Pi Network Price Forecast: Downside risk escalates for PI ahead of major token unlock, on-ramp delay

Pi Network faces increasing overhead pressure as it struggles to avoid a drop below $0.40, close to its all-time low.

Around 160 million PI tokens will be unlocked in August, increasing the circulating supply by 2.1%.

The price fails to find support as the Pi Network on-ramp service, allowing users to buy PI directly, is delayed.

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