Pi Network Price Prediction: Will it break $1 or crash after unlocking 108 million tokens?

Story Highlights
The current price of Pi Network is holding support around $0.61, and analysts are watching whether it can break through $1.
Pi Coin News: In April, 108.9 million PI tokens will be unlocked, with 5 to 6 million released daily, which could have a significant impact on price trends.
The Pi Network token has once again become the focus of the cryptocurrency market, with analysts observing a trend of accelerating price increases and a significant rise in market attention. After successfully breaking through the key level of $0.60, most opinions suggest that Pi coin is gathering momentum to challenge the psychological barrier of $1, but predictions regarding the timing of the breakthrough still show divergence.
The Pi Network price is rising in the bullish indicators.
Cryptocurrency analyst Xia recently emphasized the rapid upward momentum of Pi coin, noting that its price has surpassed $0.63 and briefly reached a high of $0.6441. She highlighted that the trading volume of Pi coin is strong, and key technical indicators such as RSI and MACD are also showing bullish trends, which may signal the beginning of a larger upward trend.
Ms. Xia also mentioned the powerful ecosystem activities of Pi. During the recent Pi Fest event, over 1.8 million users participated, and more than 58,000 sellers contributed to the network interaction. She questioned why, despite Pi's bright fundamental prospects, traders remain hesitant about it.
If strategic actions are not taken, the value of Pi coin may decline.

Pi Network Price Prediction
Analyst Moon Jeff believes that Pi coin is currently firmly holding the support level of 0.61 USD, and if the momentum continues, it is expected to rise to 1 USD. Another analyst, PiNewsZone, expressed the same view, stating that once it breaks through 1 USD, Pi coin will be "unstoppable," encouraging users to increase their holdings at this stage.
1.08 million PI tokens will be unlocked in April.
The biggest resistance faced by Pi Coin comes not only from the technical level but also from the upcoming supply shock. According to data from Pi scan, as of April 17, more than 108.9 million PI tokens are planned to be unlocked this month, adding further pressure to the already struggling Pi Coin.
On April 16 alone, 2.8 million PI tokens were released into the circulating market. According to the unlocking plan, this process will continue to advance, with an estimated daily unlocking of 5 to 6 million tokens. Specifically, on April 20, 5.74 million tokens will be unlocked, 5.14 million on the 21st, and a further 5.91 million on the 22nd.
If the current market momentum continues, these factors may become catalysts for a significant rise in the price of Pi Coin. Currently, investors are closely monitoring every move of this token. #PI# #BTC# #ETH# #创作者激励计划，发帖瓜分$2,000#