- Pi COIN’s recent listing on BTCC Exchange has sparked optimism, with analysts predicting a potential price surge toward $1.
- A decline in token unlocks from April 7 to April 11 could further support a recovery, despite recent market volatility.
Pi Network has secured a major listing on BTCC Exchange. This development has reignited investor optimism, leading to speculation about whether Pi Coin can rally to $1 in the near future.
Pi Network Gains Exposure with BTCC Listing
The recent addition of Pi Coin to BTCC Exchange has sparked enthusiasm among traders. Historically, new exchange listings have been a catalyst for price surges, and Pi Network’s latest development is no exception. Following the announcement, Pi Coin saw a modest gain of over 1%, trading at $0.7184, with a 24-hour high of $0.7535. However, the token has struggled in recent weeks, experiencing a 22% decline over the past seven days and a staggering 60% loss over the past month.
New Spot Listing: $PI @PiCoreTeam ✨
🔥 TRADE NOW 👇🏻
— BTCC (@BTCCexchange) March 31, 2025
Despite recent losses, market analysts predict a potential turnaround for Pi Coin. One key factor influencing this forecast is the upcoming token unlock schedule. According to PiScan data, April is set to witness the lowest token unlock volume between April and August, with only 124.32 million Pi tokens being released. By contrast, the subsequent months will see significantly higher unlocks, potentially putting downward pressure on the price.
From April 7 to April 11, daily token unlocks will be around 1.5 million tokens, marking a substantial reduction compared to previous months. This decrease in token supply entering circulation may support a price recovery, possibly pushing Pi Coin back toward the $1 mark.
Expert Predicts a Bullish momentum for Pi Coin
While some analysts remain cautious, others foresee a bullish future for Pi Coin. Crypto analyst Crypto Jex has outlined an ABC Recovery Pattern, suggesting that Pi Coin is in an accumulation phase. According to Jex, if Pi maintains an entry zone between $0.64 and $0.77 while avoiding a dip below $0.60, the price could surge toward $0.95-$1.00 in the short term. If bullish momentum strengthens, further targets of $1.30-$1.50 and even $1.80+ could come into play.
While market volatility remains a concern, Pi Coin’s listing on BTCC Exchange and the reduced token unlock schedule could provide the foundation for a recovery. However, investors should remain cautious, as broader market trends and potential future listings, such as on Binance, will also play a crucial role in determining Pi Coin’s trajectory.
With key resistance and support levels in focus, Pi Coin’s price action in the coming weeks will be crucial in deciding whether the much-anticipated $1 milestone becomes a reality.
