{"id":24172,"date":"2025-04-28T14:17:26","date_gmt":"2025-04-28T14:17:26","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=24172"},"modified":"2025-04-28T14:17:26","modified_gmt":"2025-04-28T14:17:26","slug":"pi-network-pi-misses-the-rally-is-further-trouble-brewing","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=24172","title":{"rendered":"Pi Network (PI) Misses the Rally: Is Further Trouble Brewing?"},"content":{"rendered":"<div>\n<p><strong>TL;DR<\/strong><\/p>\n<ul>\n<li><span data-preserver-spaces=\"true\">Pi Network (PI) fell by 3% in the past seven days, potentially weighed down by massive token unlocks and a lack of fresh support from major exchanges.<\/span><\/li>\n<li><span data-preserver-spaces=\"true\">Some analysts predict a potential rebound, while others have warned that dealing with the asset could lead to painful losses.\u00a0<\/span><\/li>\n<\/ul>\n<h2><span data-preserver-spaces=\"true\"><a href=\"http:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/04\/PI_CB-16.jpg\" data-wpel-link=\"internal\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-394174\" src=\"http:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/04\/PI_CB-16.jpg\" alt=\"\" width=\"1201\" height=\"720\" srcset=\"https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/04\/PI_CB-16.jpg 1201w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/04\/PI_CB-16-300x180.jpg 300w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/04\/PI_CB-16-1024x614.jpg 1024w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/04\/PI_CB-16-768x460.jpg 768w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/04\/PI_CB-16-50x30.jpg 50w\" sizes=\"auto, (max-width: 1201px) 100vw, 1201px\"><\/a><\/span><\/h2>\n<h2>Missing the Green Wave<\/h2>\n<p><span data-preserver-spaces=\"true\">The cryptocurrency market has been on an evident uptrend in the past week. Bitcoin (BTC) is up almost 10% for the period, currently trading at around $95,000, whereas Ethereum (ETH) saw its valuation rise by 11.5%.<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">Very few of the top 50 digital assets remain in the red on a seven-day scale, and unfortunately for the Pi Network community, their favorite token is one of those. As of this writing, PI is worth roughly $0.61, which is a 3% weekly decline. What\u2019s more, the current level represents an 18% drop for the last two weeks.\u00a0<\/span><\/p>\n<figure id=\"attachment_394171\" aria-describedby=\"caption-attachment-394171\" style=\"width: 567px\" class=\"wp-caption aligncenter\"><a href=\"http:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/04\/PI-Price-6.png\" data-wpel-link=\"internal\"><img loading=\"lazy\" decoding=\"async\" class=\"wp-image-394171\" src=\"http:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/04\/PI-Price-6.png\" alt=\"PI Price\" width=\"567\" height=\"400\" srcset=\"https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/04\/PI-Price-6.png 833w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/04\/PI-Price-6-300x212.png 300w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/04\/PI-Price-6-768x542.png 768w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/04\/PI-Price-6-50x35.png 50w\" sizes=\"auto, (max-width: 567px) 100vw, 567px\"><\/a><figcaption id=\"caption-attachment-394171\" class=\"wp-caption-text\">PI Price, Source: CoinGecko<\/figcaption><\/figure>\n<p><span data-preserver-spaces=\"true\">It is worth mentioning that the asset started <\/span><a class=\"editor-rtfLink\" href=\"https:\/\/cryptopotato.com\/pi-network-pi-plunges-12-in-just-1-hour-whats-going-on\/\" target=\"_blank\" rel=\"noopener\" data-wpel-link=\"internal\"><span data-preserver-spaces=\"true\">retracing<\/span><\/a><span data-preserver-spaces=\"true\"> in mid-April, right after the major release of almost 7 million tokens. The unlocks remained in the millions in the following weeks and are expected to speed up even further in the upcoming days.\u00a0<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">Data <\/span><a class=\"editor-rtfLink\" href=\"https:\/\/piscan.io\/unlock-statistics\" target=\"_blank\" rel=\"noopener\" data-wpel-link=\"external\"><span data-preserver-spaces=\"true\">shows<\/span><\/a><span data-preserver-spaces=\"true\"> that over 230 million PI will <\/span><span data-preserver-spaces=\"true\">be freed up<\/span><span data-preserver-spaces=\"true\"> in the next month, with April 30 being the record day when 11.3 million tokens will be released.