Pi Network: 100 million tokens unlocked in April...🚀🪙🫶💥
A release of 100 million tokens worries the markets
The Pi Network project plans to release 100 million tokens this month, which is equivalent to nearly 60 million dollars. This operation attracts the attention of analysts, who fear an oversupply in an already retracted market.
The arrival of such a volume in circulation could provoke significant selling pressure. This type of event is always closely monitored, especially when demand is modest and the fundamentals of this crypto project are not very mobilizing in the short term.
Investors' concerns crystallize around several key factors:
A significant amount: the release of 100 million tokens represents a massive injection into the ecosystem, capable of upsetting the balance between supply and demand,
The absence of bullish dynamics: the market currently shows no signs of notable recovery of interest in Pi Network,
No counterpart announcement: no known plan has been communicated to accompany or absorb this liquidity shock.
These elements fuel speculation about a possible fall of the token in the coming weeks. The more cautious observers even mention the risk that the token could approach its historical lows if buying resistance does not manifest.