Key Insights:
- An expert predicts a 242% Pi Coin price rally, sparking optimism among investors.
- Hidden bullish divergence with MACD signals a potential reversal move.
- Dr. Chengdiao Fan to speak at TOKEN2049 amid Protocol v23 upgrade.
Analyst JAVON MARKS has predicted a potential 242% rally for Pi Coin price. He has targeted $1.23 based on hidden bullish divergence with MACD indicators.
The analysis comes as Pi Network faces millions of token unlocks through December 2025 and prepares for the co-founder’s first major public appearance since 2019 at TOKEN2049.
Pi Coin Price Analysis Points to Potential Bull Reversal
Renowned crypto market expert JAVON MARKS has identified a hidden bullish divergence between Pi Coin price action and MACD indicators.
The analyst suggests this technical setup could cause a “massive bull reversal move” from current levels. The projected 242% rally would bring PI to $1.23, which the analyst indicates “may only be the start.”
Pi Network token currently trades below its all-time high of $2.99 reached on February 26, 2025. The token has dropped 88% from peak levels and touched an all-time low of $0.3312 on August 26, 2025.
Recent price action shows recovery from these lows, with the price currently hovering around the $0.35 level.
The hidden bullish divergence pattern happens when the price makes lower lows while the MACD indicator forms higher lows.
This technical setup is often followed by trend reversals in cryptocurrency markets.
Recent whale activity supports the bullish thesis with one large investor accumulating 376.9 million PI tokens worth approximately $134 million.
This accumulation pattern is happening at the time around the Protocol 23 upgrades and speculation around major exchange listings.
Pi Network co-founder Dr. Chengdiao Fan will make her first major public appearance, since Pi Network’s 2019 launch, at TOKEN2049 Singapore.
The co-founder speaks on October 1, 2025, at 4:30 PM local time on the TON Stage at Marina Bay Sands. Pi Network will also be a Gold Sponsor for the conference.
Meanwhile, the Pi Coin community expects clarity on network upgrade roadmaps, Pi App Studio development, and the $100 million Pi Ventures fund during the conference.
TOKEN2049 features 300 speakers and 500 exhibitors from 160 countries and could Pi Network with exposure to institutional investors.
The conference timing aligns with major network milestones that could influence listing decisions.
Pi Coin Unlocks Challenge Bullish Predictions
Pi Coin faces supply pressure through December 2025 with over 620 million tokens scheduled for release.
September 2025 unlocks include 116 million tokens worth approximately $33 million at current prices.
October, November, and December releases total 93 million, 102 million, and 170 million tokens, respectively.
The December unlock is the largest single release with 170 million Pi Coin entering circulation.
These scheduled releases are part of a larger program totaling over 400 million tokens in the final four months of 2025. Historical data shows a 337 million token unlock on July 15, 2025 caused a 25% price decline.
Daily migrations continue adding 3-5 million tokens to circulation beyond scheduled unlocks.
Pi Coin recently mapped 50 million tokens to the mainnet on September 17-18, 2025, temporarily boosting prices to around $0.64.
Pi Network Protocol v23 Upgrade Nears Completion
The Protocol v23 upgrades completion of Pi Network on Testnet1, with Testnet2 upgrades in progress has further supported the bullish anticipation.
The final mainnet deployment follows Testnet2 completion in the coming days. Notably, parallel transaction processing capabilities improve network throughput for real-world applications.
Protocol-level KYC integration addresses regulatory compliance while maintaining decentralization principles.
Stellar Core v23.0.1 rollout on testnet is another latest advancement, which has sparked optimism among Pi Coin enthusiasts. The protocol improvements align with Dr. Fan’s TOKEN2049 presentation about Web3 utility and adoption.
Network stability and scalability upgrades address previous concerns about readiness of Pi Coin for mainstream usage. These developments support analyst optimism about price appreciation potential.