\u00a0<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">Events like these typically lead to higher selling activity, as investors finally get the opportunity to sell coins they\u2019ve been waiting for <\/span><span data-preserver-spaces=\"true\">a long time<\/span><span data-preserver-spaces=\"true\">.<\/span><span data-preserver-spaces=\"true\"> Although some holders may stay put, the danger of a mass exit still looms.<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">Another factor that may have negatively impacted PI\u2019s price is the lack of new support from leading crypto exchanges. Well-known names that have already embraced the asset include Gate.io, OKX, Bitget, and others.<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">However, Binance and Coinbase remain uninvolved. The former <\/span><a class=\"editor-rtfLink\" href=\"https:\/\/cryptopotato.com\/binance-listing-pi-token-soon-community-has-the-final-say\/\" target=\"_blank\" rel=\"noopener\" data-wpel-link=\"internal\"><span data-preserver-spaces=\"true\">issued<\/span><\/a><span data-preserver-spaces=\"true\"> a community vote in February to determine whether its users want to see PI available on the platform. While more than 85% clicked the \u201cyes\u201d option, there hasn\u2019t been a follow-up announcement.<\/span><\/p>\n<h2><span data-preserver-spaces=\"true\">Price Predictions<\/span><\/h2>\n<p><span data-preserver-spaces=\"true\">Despite the retreat registered in the past weeks, certain X users <\/span><span data-preserver-spaces=\"true\">continue to<\/span><span data-preserver-spaces=\"true\"> make optimistic predictions. MOON JEFF, who often touches upon the matter, recently <\/span><a class=\"editor-rtfLink\" href=\"https:\/\/x.com\/CRYPTOAD00\/status\/1916810471077712057\" target=\"_blank\" rel=\"noopener\" data-wpel-link=\"external\"><span data-preserver-spaces=\"true\">forecasted<\/span><\/a><span data-preserver-spaces=\"true\"> that PI could rise to $1.\u00a0<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">Interestingly, at the beginning of the month, he <\/span><a class=\"editor-rtfLink\" href=\"https:\/\/cryptopotato.com\/pi-network-is-a-slow-rug-says-former-pi-proponent\/\" target=\"_blank\" rel=\"noopener\" data-wpel-link=\"internal\"><span data-preserver-spaces=\"true\">labeled<\/span><\/a><span data-preserver-spaces=\"true\"> Pi Network \u201ca slow rug,\u201d suggesting that the token\u2019s potential ascent to $1 is \u201cjust a dream.\u201d\u00a0<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">Kuzo also shared their thoughts, <\/span><a class=\"editor-rtfLink\" href=\"https:\/\/x.com\/kuzotrades\/status\/1916512358739927468\" target=\"_blank\" rel=\"noopener\" data-wpel-link=\"external\"><span data-preserver-spaces=\"true\">claiming<\/span><\/a><span data-preserver-spaces=\"true\"> PI \u201cdoesn\u2019t look good\u201d based on investigations conducted over the past month.<\/span><\/p>\n<blockquote>\n<p><span data-preserver-spaces=\"true\">\u201cPeople will lose millions or even billions of dollars. It\u2019s worse than you could\u2019ve imagined. <\/span><span data-preserver-spaces=\"true\">If you\u2019re still holding, think twice. I\u2019ll drop my investigation soon<\/span><span data-preserver-spaces=\"true\">, make<\/span><span data-preserver-spaces=\"true\"> sure you\u2019re following,\u201d they added.<\/span><\/p>\n<\/blockquote>\n<p>The post <a href=\"https:\/\/cryptopotato.com\/pi-network-pi-misses-the-rally-is-further-trouble-brewing\/\" rel=\"nofollow\">Pi Network (PI) Misses the Rally: Is Further Trouble Brewing?<\/a> appeared first on <a href=\"https:\/\/cryptopotato.com\/\" rel=\"nofollow\">CryptoPotato<\/a>.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>TL;DR Pi Network (PI) fell by 3% in the past seven days, potentially weighed down by massive token unlocks and a lack of fresh support from major exchanges. Some analysts predict a potential rebound, while others have warned that dealing with the asset could lead to painful losses.\u00a0 Missing the Green Wave The cryptocurrency market [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-24172","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/24172","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=24172"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/24172\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=24172"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=24172"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=24172"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}