Pi Coin Approaches $1, Ready to Explode Post-Token Release of 188 Million!

Updated

April 16, 2025

Gambar Pi Coin Approaches $1, Ready to Explode Post-Token Release of 188 Million!

Jakarta, Pintu News – Pi Coin (PI) is back in the spotlight with a significant price increase ahead of its 188 million token release. With a price increase of more than 25% in a day, the cryptocurrency is trading around $0.75 and has recorded a 52% gain in the last 90 days. However, major challenges await, including a massive token release and broader market uncertainty.

Key Drivers of Pi Coin Price Increase

Hot News 🔥#Coinbase Hints at Possible Pi Coin Listing? 🚀

🔥 While #Binance stays silent, Coinbase—America’s largest exchange—just sparked speculation about listing $PiCoin 🚀

👀 Paul Grewal, Coinbase’s Chief Legal Officer, posted a cryptic tweet about #PiDay featuring… pic.twitter.com/rIh0WYcET5
— Byte Community (@Byte_Community) March 18, 2025

The Pi Coin (PI) price increase was triggered by a mysterious tweet from Paul Grewal, Chief Legal Officer of Coinbase, which featured a pie with a purple Pi logo. This signaled a potential support or development involving Pi Coin (PI) that could affect its exchange rate. In addition, recent news in the fintech sector suggests that this price increase was also driven by optimism towards the development of the Pi Network ecosystem.

New developments within the Pi network, such as the Pi Ad Network and Pi Domains, provide new monetization opportunities for developers and allow users to register blockchain-based domains. This adds to the real utility of Pi Coin (PI) in practical applications, which supports the increase of its exchange rate in the market.

Market and Community Sentiment

Despite significant progress, the crypto market is preparing for the upcoming release of 188 million PI tokens. This could affect the price stability of Pi Coin (PI) depending on how the market absorbs the tokens. Additionally, Binance poll results show strong support for a PI listing, but there is still no official confirmation.

The lack of listing on major exchanges such as Binance limits liquidity and broader market exposure, which is crucial for sustained price growth. However, with increased utility and community support, Pi Coin (PI) still showed significant price gains this week.

Bitcoin Market Influence

Pi Network has shown impressive performance compared to Bitcoin , Dogecoin , and Binance Coin . In fact, there are speculations that Pi Coin (PI) could reach $3.14. However, the price movement of Pi Coin (PI) in the coming weeks largely depends on global market dynamics and the decision of major crypto exchanges to list PI.

Currently, Bitcoin (BTC) is trading around $84,693.90, showing a gain of 8.16% over the past seven days. The price movements of Bitcoin (BTC) and other major cryptocurrencies will continue to influence the altcoin market, including Pi Coin (PI).

Conclusion

With all the developments and challenges, Pi Coin (PI) remains one of the most exciting cryptocurrencies to follow. Looking ahead, the community and investors will be eagerly waiting to see how Pi Coin (PI) can overcome its existing challenges and capitalize on emerging opportunities to achieve sustainable growth.

Also Read: Will the Ripple vs SEC Case Be Resolved Soon? Check out the Expert Review!

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*Disclaimer

This content aims to enrich readers’ information. Pintu collects this information from various relevant sources and is not influenced by outside parties. Note that an asset’s past performance does not determine its projected future performance. Trading crypto carries high risk and volatility, always do your own research and use cold hard cash before investing. All activities of buying andselling Bitcoin and other crypto asset investments are the responsibility of the reader.