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Pi Coin Update: Price Drops After 4.9 Million Tokens Unlocked, But Whales Continue to Accumulate
Pi Coin is trading at $0.63, down 1% in 24 hours, as 4.9 million new tokens were unlocked today, April 22. The market faces supply pressure, although notable whale activity and a long-term optimistic forecast suggest investor interest in this token is still likely.
Price stops below resistance as supply increases
Pi Coin continues to face resistance at $0.65. Since peaking at $3 on February 26, the token has dropped 85% before stabilizing in a sideways trading range.
Price stops below resistance as supply increases
Pi Coin continues to face resistance at $0.65. Since peaking at $3 on February 26, the token has dropped 85% before stabilizing in a sideways trading range.
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