Pi Coin Price Prediction December 2025: Bullish or Bearish After the 190M Supply Unlock?

Pi Coin has captivated millions, promising a decentralized digital currency with over 60 million users. Yet, despite its rapid growth and loyal community, the coin’s price has remained volatile. After an initial surge to $3, Pi Coin now hovers around $0.20–$0.25, leaving many to wonder what the future holds. The answer could come in December 2025, when 190 million PI tokens are scheduled to unlock, injecting significant new supply into the market.

This unlock, marking 2.3% of Pi’s total supply, has the potential to shift the dynamics of the Pi Network dramatically. As the token becomes more liquid, the question arises: can Pi’s expanding ecosystem and growing use cases absorb the additional supply, or will the market face downward pressure? In this article, we’ll explore the possible price outcomes for Pi Coin and whether December will be a bullish or bearish turning point.

What Is the December 2025 Pi Coin Unlock?

Pi Coin Unlock Plan in the Next 6 Months

Source: piscan

Pi Coin's tokenomics are structured around a fixed total supply of 100 billion tokens, with the aim of gradually releasing them to the community. As part of this plan, 190 million PI tokens are set to unlock in December 2025, marking a key moment in the network’s development. This release will add 2.3% of the current circulating supply into the market, which is significant considering Pi's relatively small market capitalization.

The unlock is part of a broader, ongoing release schedule designed to gradually introduce Pi Coin into circulation over time. Previous unlocks have seen large tranches of tokens enter the market, leading to both excitement and concern among investors. While some view this as a necessary step to ensure that the network remains decentralized and liquid, others worry about the potential for price depreciation due to the influx of new tokens. December's unlock is one of the largest scheduled for 2025, and it will likely be a critical test for Pi’s price stability and long-term value.

Current Market Status Before the Unlock

Pi Coin Price

Source: CoinMarketCap

As of December 2025, Pi Coin is trading at around $0.20–$0.25, reflecting a steady but cautious market sentiment. Since its initial surge to $3 after the mainnet launch, the price has faced significant corrections, settling into a more stable range over the past few months. Despite this price stability, the market is still trying to determine Pi's long-term value, as the token’s price remains sensitive to both external factors and internal developments within the Pi Network ecosystem.

In recent weeks, Pi’s price has shown resilience, even in the face of a broader crypto market downturn. While Bitcoin and many other altcoins have struggled, Pi has managed to maintain its position around the $0.20 mark. This stability is partially attributed to the growing Pi ecosystem, which has seen an uptick in app usage and development, as well as increasing interest in Pi’s regulatory progress. However, technical indicators show mixed signals. Some analysts note that Pi is approaching key resistance around $0.28, and if it fails to break through this level, the token may struggle to make significant upward moves. On the other hand, $0.20 remains a critical support level, and a failure to hold above this could signal further downward pressure.

Bearish Case: Will the 190M Unlock Lead to a Price Drop?

The bearish outlook for Pi Coin centers around the potential impact of the 190 million PI token unlock. With this large amount of supply entering circulation, there’s a real concern that the market will struggle to absorb the new tokens, leading to downward pressure on Pi’s price. Historically, major unlocks have triggered sell-offs, as early adopters and holders look to capitalize on the influx of new tokens.

If the market fails to maintain demand for Pi, the influx of unlocked tokens could overwhelm the buying interest, pushing the price lower. Analysts point to the critical support level around $0.20. If Pi’s price falls below this threshold, it could trigger a cascade of selling, potentially dragging the price to $0.18 or lower. Furthermore, the broader crypto market remains in a fearful state, with the Fear & Greed Index hovering at around 20 (extreme fear). This market sentiment could add to the selling pressure, especially if Pi’s price begins to dip after the unlock.

In addition, there are concerns that the unlocking process will not lead to significant real-world utility for Pi in the short term. Despite growth in the network’s ecosystem, Pi Coin’s value proposition is still being tested, and without strong adoption or usage beyond speculation, the token may face a rocky road in December 2025.

Bullish Case: How the December Unlock Could Boost Pi's Value

On the flip side, there’s a strong argument that Pi Coin could overcome the pressure from the 190 million token unlock and experience upward momentum instead. Proponents of the bullish case point to the expanding ecosystem and increasing real-world utility of Pi Coin as key factors that could absorb the new supply and maintain or even raise the token’s value.

One of the major drivers behind a bullish outlook is Pi Network's ongoing development. The project has been securing strategic partnerships in industries like gaming, merchant payments, and decentralized applications (dApps). The integration of Pi into gaming economies, through partnerships like CiDi Games, for example, could drive demand for Pi as a utility token rather than a speculative asset. Moreover, Pi's regulatory progress, particularly in Europe, is another positive signal. As Pi Network files for MiCA (Markets in Crypto-Assets) compliance in the EU, the project is moving closer to being listed on regulated exchanges like OKX Europe. This regulatory clarity could give investors confidence, attracting institutional and retail interest alike, and potentially driving Pi Coin’s price higher.

