🚨 PI Network Alert: Token Unlock Event Looms 🚨

Hey Binance fam! 👋 Keep a close eye on Pi Network (PI) as it's rapidly approaching its all-time low of $0.322. A massive token unlock event is on the horizon, which could trigger a significant sell-off.

What's happening?

- 149M Token Unlock: Over 149 million tokens worth $50.71 million will unlock in September, potentially increasing selling pressure.

- Declining Trading Volume: Daily trade volumes have been falling since mid-May, indicating market weakness.

- Price Forecast : If the negative trend continues, PI may fall to $0.322. However, a potential rebound to $0.400 is possible.

Key Stats:

- Current Price: $0.340

- All-Time Low* $0.322 (August 1)

- Potential Price Range: $0.322 - $0.400

What to do?

- Stay informed: Keep an eye on market developments and adjust your strategy accordingly.

- Be cautious: The token unlock event and declining trading volume may lead to increased volatility.

Join the discussion! Share your thoughts on PI Network's future price movement in the comments below. 👇 #PiNetwork #Crypto #TokenUnlock #MarketAlert #BinanceSquare