Whales Lock 3.3M Pi Coins in 24 Hours As Daily Unlocks Drop from 9M tokens to 5.9 million- Recovery Ahead?

Over 3.3 million Pi tokens were locked in 24 hours as Pioneers bet on its long-term future. Will this move help stabilize Pi Coin’s value?

Pioneers locked 3,349,768 PI tokens for two weeks or more, which suggests long-term faith in the project amid price volatility.

This came after Pi Network's mining rate was cut by 8% to its lowest ever, in a bid to stabilize the ecosystem.

Pi Coin dropped to $0.32 on August 1, before recovering slightly to $0.3553.

#pi #PiNetwork #PiCoreTeam #BinanceSquareFamily #Write2Earn $BTC $BNB $WCT