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.
There’s also buzz around the upcoming Consensus 2025 conference — one of the largest events in crypto — where Pi Network founder and Head of Technology, Nicolas Kokkalis, will take the stage. He’s set to appear alongside prominent figures like Eric Trump and Robert Hines, an executive advisor on digital assets for the White House.
Kokkalis’ inclusion in the speaker lineup is being seen as a milestone for Pi Network, signaling growing credibility and relevance in the larger Web3 space. With a big unlock scheduled for the next 30 days and the project’s top voice appearing on a major platform, the coming weeks could prove to be crucial for Pi’s next chapter.