#PI in the past 24 hours, PI has dropped nearly 6%, falling to about $0.462, just a few cents above its historical low of $0.40.


Despite Bitcoin soaring to over $118,000 and Ethereum maintaining above $3,000, PI has still performed poorly, dropping over 29% in the past two weeks. Even the recent Pi2Day event failed to restore holders' sentiment.
One of the main factors leading to the drop is the large-scale token unlock this month. Between July 8 and 15, over 100 million PI tokens will be released, accounting for approximately 1.5% of the total supply. In just one day, 10 million tokens will enter circulation. This influx has increased selling pressure as early holders begin to cash out.
PI3,83%
BTC0,24%
ETH-1,09%
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