📉 Pi Network ($PI) on the Edge – Major Token Unlock Incoming!
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🔻 Current Status:
Price: Now below $0.4200, after peaking at $0.4364
Approaching all-time low near $0.4000 (last hit June 13)
Down 17% in July – continuous decline since mid-May
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🧨 What’s Triggering the Pressure:
1. 160M Token Unlock in August
Adds 2.1% to circulating supply
Biggest unlock until December (170.5M scheduled)
Historically increases sell pressure & profit-taking
2. Delayed Onramp Integration
Onramp Money postpones fiat integration until mid-late August
Banxa & TransFi shown in app, but not officially announced
Lack of access = limited buyer demand
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⚠️ Technical Outlook:
Breakdown below $0.4000 may trigger sharp dip to:
S1 Pivot: $0.3837
S2 Support: $0.2585
To reverse this bearish trend, PI needs to reclaim $0.5000
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💡 Investor Tip:
Unlock events often lead to dumps, not pumps — if you’re sidelined, wait for post-unlock stability before considering entries. Volume + tokenomics = critical right now.
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#PiNetwork #PiCoreTeam #CryptoUnlocks #TokenEconomics #PIUSD #AltcoinNews #BNB $BTC $SOL $BNB
