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Cryptocurrency News Articles
Pi Network Price Eyes Massive Rally In May, Promises Dr Altcoin
Apr 27, 2025 at 05:23 pm
While investors are bracing themselves for a Pi Network Price pump, one expert has predicted a start date for the rally.
While investors are eagerly awaiting a surge in Pi Network Price, one expert has shed light on the potential start date for the rally. Cryptocurrency analyst Dr Altcoin predicts that Pi Coin price will spike during the upcoming Consensus Summit, where Pi Network founder is billed to deliver a keynote address.
According to an X post by cryptocurrency analyst Dr Altcoin, investors can expect the start date of the Pi Network price during the Consensus Summit.
I am fairly confident that the price pumping of $PI might start during the Consensus Summit (May 14-16, 2025) rather than at the end of August when PI unlocking significantly reduces.Thoughts?#crypto #blockchain #digitalcurrency
— Dr Altcoin (@DrAltcoin) April 24, 2025
Dr Altcoin's predictions diverge from previous projections which suggest the rally to commence in late August. Investors had previously pinned their hopes for a price uptick after the conclusion of the Pi unlocking event, which will release 212 million Pi Coins.
However, Dr Altcoin predicts the rally to begin much earlier in May, fueled by the momentum around the Consensus event. Dr Altcoin has previously highlighted why Consensus 2025 will be pivotal for the Pi Network, given the attendees and the network's progress.
"I am fairly confident that the price pumping of Pi might start during the Consensus Summit (May 14-16, 2025) rather than at the end of August when Pi unlocking significantly reduces," said Dr Altcoin.
Several Factors May Delay The Start Date Of The Price Rally
Dr Altcoin's prediction for the launch of the Pi Network price rally in May faces a raft of challenges.
Right out of the bat, the Pi Core Team (PCT) is racing against the clock to approve KYB applications before the start of Consensus 2025.
Moreover, Dr Altcoin says the launch of decentralized applications (DApps) on the network before Consensus 2025 will support a price rally. While the PCT achieves the milestones before Consensus 2025, other external factors are angling to adversely affect Pi Network prices.
Dr Altcoin has raised alarm over shady activity on Banxa that may trigger artificial volatility for Pi Coin Price. Keen on playing its part to stabilize prices, the PCT has been purchasing Pi Coins on centralized exchanges, mopping up over 48 million coins.
Currently, Pi Network trades at the $0.6 mark, holding the price level for over a week as investors scan the charts for signals of a seismic rally.
Furthermore, Dr Altcoin is hinging his resolve for a rally on seven Pi Network pros, including accessibility and sustainability perks. The cryptocurrency expert name-checks its security features, low gas fees, and regulatory compliance.
Disclaimer:info@kdj.com
The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research!
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