🚀 $PI has increased by over 400% from the bottom and is preparing to unlock 254 million tokens – is the market about to 'flip'?
📉 The unexpected drop:
Pi Coin just lost 13.1% in 24h, from $1.55 ➝ $1.07, wiping out $1.1 billion in market cap, now only $7.6 billion
📊 Strong selling pressure:
Trading volume increased by +49.07%, reaching $1.96 billion
Volume/Market Cap ratio = 26.17% → Extremely high selling pressure 🧨
🔒 Loose supply – price sensitive:
Only 7.08 billion PI in circulation
Total maximum supply: 100 billion PI
Diluted valuation: >$107 billion → Very high volatility risk ⚠️
⏳ Soon to unlock 254.99 million PI (~$276 million):
Taking place in the next 30 days
Average per day: 8.5 million PI (~$9.2 million)
Peak unlocks:
🔸 16/5 – 14.75 million PI (~$16 million)
🔸 Other days: 15–17/5, 23/5, 6/6
📆 Impact:
Each unlock is a market demand test. If no new money comes in – selling pressure will dominate.
🛠️ Expectations are not strong enough to hold the price:
The mainnet update is just a technical upgrade
Listing rumors have not been confirmed
→ Investors are starting to doubt and react defensively