Pi Coin Price Prediction: Is a $10 Surge Still Possible Amidst Tumbling Prices?
By Times Now Digital | Updated August 13, 2025, 12:55 IST
Pi Network’s native cryptocurrency, PI, is currently facing a significant downturn, trading near historic lows and raising fresh concerns about its ability to reach the much-anticipated $10 valuation. According to recent market data, PI is hovering around $0.38, a sharp decline from its all-time peak of $2.99 and only slightly above its 2025 low of $0.32. This ongoing slump is attributed primarily to escalating token supply, heavy selling activity on exchanges, and weak technical indicators, putting the coin’s near-term prospects under scrutiny.
Heavy Token Unlocks Heighten Selling Pressure
A major factor putting downward pressure on PI’s price is the recent and upcoming token unlock events. By August 16, approximately 170 million PI tokens—valued at around $64 million—are scheduled to flood the market. On August 12 alone, nearly 9.8 million tokens were released, intensifying liquidity and increasing sell-side pressure.
Historical trading data suggests that such large-scale unlocks have often resulted in price drops exceeding 30%, as early miners and holders capitalize on these opportunities to cash out. Additionally, the circulating supply of PI has skyrocketed by 22% since June, contributing to dilution and weakening price support.
Exchange Reserves Hit Record Highs
Data from crypto analytics platforms reveal that exchange-held PI tokens have surged to 407 million, marking an 82% rise since May. Notably, Gate.io, one of the prominent crypto exchanges, holds nearly half of this reserve. High token reserves on exchanges generally indicate increased availability for sale, which can lead to sustained downward pressure on prices.
With a turnover ratio of only 3.3%, PI’s market liquidity remains thin. This low liquidity implies that even modest sell orders could trigger significant price drops, exacerbating market volatility.
Technical Indicators Signal Bearish Momentum
Technical analysis depicts a gloomy picture for PI. The token recently slipped below key technical levels—the 50-period simple moving average at $0.3796 and the critical 78.6% Fibonacci retracement level at $0.389. Although the Relative Strength Index (RSI) sits at a neutral 46, PI has been trapped in a descending price channel since May.
Resistance is firmly outlined at $0.40, while $0.32 currently serves as a crucial support level that could determine the coin’s short-term trajectory. A minor bullish signal emerged on the MACD histogram, but this has not yet translated into meaningful buying momentum.
Glimmers of Hope Amidst Challenges
Despite the prevailing bearish sentiment, some factors could potentially ease the pressure. The pace of daily token unlocks in August has slowed compared to previous months, which might reduce immediate selling pressure. Moreover, persistent rumors about a possible listing on Binance have buoyed trader optimism.
Additionally, the softer US inflation data released on August 12 has created a more favorable overall environment for cryptocurrencies, potentially benefiting PI and other assets.
The $10 Question: Is It Feasible?
The prospect of PI hitting a $10 price point remains a distant one, with most analysts adopting a skeptical stance for the foreseeable future. While some bullish forecasts cite potential global adoption and ecosystem expansion, the majority of cautious projections place PI below the $1 mark for now.
Achieving a $10 valuation would require extraordinary developments, including massive utility growth, widespread adoption across multiple exchanges, and significant institutional investment—factors that, at this stage, appear largely aspirational.
What Lies Ahead for Pi Network?
The weeks ahead will be critical in determining PI’s fate. Key indicators for investors and traders to watch include:
- Market response to the ongoing token unlock schedule through August
- Changes in exchange-held token reserves
- Any substantive announcements regarding listings on major exchanges
Until the underlying demand fundamentals improve, the long-term vision of PI reaching $10 seems more like a future aspiration than an imminent reality.
Disclaimer: This article is for informational purposes only and does not constitute investment advice. Readers are advised to consult financial professionals before making investment decisions.
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