Pi Coin Gains Steam as Whales Accumulate – What’s Next?
Excitement is building in the Pi Network community as analysts and investors increasingly point to a potential breakout for the altcoin.
One prominent voice, PiMigrate, believes Pi Coin could eventually climb to $5, citing strong support around the $0.60 level and the potential for real-world utility to drive demand.
PiMigrate’s optimistic view was echoed by fellow market watcher Moon Jeff, who also sees $5 as a realistic target. Backing their claims, both analysts referenced technical indicators suggesting Pi is forming a solid base, and that its current price structure hints at upward momentum.
Meanwhile, technical analyst Xia noted growing bullish signals, especially after Pi Coin surged past $0.63 with notable trading volume. Indicators like RSI and MACD are trending positive, reinforcing the bullish case.
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Fueling this sentiment is a recent surge in whale activity. In just two days, investors moved around 41 million Pi Coins—worth an estimated $27 million—off exchanges, a shift seen as a sign of long-term holding and reduced selling pressure. A significant portion of that, more than 13 million Pi, was transferred from OKX to private wallets.
Still, not all signals point straight up. Analyst Alpha Crypto highlighted a symmetrical triangle forming on Pi’s higher timeframe chart. According to him, a decisive move back into this structure could open the door for long positions, while a drop below it might present a shorting opportunity. For now, he advises traders to wait for clear confirmation before making moves.
Alex is Editor-in-Chief of Coindoo and co-founder of Millennial Media Group, with nearly a decade of experience covering financial markets - crypto first, then everything else. It started in 2016 with Bitcoin. Like most people at the time, he didn't fully understand it - so he kept digging. Blockchain, tokenomics, the projects, the cycles. That curiosity never stopped, and eventually pulled him into traditional markets too: equities, commodities, macro. Not because he left crypto behind, but because you can't properly understand one without the other. What drives him is straightforward: he wants to know why something is happening, not just that it's happening. Most market coverage stops at the headline - price up, price down, here's a chart. Alex finds that kind of reporting actively unhelpful. If you walk away from an article without understanding the mechanism behind the move, what did you actually learn? He holds a degree in Tourism from New Bulgarian University - not the most obvious path into financial markets, but markets have a way of pulling in people who are simply too curious to stay out. He has authored over 200 in-depth analyses and more than 10,000 articles across crypto and traditional finance. He still thinks every day in markets teaches him something new. That's probably why he hasn't stopped.
