Pi Network is finally going live! On Feb 20, 2025, the Open Network launch will allow millions of Pi holders to trade on major exchanges like Bitget & OKX. The big question: Will Pi Coin explode past $200 or crash under sell-off pressure? Let’s break it down!
This moment has been six years in the making, and with major crypto exchanges like Bitget and OKX listing Pi, speculation is at an all-time high. But will Pi Coin price surge or face downward pressure as early holders cash out? Let’s dive into the latest market analysis, price predictions, and potential future scenarios.
In a huge development, Bitget and OKX have confirmed the listing of Pi/USDT trading pairs, with trading set to begin on February 20, 2025, at 08:00 UTC.
- Bitget: Deposits not yet available, withdrawals open on Feb 21, 09:00 UTC.
- OKX: Deposits opened on Feb 12, 2025, withdrawals open on Feb 21, 08:00 UTC.
This move has fueled excitement, leading to a sharp price surge. Pi Coin jumped 100% from $50 to over $100 following the listing announcements, though it has since stabilized around $60.
With a total supply of 68 million Pi Coins and According to CoinMarketCap, Pi Coin's market cap stands at $4.17 billion. The question remains: Where is Pi Coin headed next?
Source: CoinMarket Cap
Many early Pi miners have been holding onto their tokens for over five years with no option to sell. Now, with exchange listings, they finally have liquidity.
The big concern? Mass sell-offs. If many early adopters decide to cash out immediately, this could put downward pressure on Pi Coin’s price, causing a potential correction.
However, if demand from new investors and utility-driven adoption balances out selling pressure, Pi Coin could maintain its bullish momentum and push toward new highs.
Technical Analysis: A Bullish or Bearish Future?
Pi Coin recently broke out of a falling wedge pattern, a bullish technical signal suggesting further upward movement. Let’s analyze key price levels:
Resistance at $100: Pi Coin faced rejection at this psychological level, triggering a 38% retracement. A breakout above $100 could spark another rally.
Support at $50: If Pi Coin holds above this level, it will serve as a strong base for further upside. A bounce from $50 could push prices higher.
Potential Binance Listing? Speculation about a Binance listing could act as a catalyst, driving Pi Coin toward the $200–$500 range.
Bullish Scenario:
- If Pi Coin holds $50 and breaks above $100, the next target range is $150–$200.
- If momentum continues, $300–$500 could be in play.
Bearish Scenario:
- If Pi Coin loses the $50 support, it may drop to $30–$20 before attempting another breakout.
With the Open Network launch and major exchange listings, Pi Coin is at a pivotal moment. The next few weeks will be crucial in determining whether it can sustain a bullish trend or face a significant correction due to early holders selling.
For investors, the key is to watch support levels, trading volume, and potential exchange listings (such as Binance). If adoption continues to rise, Pi Coin could see explosive growth in 2025 and beyond.
Also read: Cardano Price Prediction: Whale Buying Spree Fuels Bullish Surge!
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