Additionally, Pi's unique market position — with a large user base, low circulating supply, and gradual token unlocks — could support a price rise. The network’s decentralized finance (DeFi) features, like its Pi DEX, may also help stabilize Pi’s value amid potential volatility. If demand for Pi continues to rise due to the expanding use cases and exchange listings, the newly unlocked supply might not have as significant of a negative impact. In fact, the influx of liquidity could attract more buyers, particularly if the $0.28 resistance level is broken and Pi starts to trend upward.

What Will Drive Pi Coin's Price? Key Indicators to Watch in December 2025

Several factors will determine how Pi Coin's price reacts to the 190 million token unlock in December 2025. These factors, ranging from market sentiment to technical indicators, will play a crucial role in shaping Pi's price action in the coming weeks.:

● Community Sentiment: The strength of Pi’s community is a powerful driver of price. Positive sentiment surrounding Pi’s development, especially news of new use cases, partnerships, or adoption, could bolster Pi’s value. Monitoring platforms like X (formerly Twitter) and Reddit, where Pi enthusiasts and investors discuss the latest updates, will offer insights into the market’s mood.

● Broader Market Conditions: Pi’s price is not isolated from the larger crypto market. If Bitcoin and other major cryptocurrencies experience a rebound, Pi is likely to follow suit. However, if the broader market remains fearful or bearish, it could drag Pi’s price down. Keeping an eye on the Fear & Greed Index and Bitcoin’s movements will be crucial in gauging Pi’s potential response to market shifts.

● Technical Analysis: Technical indicators will provide critical insights into Pi’s price direction. The $0.28 resistance level is key: if Pi breaks above this price, it could signal a bullish trend with targets pushing towards $0.36 or higher. On the flip side, failing to hold the $0.20 support level could lead to further declines, potentially testing the $0.18 range. Watching these key price levels will be essential to understand the token’s next move.

By monitoring these key factors, investors can gain a clearer picture of what to expect from Pi Coin as it navigates the significant unlock event in December 2025.

Pi Coin Price Prediction for December 2025

With the 190 million Pi tokens unlocking in December 2025, analysts have outlined several potential price scenarios for Pi Coin based on market dynamics, supply absorption, and the overall direction of the broader crypto market

Bearish Scenario

In the bearish scenario, the large token unlock overwhelms the market, leading to significant selling pressure. Investors who have been holding Pi may decide to liquidate their tokens, causing the price to drop. If Pi fails to maintain the $0.20 support level, it could fall further, testing $0.18 or even $0.15. In this scenario, the price could experience a sharp decline, especially if there is little new demand from external factors ecosystem growth. The market may view the unlock as an inflationary event that increases Pi’s supply faster than demand can keep up, causing a downturn.

Neutral Scenario

In a neutral scenario, Pi Coin’s price remains relatively stable as the market absorbs the unlocked tokens gradually. While there may be some initial volatility after the unlock, the overall price might hover in the range of $0.20 to $0.25. This outcome suggests that the release of additional tokens has been priced in by the market, and the network's continued growth — including ecosystem adoption, new apps, and Pi’s regulatory progress — helps stabilize the price. The $0.20 support level would likely hold, preventing any drastic downward movement, but the price may struggle to break through the $0.28 resistance unless there’s a significant increase in utility or adoption.

Bullish Scenario

In the bullish scenario, the unlock creates an opportunity for Pi Coin to rally. If demand from new partnerships, regulatory clarity, and increased utility exceeds the new supply, Pi could break through the $0.28 resistance and rise toward $0.36 or higher. The market may view the unlock as a positive event, with the influx of liquidity boosting interest in Pi’s expanding ecosystem. In this scenario, Pi’s price could see a strong upward trend, especially if the broader crypto market is experiencing a rally or if Pi secures a major exchange listing.

Conclusion

December 2025 will be a defining month for Pi Coin, as the 190 million token unlock sets the stage for a critical test. The influx of new tokens into the market could put significant pressure on Pi’s price, potentially triggering sell-offs if demand fails to match the supply. However, Pi’s growing ecosystem, strategic partnerships, and regulatory advancements offer a glimmer of hope that the additional tokens will be absorbed without dramatic price depreciation. If the network continues to evolve and attract more real-world use cases, the unlock could turn into a catalyst for growth rather than a setback.

As we approach December, the key question remains: Can Pi Coin withstand the challenges posed by the unlock and maintain its upward trajectory? With its expanding user base and increasing utility, Pi has the potential to surprise even the most skeptical investors. Yet, the outcome will depend on how the market absorbs the new supply and whether Pi can convert its momentum into lasting value. Will Pi break through resistance levels and establish itself as a true contender in the crypto space, or will the unlock spell another price correction? Only time will tell — and the answer could reshape the future of Pi Coin.