Pi Token Price Decline Is Accelerating

As the crypto market continues its Bearish streak, the Pi token decline is accelerating. Yesterday, April 3, Pi recorded a new all-time low of $0.5395

The crypto market continues its Bearish streak, and the Pi token decline is accelerating. Yesterday, April 3, Pi recorded a new all-time low of $0.5395. Since then, Pi coin price has recovered to $0.5551. The Pi token price has fallen 34.4% in 7 days; it is also 81.5% under its all-time high of $2.99. We also have some bullish Pi news; however, whether will the Pi Price recover in April remains to be seen.

Is There Hope for Pi Token After April Token Unlocking?

In its peak, the Pi market capitalisation reached nearly $20B; however, today it has plummeted to $3.76 B. Based on the community and market sentiment, the main cause of this decline is the token unlocking process. More than 90 million tokens are set to be released just in April, increasing the selling pressure. Additionally, we will also see nearly 1.5 billion tokens unlocked over the next year. However, we can also find a positive point about the April token unlockings.

Based on the Pi news in April, we will see the least number of tokens unlocked. This is because in the next months we will see more than 100 million tokens unlocked every month. April also marks a decrease in Pi coin releases when compared to the previous month of 2025. Additionally, as the crypto analyst Dr Altcoin stated, between 7 and 11 April, we will see a drastic fall in token releases. As such, whether will the Pi Price recover in April is not certain; however, the stated timeframe represents the best opportunity.

Is Pi Failing? The Incentive Crisis that Could Sink the Project

Another problem that has been voiced by the community members is the lack of encouraging factors for holding Pi tokens. A community member named MentalFix on X posted a statement clarifying the problems with the Pi team’s approach. Based on his opinion, the developer team have concentrated too heavily on creating utility. As such, they have forgotten that for users to hold Pi tokens, there needs to be an incentive. This user also mentioned that the vendors that Pi has attracted don’t hold coins either, after the transaction, they sell.

Bearish Trends Dominate: Can Pi Break $0.60 Resistance?

The Pi coin price does not seem to show any sign of recovery. Yesterday, April 3, Pi coin broke through the psychological support of $0.60, also setting a new all-time low. Now the most crucial support point for Pi has decreased to $0.50, and $0.60 is a hard resistance. To reach $1 again, the bulls need to go above $0.65 first and then moonshot past $0.80. However, with the current selling pressure, this seems unlikely.

Chart 1 – Provided by DEXWireNews, published on TradingView, April 4 2025

Based on Chart 1, the price of the Pi token has slipped below major support lines. These included 50, 100, and 200 EMAs, which have now flipped from supports to resistances. Additionally, the Relative Strength Index is now at 32.03, which shows the dominance of sellers on the market. Additionally, the MACD indicator also shows bearish results.

Is Pi Coin Price Recovery Still Possible?

With this information, we can see that the technical indicators all signal a bearish future. However, with the significant decrease between 7 and 11 April, bulls still have the chance to start a rally. If the current macroeconomic circumstances remain unchanged, the entire crypto market will remain bearish, destroying any hopes for Pi coin recovery and resurgence.