Pi Network price today, April 29, 2025: Expectations for Pi price to surpass $1 USD.
Pi Network price today, April 29, 2025, is down 3.7% compared to yesterday, currently at $0.6095. Expectations are high for the Consensus 2025 event to help the price of Pi surpass $1.
Pi Network price today, April 29, 2025
The price of Pi on the OKX exchange on April 29, 2025, is fluctuating around $0.6043 to $0.6368 (equivalent to VND 15,710 to VND 16,570). As of the time of writing, the price of Pi on OKX has decreased by 3.7% compared to yesterday, reaching VND 15,810.
Despite Bitcoin's strong price surge to $95,000, Pi Network is still struggling below the $0.82 mark. Pi has recently been fluctuating within a narrow range, between the resistance level of $0.68 and the support level of $0.60.
If Pi surpasses the $0.68 mark, it could initiate a new price surge, with key levels to watch being $0.78 and $0.85. If the upward momentum continues, Pi has the potential to break above $1.03 for the first time in over a month.
Expectations for the Consensus 2025 event to help the price of Pi surpass $1 are high.
As May approaches, the Pi community anticipates that the Consensus 2025 event in Toronto, from May 14-16, will be a major turning point. Dr. Nicolas Kokkalis, founder of Pi Network, will attend as a keynote speaker, promising to announce important strategies that could significantly boost the value of Pi Coin.
The "buy before good news" mentality is spreading, with many investors expecting the price of Pi to surge ahead of the event. However, supply pressure is also posing a significant challenge, as over 230 million Pi, equivalent to $146 million, will be unlocked in May. On average, more than 7.6 million Pi will be available to enter the market each day.
The large amount of tokens being unlocked could lead to sell-offs, especially as profit-taking sentiment or dilution concerns increase. This requires the Pi community to closely monitor developments and react promptly to avoid adverse short-term fluctuations.
