Pi Network on the Brink — Major Token Unlock Could Push $PI to New Lows
$PI is teetering near its all-time low of $0.4000 as bearish pressure mounts.
With 161.6M tokens set to unlock in August, the circulating supply will surge by 2.09%, fueling fears of a deeper drop.
🔻 Price Update:
After touching $0.4364, $PI slipped below $0.4200. If it breaks $0.4000, it could head toward $0.3837 or even $0.2585.
📉 What’s Adding Pressure?
Largest unlock until December could spark heavy selling.
Onramp Money delays fiat integration for $PI, dampening investor sentiment.
PI has dropped 17% in July, with no immediate recovery in sight.
📈 Bulls need a reclaim of $0.5000 to reverse the trend. Until then, caution is key.