Oh, hello there! Did you hear about Pi Network’s latest cosmic adventure? They’ve just secured a listing on the BTCC Exchange, causing quite a stir in the crypto universe. But wait, there’s a twist! The Pi Coin price has taken a nosedive, tumbling down to a mere $0.68. 😱 Will the Pi Coin price hit $1 soon? Let’s find out!
🌟Pi Network’s BTCC Exchange Listing: A Galactic Milestone🌟
Well, well, well… Pi Network has made a splash in the crypto galaxy by landing on the prestigious BTCC Exchange. This listing has sparked a wave of optimism among investors, who are hoping for a price boost. After all, when cryptos get listed, they tend to go up like a rocket! 🚀
Today, the Pi price is up by a tiny 1%, trading at $0.7184. It’s had a rollercoaster ride in the past 24 hours, soaring to $0.7535 and plummeting to $0.6806. Despite the recent gains, Pi Coin has lost over 22% in the last week and is down 60% in the past month. But fear not, dear investors, for there’s hope on the horizon!
💡Why Pi Coin Price Might Recover Soon💡
Since Pi Network’s mainnet launch, it’s been a bumpy ride for investors. Massive token unlocks in March sent shockwaves through the market, causing the token to take a hit. To add insult to injury, the Pi Core Team hasn’t made any major announcements, and Binance has been silent on listing updates. 😕
However, the stars may be aligning for Pi Coin in April. Token unlocks are expected to reach their lowest point, providing a much-needed breather for the token. According to PiScan data, April will see the fewest token unlocks from April to August. Only 124.32 million Pi tokens will be unlocked this month, compared to a whopping 233.37 million in July.
This low influx of tokens could pave the way for a strong recovery, potentially pushing the price to above $1. Fingers crossed, folks! 🤞
🔮What’s Next for Pi Network Price?🔮
Experts predict a bright future for Pi Network, but remember, we’re still in a volatile market. So, dear investors, proceed with caution! While some forecasts indicate a bearish trend, with a possible dip to $0.64 in April, others remain optimistic.
Analyst Crypto Jex is particularly bullish on Pi Coin, predicting a price surge to $1. According to Jex, Pi Network is forming an ABC Recovery Pattern within a key accumulation zone. With an entry zone of $0.64-$0.77 and a stop-loss at $0.60, Jex sets ambitious targets of $0.95-$1.00, $1.30-$1.50, and $1.80+. Upon trend confirmation, Jex believes the setup offers solid mid-term upside potential, making a $1 price point a tantalizing possibility.
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2025-04-01 10:06