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Pi Network Moves to Stabilize Price Amid Token Unlocks: Experts
Xinchao_mi 15h Crypto specialist Dr. Altcoin has disclosed that the Pi Network team has been actively managing the supply from centralized exchanges (CEX) to aid in stabilizing the price of Pi Coin.
He elaborated on the measures taken by the team, which have contributed to the altcoin maintaining its position above the $0.63 support level, preventing it from declining to new lows after the recent token unlocks.
Expert Discusses Pi Network Team's Efforts to Stabilize Pi Coin Price In a recent post on X, Dr. Altcoin disclosed that the Pi Network team has enacted a strategy aimed at absorbing the surplus Pi supply entering Centralized Exchanges (CEXs) to stabilize the price of Pi coin.