News About Pi Network: 119 Million Tokens to Be Released at the End of the Month
Pi Coin is currently trading at $0.59, struggling to break through the key resistance level at $0.60. This decline comes after a sharp drop in recent days, with a decrease of over 30% in the past 14 days and down more than 80% from the peak on February 26. Price pressure is emerging as a large token unlocking event continues. According to PiScan, over 119 million Pi tokens are expected to enter circulation this month alone, with 1.4 million tokens unlocked just on April 11. The remaining tokens will be gradually released throughout the rest of the month.
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