$TRX The details of the Pi Coin unlocking in April are as follows¹ ²:
- *Total Tokens to Unlock*: It is expected that between 119 and 126.6 million Pi tokens will enter circulation this month.
- *Tokens Already Unlocked*: 1.4 million tokens were unlocked on April 11, with 8.2 million PI tokens recently unlocked, contributing to the price drop.
- *Daily Unlocks*: The daily average of unlocks is over 7 million tokens, with the largest number of tokens (11.2 million) expected to enter circulation on April 30.
- *Potential Impact*: Large token unlocks are putting pressure on the price of Pi Coin, which could cause further price erosion in the short term due to the increase in supply.
- *Future Unlocks*: More than 1.6 billion tokens from Pi Network, valued at around 1.4 billion dollars, are expected to be released into circulation in the next 12 months, which could undermine the token's value.
Unlocks are part of Pi Network's scheduled token release plan, with monthly unlocks exceeding demand, affecting the token's value. The Pi Network team faces challenges in managing the token's supply and demand dynamics.³ ⁴
