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Pi Network Faces 25% Crash Amid Token Unlock: Will Binance Listing Be Its Lifeline?

Pi Network Faces 25% Crash Amid Token Unlock: Will Binance Listing Be Its Lifeline?

Published:
2025-05-13 08:00:31
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Pi Network (PI) experienced a sharp 25% decline to $1.10 following the release of 8 million unlocked tokens, erasing its recent gains that saw it peak at $1.40. The sell-off was driven by market concerns over the increased token supply, with an additional 13 million tokens scheduled for release on May 15. Trading volume spiked to $1.9 billion ahead of the crash, underscoring heightened speculative activity. Attention is now focused on Binance, as a potential listing could offer much-needed liquidity and stability to the beleaguered cryptocurrency.

Pi Network Crashes 25% Amid 8 Million Token Unlock, Will Binance Listing Save it?

Pi Network (PI) plummeted 25% to $1.10 following an 8 million token unlock, reversing its recent rally to $1.40. The sell-off reflects market anxiety over increasing supply, with another 13 million tokens set for release on May 15.

Trading volume surged to $1.9 billion ahead of the crash, highlighting speculative interest. All eyes now turn to Binance—a potential listing could provide liquidity and stabilize prices, but the network faces a critical test of investor confidence amid accelerating token unlocks.

Polygon-Backed RDAC Token to Debut on Binance Alpha

Redacted’s native token RDAC, supported by Polygon Ventures, will commence trading on Binance Alpha on May 13, 2025, at 10:00 AM UTC. The Web3 accelerator’s listing follows an exclusive token generation event (TGE) campaign targeting high-tier Alpha users.

Binance’s spotlight platform for emerging projects will distribute airdrops to qualifying participants within 10 minutes of trading launch. The exchange has withheld details regarding the total allocation reserved for this initiative.

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