The post Pi Network News: 5.6M Pi Tokens Set to Unlock Today, Analyst Eyes $5 Surge appeared first on Coinpedia Fintech News
The crypto market stayed quiet over the weekend, with Bitcoin trading in a narrow range between $83,000 and $87,000. Pi Coin, however, slipped just over 2% to around $0.63, continuing to trade sideways as it waits for a potentially market-moving event.
On April 21, 5.6 million Pi tokens are set to unlock — a development that could impact the coin’s price depending on how the market reacts. For now, the $0.60 level is acting as strong support, and some analysts see this as a key zone that could fuel a future breakout.
Despite the recent dip, excitement around Pi remains. Some analysts argue that the path to $5 is still in play, especially if the project continues to deliver on its roadmap and expands its use cases. “Utilities will drive value,” one community member posted, echoing a common belief among Pi holders.