Here’s why Pi Network price is primed for a short squeeze
2025-07-11 13:10:46
Main Idea
Pi Network's coin is poised for a bullish breakout due to reduced token unlocks, the ongoing crypto bull run, and new developments like the Pi AI Studio.
Key Points
1. Pi Network's coin was trading at $0.4900 on July 11, slightly above the week’s low of $0.4530.
2. Token unlocks will decrease significantly in the coming months, potentially reducing selling pressure.
3. The ongoing crypto bull run, with Bitcoin nearing $150,000, could drive gains for altcoins like Pi.
4. Pi Network introduced the Pi AI Studio to help developers build AI-powered applications, supported by existing Pi products.
5. Potential listings on major exchanges like Upbit, Binance, and Coinbase could trigger a short squeeze and price surge.
Description
Pi Network price remained in a tight range this week, even as Bitcoin and other altcoins surged. Pi Coin ( PI ) was trading at $0.4900 on Friday, July 11, a few points above this week’s low of $0.4530. Still, there are several reasons why the coin is on the verge of a bullish breakout. First, data shows that the monthly token unlock will slow down over the next few months, reducing the number of coins brought to the market. Pi will unlock over 175 million coins this month, 137 million in August,...
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