๐จ#Pi is still struggling to hold reclaim its former high of $3, the price dropped hard โ falling to $1.67, and now hovering around $0.77 ๐.
When Pi first launched, it started at $3, crashed to $0.60 the same day, then bounced back to $3 in just over a month. But that quick rise led to heavy sell-offs, with many early users cashing out ๐ธ.
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๐ Key Price Levels
Resistance Zones: $0.94 โ ๏ธ, $1.20 ๐ผ, $1.66 ๐บ
Major Support: $0.65 ๐จ
Bullish Target: $3.00 (if momentum returns) ๐ฏ
A break below $0.65 could trigger further losses, while climbing above $1.66 might reignite short-term bullish hopes ๐.
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๐งจ Incoming Token Unlocks Could Add Pressure
Massive token unlocks are scheduled soon โ a potential storm for the price:
May 26: 10M Pi
May 27: 12M Pi
May 28: 15M Pi โ the largest unlock this month! ๐จ
More circulating supply = higher chance of sell pressure. Eyes on the charts! ๐
๐ Read: Pi Network Futures Now Live on Kraken Pro
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๐ Ecosystem Growth: A Long-Term Bright Spot
Despite short-term price woes, Pi Network continues to build ๐ช:
Over 100 decentralized apps (DApps) in development
A new $100M venture fund to support innovation ๐
70M+ users globally, 20M+ KYC-verified, and 4.3M Twitter followers
Listed on multiple exchanges, now ranked #26 by market cap ๐
While short-term volatility remains, Pi's long-term ecosystem growth is a reason to stay tuned ๐ฎ.