During the trading hours on Wednesday, Pi Coin pulled off an eye-catching rally just days before Pi2Day, getting investors hopeful for some real momentum from the project. Surging 19% in 24 hours to $0.63, Pi Coin not only made it back into the top trending tokens but there’s also a speculated Pi Coin Price prediction about a possible run to $1.
At the heart of this momentum is a mix of whale accumulation, technical strength and upcoming project updates that could change Pi Coin’s adoption trajectory. But there are warning signs in the background: a big token unlock is coming, and long-term signals are murky.
The question on everyone’s mind is: can Pi Coin really hold this or is a correction coming? At the time of this writing, Pi coin price has dropped 8.25% in 24h due to profit-taking ahead of Pi2Day (June 28) and concerns about July’s 268M token unlock.
Whale Activity and Event Hype Fuels Fresh Optimism
The timing of Pi Coin price rally is no coincidence, as this happened just 3 days before Pi2Day, a big event on the network’s calendar, where the Core Team will announce ecosystem updates and provide GenAI integration updates. Early reports suggest Pi App and Browser KYC sync features will finally go live, a long-requested feature that will accelerate Mainnet onboarding for millions of users.
To add fuel to the fire is an institutional-scale activity. One big wallet reportedly bought $173 million worth of Pi Coin in the last week, according to data reviewed by PiWhales. Market watchers think this is a sign of growing confidence from institutions who see Pi’s next cycle as a breakout opportunity.
Kim H. Wong, an analyst tracking Pi Coin, said this is big, timed around Pi2Day, backed by whales and supported by increasing retail volume. But the real test is in July.
What Do the Technicals Say? Pi Eyes $0.80–$1 Zone
From a charting perspective, as at the time of the rally, Pi Coin was looking strong short term. It broke above the 20 day and 30 day moving averages but resistance at $0.65 is firm.
| Metric | Value | Notes |
| Current Price | $0.5764 | -8.25% in 24 hours |
| Trading Volume | $292.5 million | strong liquidity |
| Short-term MAs | Positive | Buy signals (10/20/30-day) |
| Long-term MAs | Negative | Sell signals (50/100-day) |
| Key Resistance | $0.65 | Must break for further upside |
| Potential Targets | $0.80–$1 | If resistance breached |
| July Unlock Impact | Bearish Risk | Possible supply-induced dip |
If Pi can get above $0.65 in the coming days, analysts say it could shoot up to $0.80-$1. Joe Swanson, another market watcher, said the current pattern looks like the prior breakouts in early 2023.
Why Some Analysts Are Still Skeptical
Despite the hype, not everyone is convinced this will last. A 268 million PI token unlock in July (one of the largest until 2027) is expected to bring selling pressure especially if people start taking profits. Liquidity spikes like this often act as correction triggers.
In this case even Dr. Altcoin, who is known for his long-term calls struck a more measured tone:
“I expect sideways to modest downside in July. But Pi’s floor is rising, $0.40 is the lowest we’ll see in the near term.”
Pi’s supply inflation is still the biggest concern for long-term investors, with many still unsure how the Core Team will mitigate sell-offs once the Mainnet is fully open.
Expert Forecasts: Will Pi Coin Reach $1?
A review of external analyst predictions is mixed but cautiously optimistic.
According to CoinCodex, Pi Coin could reach $0.47 in the next 30 days if current volume and momentum hold, with a long-term estimate of $1.22 in Q4 2025, assuming no major unlock disruptions.
Changelly is forecasting a year-end target of $0.95 to $1.10, citing strong community activity and developer milestones.
But WalletInvestor is more conservative, predicting $0.68 by August and $0.79 by December, citing high volatility and low liquidity risks.
Source | Short-Term (July) | Year-End Estimate |
CoinCodex | $0.47 (–25%) | $1.22 |
CoinCodex (AI) | $0.11 (–25%) | Not to $1 |
WalletInvestor | $0.68 | $0.79 |
Changelly | $0.95–$1.10 | $1.10 |
Final Thoughts: A Blip or a New Phase?
Pi Coin’s latest surge is driven by renewed urgency and belief from both retail and institutional players. It has flirted with big upside before, but each time it ended in exhaustion due to project issues and unclear tokenomics.
This time, the combination of whale activity, feature releases and broader crypto sentiment might just work in Pi’s favor. But can it really get to $1? That depends on what Pi2Day delivers and how the market absorbs what comes next.
Summary
Pi Coin has risen 19% to $0.63 ahead of Pi2Day, driven by whale activity, GenAI integration speculation, and bullish technicals. Analysts are split on whether this is the start of a bigger move or a short-term spike that will get hit by July’s 268m token unlock. Forecasts from CoinCodex and Changelly suggest a move to $1 in the near term, while cautious voices warn of downside risk.
FAQs
What is Pi2Day and why is it important?
Pi2Day is Pi Network’s annual event to celebrate ecosystem growth and key updates. It often includes announcements about new features or integrations.
Why did Pi Coin rally recently?
The rally is due to whale accumulation, Pi2Day anticipation, and short-term technicals.
Is Pi Coin a good investment now?
Pi Coin has short-term upside but long-term risks due to token unlock schedules and limited Mainnet liquidity.
Will Pi reach $1 this year?
Analyst projections vary but several forecasts suggest a path to $1 by end of 2025 is possible if milestones are met.
Glossary
Pi2Day: Pi’s annual event to mark development milestones and updates.
Mainnet: The live and functional blockchain network as opposed to testnet or development phases.
Whale: A large holder or buyer of cryptocurrency that can move the market.
Token Unlock: A scheduled release of previously locked tokens into circulation.
KYC Sync: A feature to sync identity verification between apps and services in the Pi ecosystem.
Sources
WalletInvestor Pi Coin Forecast
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