PI Network (PI) April 8 price forecast: Will PI reach $3 again?
Apr 21, 2025 pm 02:27 PMThe price of PI coins has rebounded. Can it return to $3? Latest PI Coin News Analysis
The PI coin news on April 8 continues to be optimistic, and the PI coin price is recovering from the market downturn. Bullish forecasts show that PI coin prices are expected to hit new highs. The sentiment of community members also rose, and many people asked: "Can PI coin reach $3 again?" Let's analyze today's PI coin news in depth and explore the possibility of it returning to $3.
PI coins rebounded strongly today?
Today, the price of PI coins rose 6.54% to $0.5817. Despite this, the recent decline cannot be ignored, with a weekly decline of about 19.26%. The highest price of PI coins is US$3.84, 51.72% higher than the current price. But today's price volatility showed bullish signs, hitting a high of $0.6102. The shift in market sentiment, from short to long, may be attributed to some positive fundamental factors.
Can PI coins continue to be bullish?
The rebound in PI coin prices indicates that the market and investors are regaining confidence in PI coin. The cooperation with the BANXA platform has also improved the accessibility of PI coins, and investors can use a variety of payment methods to purchase PI coins. PI coins have been launched on exchanges such as OKX, MEXC, LBANK, BITGET, HUOBI GLOBAL, PIONEX and BITMART. In addition, the reduction in token unlocking this week also played a positive role in the PI coin market and sentiment.
The impact of token unlocking on PI coin price
According to data released by Piscan on April 8 (Figure 1), daily token unlocks were at the lowest monthly level from April 8 to 11, with an average of 1.5 million. But it will reach its highest value on April 18, with about 9.775 million, which will lead to a significant increase in market selling pressure. Therefore, as selling pressure increases, bearish sentiment may make a comeback next week. However, some crypto analysts remain optimistic about the future of PI coins.
Figure 1 - Data source: Piscan, Release date: April 8, 2025
Is this a good time to buy PI coins? What does the encryption expert say?
Well-known crypto analyst Moon Jeff made bullish predictions about the price of PI coins. He believes that PI coins have great potential as an asset and has multiple functions that will drive PI coins to new all-time highs. He gave a short-term price forecast with a target price of $3. This forecast is amid the continued decline in PI currency prices since February 27.
Can PI coins return to $3 in the short term?
According to crypto analysts' forecasts, whether PI coins can return to $3 is a complex question. It is possible to reach $3 in the short term, but it depends on a variety of market factors. This prediction is only possible if another cryptocurrency market crash is avoided. This will be more helpful if Pi Network implements a more effective destruction mechanism, reduces supply, increases market pressure and increases market sentiment.
The above is the detailed content of PI Network (PI) April 8 price forecast: Will PI reach $3 again?. For more information, please follow other related articles on the PHP Chinese website!

Hot AI Tools

Undress AI Tool
Undress images for free

Undresser.AI Undress
AI-powered app for creating realistic nude photos

AI Clothes Remover
Online AI tool for removing clothes from photos.

Clothoff.io
AI clothes remover

Video Face Swap
Swap faces in any video effortlessly with our completely free AI face swap tool!

Hot Article

Hot Tools

Notepad++7.3.1
Easy-to-use and free code editor

SublimeText3 Chinese version
Chinese version, very easy to use

Zend Studio 13.0.1
Powerful PHP integrated development environment

Dreamweaver CS6
Visual web development tools

SublimeText3 Mac version
God-level code editing software (SublimeText3)

Hot Topics

In the world of digital currency trading, understanding and proficiency in using different order types is the key to successful transactions. It's as basic as driving a vehicle requires mastering the accelerator and brakes. Market orders and restricted orders are the two most basic and powerful tools that all traders must master. Whether you operate on mainstream trading platforms such as Binance Binance, Ouyi OKX, Huobi, or Gate.io Sesame Open Door, they all form the core of your trading strategy.

