Pi Network Under Pressure as Token Unlocks Fuel Sell-Off
Pi Network is struggling as 126.6 million PI tokens hit the market this month, driving prices closer to all-time lows. With supply surging and demand lagging, the downtrend is intensifying.
Market Snapshot:
— Current PI Price: $0.6722
— All-Time Low: $0.6152 (Feb 20)
— Tokens Unlocking This Month: 126.6M
— Total Unlocked Supply: 4.9B
Why Is PI Dropping?
Crypto analyst Alex Obchakevich points to relentless token unlocks outpacing demand. Pi Network has been releasing an average of 133M PI per month, with another 1.54B set to flood the market over the next year.
The February mainnet launch, despite listings on Bitget, OKX, and MEXC, triggered heavy sell-offs, showing that exchange access alone isn’t enough to sustain demand.
Can Pi Network Survive?
Pi’s future depends on adoption, real-world utility, and competing with stronger blockchain ecosystems. If it fails to deliver, the downward spiral could continue.
What’s Next?
— Will Pi Network find a way to recover?
— Can new developments shift market sentiment?
— Investors should track whale activity and trading volumes for potential plays.
The clock is ticking—either Pi Network proves itself or fades into the background.
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