The Pi cryptocurrency has grown by about 5.5 percent in the last 24 hours and is now trading at 0.6450. Meanwhile, some traders have raised the possibility of a new upward trend, but not everyone agrees with this view.
The price growth comes just ahead of a major event: about 7.8 million Kevin pies are set to be released on April 19. This process continues to release 6.8 million coins a day.
According to market analyst Dr. altcoin (Dr. Altcoin), the bulk of the released coins are transferred directly to centralized exchanges, which has increased sales pressure.

Over the past few days, Pi inventory at exchanges has gone from 354 million to 368 million and circulating supply to 6.88 billion coins.
The result of this situation is a saturated market of sellers and demand cannot compensate for this volume of supply; as a result, the price has fallen and no upward trend is formed.
Dr altcoin has warned that if the trend continues, the foot may fall as low as 0.30 or lower. However, the possibility of a price recovery beginning in late August 2025, when the Daily release rate will fall is raised.
In addition, despite winning the Binance community ballot, Pi is not yet listed on the exchange.
The reason for this is the activity of the pie project on the closed network, as well as the impossibility of free transfer or transaction for users.
It is noteworthy that listing in Binance requires the full launch of the Minnet, legal transparency, adequate liquidity and compliance with the rules that are not yet seen in the Pi project.