The impending release of 188 million Pi Coins is drawing near, with the price vying for a breakout at the $1 mark.

The price movement of Pi Coin is fueled by a mix of speculative enthusiasm and tangible advancements in its ecosystem, such as the introduction of Pi Ads and Pi Domains that enhance its practical application. Nevertheless, the imminent release of 28.16 million tokens, along with the absence of significant listings on exchanges, may pose significant challenges. A recent tweet from John Morgan indicated that Pi Coin is approaching the $1 mark with a significant unlock of 188 million tokens on the horizon. This follows the release of a new recovery plan, providing optimism—a follow-up to Crypto News Flash’s earlier emphasis on Pi Coin’s struggles. Pi Coin (PI) is back in the spotlight, surging more than 25% in just one day to reach a price of approximately $0.75. This increase has established it as one of the leading altcoins lately, boasting a 52% increase in value over the last 90 days. Nonetheless, upcoming challenges such as a major token release and general market instability might put its stability to the test. Reflecting on the past, this surge in momentum was initiated by a mysterious tweet from Paul Grewal, the Chief Legal Officer of Coinbase, which mentioned Pi Day and included images of purple pies branded with Pi—this was shared in a tweet by the Byte Community. Trending news suggests #Coinbase might be hinting at a potential Pi Coin listing. As #Binance remains quiet, Coinbase, the largest exchange in the U.S., has ignited rumors regarding a potential listing for $PiCoin. Paul Grewal, the Chief Legal Officer at Coinbase, shared an enigmatic tweet related to #PiDay that included a picture. – Byte Community (@Byte_Community) March 18, 2025. Additionally, recent news in the Fintech sector has pointed out that the latest surge in prices is driven by positive sentiments regarding the advancements in the Pi Network’s ecosystem, including its exchange listings and community attitudes.