Major Pi Network (PI) Warning for This Week: Largest Daily Unlock Scheduled for July 4th
2025-07-01 09:27:17
Main Idea
Pi Network's PI token has experienced an 8% decline, trading below $0.50, with a significant token unlock of 19.2 million PI expected on July 4, potentially increasing downward price pressure.
Key Points
1. Pi Network's PI token dropped by 8% in the past week and is trading below $0.50.
2. A major token unlock of 19.2 million PI is scheduled for July 4, which may lead to downward price pressure.
3. Price performance around Pi2Day (June 28) showed PI trading around $0.50 before a post-update decline.
4. Bullish elements include the launch of Pi AI Studio, which predicts a possible breakout.
Description
TL;DR PI’s price dropped below $0.50, and a record million token unlock on July 4 could intensify selling pressure. Despite the decline, some analysts on X cite strong demand, potential accumulation by large investors, and bullish technical patterns to envision a possible breakout. Fasten Your Seat Belts Several well-known cryptocurrencies have witnessed substantial price increases over the past week. However, Pi Network’s PI is among the few in the red zone, plunging by 8% within that timeframe...
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