Many analysts are suggesting that the current Pi Network price prediction presents an interesting opportunity for high-risk-tolerant investors, with the potential for a 3x return if the anticipated Pi Network rally actually materializes in the coming months.

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