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PI Network is under pressure as the price has dropped by more than 8%, reflecting a general decline in the cryptocurrency market.


An additional uncertainty is the fact that the unlocking of nearly $480 million worth of tokens will soon take place, causing outrage due to increasing sales.
Yesterday, the unlocking of the Pi coin will increase from the usual 8.94 million tokens per day to 23.13 million, which is equivalent to about 46.27 million dollars. Next month, approximately 268 million Pi will be released, totaling nearly 480 million dollars, which may affect the price.
The new Pi tracker provides information on these unlocks, but does not take into account unreleased tokens.
Despite the outrage, Pi Day on March ( brings hope for key messages, especially regarding stock listings.
Without official confirmation from the exchange, there may not be enough speculation to ensure a sustainable recovery. As the market unlocking date approaches, it will be closely monitored, and volatility is expected unless significant updates from the announcements of the day ) appear.
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PIPI-0.60%


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Comment 4
marigoldlv
interesting review 🧐 thank you ♥️
GateUser-b9bf5629
Pretending to know when one doesn't understand.
Ukrained
Pay close attention 🔍
Ukrainochka 1285Author
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