Pi Network price today, May 8, 2025
The price of Pi on the OKX exchange on May 8, 2025, is fluctuating around $0.572 to $0.5856 (equivalent to VND 14,850 to VND 15,200). As of the time of writing, the price of Pi on OKX has increased by 0.3% compared to yesterday, reaching VND 15,100.
Despite the generally bleak situation, the Pi community remains optimistic. This is partly due to speculation about Pi Coin soon being listed on Binance.
The Pi Barter Mall account, which has over 100,000 followers, revealed that the Pi Core Team development team is in the final stages of negotiations with Binance.
Expectations are further heightened by the fact that Pi Network founder, Dr. Nicolas Kokkalis, will be participating in the major technology event Consensus 2025. This is seen as an opportunity for the project to attract more attention and make new strides.
In addition, Pi Network has taken several important steps such as integrating with the Chainlink network and supporting the Telegram Crypto Wallet, demonstrating its ambition to expand the decentralized ecosystem.
Pi Network is about to unlock hundreds of millions of tokens.
According to data from PiScan, the market will see a large amount of Pi Coin unlocked in the next three months: 212.2 million tokens in May, 222.6 million in June, and 233.4 million in July.
This is the phase with the largest unlock volume ever, lasting until September 2027.
The surge in supply, coupled with the increasing amount of Pi Coin on exchanges, is putting significant downward pressure on the price. To date, over 387 million tokens have appeared on centralized exchanges (CEXs), double the number from February.
Bitget holds over 95 million Pi, while OKX holds nearly 154 million, suggesting a high probability that investors are preparing to sell, meaning the risk of a price drop remains significant even if there is a temporary price recovery.
A worrying issue is that market liquidity is declining while supply is increasing sharply. According to CoinMarketCap, Pi Coin trading volume has plummeted from over $1.3 billion to just around $45 million, a drop of 96%. This clearly reflects a sharp decline in trading demand, raising serious questions about the market's ability to absorb the unlocked Pi supply in the near future.
Source: https://baonghean.vn/gia-pi-network-hom-nay-8-5-sap-co-them-hang-tram-trieu-token-10296769.html
![[Photo] Prime Minister Pham Minh Chinh attends the Conference on the Implementation of Tasks for 2026 of the Industry and Trade Sector](/_next/image?url=https%3A%2F%2Fvphoto.vietnam.vn%2Fthumb%2F1200x675%2Fvietnam%2Fresource%2FIMAGE%2F2025%2F12%2F19%2F1766159500458_ndo_br_shared31-jpg.webp&w=3840&q=75)
Comment (0)