Pi Coin Set to Soar to $5? Whales Scoop Up 41 Million Tokens in Massive Buying Frenzy!

Jakarta, Pintu News – PiMigrate crypto experts recently predicted that the Pi Network price could potentially reach a new record high of $5.

This prediction comes on the heels of whale activity, where approximately 41 million Pi coins have been moved from exchanges to personal wallets.

Pi Network Price Prediction Will Reach $5

In a post on the X platform, PiMigrate stated that the Pi Network’s journey towards the $5 price has just begun.

Read also: Pi Network Set to Make Waves at Consensus 2025 — Here’s What You Need to Know!

He mentioned that the altcoin has strong support at $0.6, so he thinks the $5 price target is “a very achievable valuation.” PiMigrate also added that good utility development will push Pi towards that target.

Apart from PiMigrate, another expert named Moon Jeff also predicts that the Pi Coin price has the potential to reach $5.

Through the analysis shared on X, he believes that Pi can break this target. He refers to his chart, which shows a bullish pattern, while emphasizing the strong support level at the current price.

Whale Accumulates 41 Million Coins from Exchanges

Meanwhile, crypto analyst Xia also revealed that Pi Coin’s momentum is getting stronger after it managed to cross the $0.63 price with high trading volume. Xia noted that technical indicators such as RSI and MACD are also starting to show bullish signals towards Pi Coin.

This optimistic view of Pi Coin is further reinforced by massive accumulation activity from whale investors. A Pi community reported that within 48 hours, whales had moved around 41 million coins (equivalent to $27 million) from exchanges to personal wallets.

In particular, more than 13 million coins were moved from OKX to various wallets. This decrease in the supply of coins on the exchange is considered a positive signal in favor of a potential increase in the price of Pi.

Pi Network Needs to Master This Symmetrical Triangle Pattern

In analyzing Pi Network’s price on a larger timeframe, Alpha Crypto analysts stated that the altcoin needs to regain control of the symmetrical triangle pattern to continue its upward trend.

Read also: Made in the USA: 3 Hot Cryptos Every Trader Is Watching!

Alpha Crypto explained that if Pi manages to break and maintain the triangle structure, market participants could start considering long positions.

But conversely, if the price falls out of the pattern, there could be an opportunity to short. He also reminds traders to wait for confirmation before making a decision, instead of rushing into it.

In terms of fundamentals, the potential listing on major exchanges is expected to push the price of Pi Coin higher. Reports from CoinGape suggest that major exchange HTX has sparked speculation regarding a listing through a mysterious post on the X platform.

On the other hand, the Pi community is still optimistic that Binance will soon include Pi in its list of traded assets.

The enthusiasm of the Pi community is also leading to the Consensus 2025 event, where Pi Network founder Nicolas Kokkalis is rumored to be one of the speakers alongside major figures in the crypto industry.

Crypto expert Dr. Altcoin described Pi Network’s presence in the event as a crucial moment, which provided a great opportunity for the Pi team to introduce and promote their ecosystem more widely.

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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. Crypto trading activities have high risk and volatility, always do your own research and use cold cash before investing. All activities of buying and selling bitcoin and other crypto asset investments are the responsibility of the reader.

Reference:

• Coingape. Expert Predicts Pi Network To Reach $5 As Whales Move 41M Pi Coins Off Exchanges. Accessed on April 21, 2025