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Cryptocurrency News Articles

Dr. Altcoin Predicts Pi's Rally Could Start at the Consensus Summit on May 14, 2025.

Apr 27, 2025 at 08:13 pm

Consensus Summit could spark a Pi rally, with new updates or partnerships driving excitement. Pi Network is consolidating between $0.53 and $0.69, aiming for a breakout soon.

Dr. Altcoin Predicts Pi's Rally Could Start at the Consensus Summit on May 14, 2025.

The Pi Network coin has been trading in a limited range for the past three weeks, with limited action despite Bitcoin’s price hitting $95,000. However, this might change soon, with crypto expert Dr. Altcoin predicting that the Pi rally could begin during the Consensus Summit.

Pi Price Pump Could Begin At Consensus Summit

Dr Altcoin feels pretty confident that the Pi price pump could actually begin during the highly anticipated Consensus Summit, which is happening from 14 May to 16 May.

This global blockchain event brings together the biggest names in crypto, offering Pi a perfect stage to shine. Even small positive news like new partnerships, major updates, or ecosystem growth announced during this event could create a rush of excitement.

Thus, if Pi Network gets the right attention, it could lead to a major price rally even before August.

This comes as a surprise for many because earlier expectations were tied to the end of August, a time when a large amount of Pi coins would finish unlocking, creating less selling pressure.

According to the Piscan, the beginning of August will see the release of Pi tokens drop by almost half. In August, only $132.5 million worth of Pi tokens will be released. September will see $115.2 million, October $89.5 million, and November $85.9 million.

Pi Network Coin Price Analysis

At the moment, Pi Network coin is trading at $0.63, showing a decrease of 1.3% in the last 24 hours. The coin price has been moving in a limited range recently, encountering resistance at the $0.68 level and support at $0.61.

If there is a breakout above the $0.68 resistance, it could mark the beginning of a fresh rally. The next resistance levels to watch would be $0.789 and $0.85.

If the upward momentum continues, Pi Coin could aim for $1.03, its first time above $1 since last month.

Original source:coinpedia

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