Bitcoin’s long-term price trend between 2026 and 2030 will be mainly affected by four core factors. 1. Global macro liquidity, especially Fed interest rate policy, inflation data and economic growth expectations, a loose environment is usually beneficial to BTC; 2. The reduction in supply and market expectations brought about by the halving cycle in 2028 may drive price increases; 3. The clarification of the regulatory framework, especially the introduction of compliance paths and approval of financial products in major economies, is the basis of a long-term bull market; 4. The depth and breadth of institutional adoption, including corporate asset allocation, financial institution service expansion and payment application progress, marks the transition of BTC to mainstream assets; in addition, technological developments such as the maturity of Lightning networks and network security status will also support its value.

The "reverse reference" in the currency circle, as the name suggests, refers to those reference objects whose views or operations are often opposite to the actual market trend. When such people or groups are extremely optimistic, the market may face a decline; when they are extremely pessimistic, the market may instead rebound. This is not to say that these people deliberately provide wrong signals, but that their judgments may deviate from the mainstream trends in the market, or that their operating behavior happens to be a catalyst for market reversal in a specific situation.

In the thriving cryptocurrency trading field, many seekers, especially those with relatively limited trading experience, are often attracted by various methods that claim to simplify the process and may lead to profitability. Order trading, as a model that binds investors' accounts to operations of professional traders (often called "gods") and automatically executes trading strategies simultaneously, has gained significant attention in recent years. This method promises that ordinary users can leverage other people's professional knowledge without in-depth learning of complex market analysis and trading skills.

The currency market is known for its high volatility, and the rapid rise or fall of asset prices is the norm. Although this feature brings potential high-yield opportunities, it also comes with huge risks. Hedging, as a risk management tool, plays an important role in cryptocurrency investment, aims to reduce risk exposure to the overall portfolio by establishing complementary positions rather than pursuing huge returns in a single direction.

Whether PEPE coins are worth buying depends on the project's technical background, market performance and ecological construction, and are suitable for investors with strong risk tolerance. 1.PEPE coins are community-driven, with high activity but high volatility; 2. Team technical support and innovation determine long-term development; 3. Trading volume and liquidity affect market experience. PEPE coins that may soar in 2025 include: 1. Projects with rich ecology and clear application scenarios; 2. Projects with hot topics such as NFT and DeFi and strong innovation; 3. Projects with active community and complete governance mechanisms; 4. Projects with cross-chain support and multi-platform listing. Rational judgment and risk control are the key to successful investment.

Binance is the platform with the largest trading volume of BTC, providing rich digital assets and a strong ecosystem; 2. OKX has comprehensive functions, stable technology, and a wide user base; 3. Coinbase is known for its compliance and security, suitable for European and American users; 4. HTX is known for its derivatives trading and outstanding performance in the spot market; 5. Kraken has a long history and excellent security record; 6. KuCoin provides a large number of emerging projects, suitable for users looking for potential assets; 7. Upbit is a leader in the Korean market, driven by Korean won trading pairs; 8. Gate.io has a rich variety of online currencies, which is very popular among early investors; 9. Bitstamp is an old platform, known for its reliability and security; 10. MEXC

The core difference between USDC, DAI and TUSD lies in the issuance mechanism, collateral assets and risk characteristics. 1. USDC is a centralized stablecoin issued by Circle and is collateralized by cash and short-term treasury bonds. Its advantages are compliance and transparent, strong liquidity, and high stability, but there is a risk of centralized review and single point failure; 2. DAI is a decentralized stablecoin, generated through the MakerDAO protocol, and the collateral is a crypto asset. It has the advantages of anti-censorship, transparency on chain, and permission-free, but it also faces systemic risks, dependence on centralized assets and complexity issues; 3. TUSD is a centralized stablecoin, emphasizing real-time on-chain reserve proof, providing higher frequency transparency verification, but has a small market share and weak liquidity. The three are collateral types and decentralization