🔻 Pi Network Runs Out of Steam – Can It Rebound? 🔻
After riding a wave of optimism earlier this summer, Pi Network appears to be losing momentum, with eyes now on the critical $0.40 support level. Here's what’s happening in the Pi world:
🌪️ Fading Hype, Rising Pressure
📉 Price action is weakening as the emotional boost from Pi2Day and ecosystem news fades.
🔄 Past patterns repeat: Big announcements ➡️ short-lived rallies ➡️ sharp corrections.
🚨 Token Unlock Incoming
📅 Over 276 million PI tokens set to unlock this July – nearly 4% of total supply.
⚖️ No major counter-news expected to offset this flood of liquidity.
😟 Traders worry about supply shock dragging price lower.
🧱 $0.40 – The Line in the Sand
🧨 A break below could trigger technical sell-offs.
🪙 Some bargain hunters may enter – if sentiment holds.
🔧 Hope in Infrastructure Shift
🚀 Pi Core Team now supports direct app hosting, making it easier for developers to launch Pi-based apps.
🛠️ Long-term potential for adoption—but won’t cushion short-term volatility.
📊 Investor Mood: Cautious
🔍 Market watching closely for signs of either recovery or deeper correction.
⌛ The coming weeks are crucial for Pi’s next chapter.
✨ Is Pi ready for a comeback—or will it dip further before rebounding?
🔁 Share your thoughts and stay tuned as volatility unfolds!
