Bitget Market Analysis: Pi Coin Faces Critical Test at $0.335 Support Amid Massive Token Unlock

Pi Coin is experiencing significant selling pressure, with its price declining to $0.3635 amid a massive upcoming token unlock of 167 million PI tokens. The cryptocurrency has shown vulnerability, briefly touching its all-time low of $0.335 just twelve days ago, and has struggled to maintain any recovery momentum. Current market data reveals a 5.44% daily drop and a substantial 10.68% weekly decline, pushing the market capitalization to $2.85 billion. Notably, trading volume has surged by 121% to $59.6 million, indicating aggressive selling activity in the market. This combination of technical weakness and fundamental pressure from the impending token unlock creates a challenging environment for Pi Coin holders and suggests that the $0.335 level may serve as a critical support test in the coming days.

Pi Coin Price Nears $0.335 Again Amid Unlock Pressure – What’s Next?

Pi Coin faces renewed downward pressure, sliding to $0.3635 with a 5.44% daily drop and a 10.68% weekly decline. Market capitalization now stands at $2.85 billion, while trading volume spiked 121% to $59.6 million, signaling aggressive selling activity. The token briefly breached its all-time low of $0.335 twelve days ago, failing to sustain recovery momentum.

An impending unlock of 167 million Pi tokens over the next 30 days—including 9.8 million released on August 16—has exacerbated bearish sentiment. Historical patterns suggest such events flood the market with supply, particularly damaging in low-liquidity conditions. At current prices, August’s $6.1 million unlock could intensify sell-offs.

Centralized exchanges hold 411 million PI, with Bitget alone accounting for 141 million, raising concerns about concentrated sell pressure. Community discontent over referral bonuses and KYC delays further dampens prospects. Technically, PI trades between $0.3576 and $0.3895, trapped below its 7-day SMA ($0.389) and 30-day SMA ($0.406), with RSI at 43 reflecting weak momentum.

Bitget Opens Access for AI Agent-Assisted Trading, Boosting Wider Crypto Adoption

Bitget, a leading cryptocurrency exchange and Web3 company, has publicly launched its AI-powered trading assistant, GetAgent. Initially introduced in July as an invite-only tool, GetAgent now offers three membership tiers tailored to different trader needs. The platform combines advanced AI with real-time market data to provide insights, strategies, and execution tools through a chat interface.

During its beta phase, GetAgent amassed a waitlist of over 25,000 users. Feedback from early adopters led to enhancements in accuracy, personalization, and responsiveness. The public rollout includes features like visual feedback for market signals and tiered access—from free analysis of top 50 coins to premium offerings for high-frequency traders.

Bitget Launches Web3 MotoGP Racing Mini-Game to Bridge Crypto and Motorsports

Bitget, a top-tier cryptocurrency exchange, has unveiled an interactive online racing game tied to MotoGP's second half season. The campaign, launching August 18, merges Web3 mechanics with real-world rewards through live leaderboards. Players compete for cash prizes, co-branded merchandise, and exclusive MotoGP experiences.

The initiative extends Bitget's existing MotoGP partnership as Regional Partner for four Grand Prix events. Three-time champion Jorge Lorenzo fronts the campaign, emphasizing the synergy between crypto's strategic precision and motorsports' split-second decisions. Points multiply during key races in Catalunya and Indonesia, incentivizing sustained engagement.

Bitget Launches AI Trading Assistant GetAgent to Public

Bitget has transitioned its AI-powered trading assistant, GetAgent, from invite-only to full public access. Initially launched in July with a 25,000-user waitlist, the tool now offers both free and premium tiers, targeting casual and professional traders alike.

The platform bundles over 50 features—including sentiment analysis and automated market insights—with basic functionality covering the top 50 cryptocurrencies. "AI is reshaping trading," said Bitget CEO Gracy Chen. "GetAgent democratizes this advantage, whether you're a novice or a veteran."

The move reflects broader industry adoption of AI tools, as traders increasingly rely on algorithmic assistance for decision-making. Bitget's rollout follows successful private testing, signaling confidence in AI's role in crypto markets.

Bitget Launches Tokenized Stock Contracts for Tesla and Nvidia

Bitget has rolled out the first Real-World Asset (RWA) Index Perpetual Contract in the crypto industry, enabling trading of tokenized equities and traditional assets. The initial offering includes Tesla, Nvidia, and Circle’s USDC-related contracts, structured as baskets of tokenized stocks from multiple issuers to stabilize pricing.

The contracts mirror crypto perpetuals, with index values sourced from providers like xStocks. Trading operates on a 5×24 schedule, pausing on weekends and stock market holidays to mitigate liquidation risks. Leverage is capped at 10x, with isolated margin mode as the sole option at launch.

Bitget plans to expand its RWA futures range later this quarter, adding more issuers and adjusting weightings based on market activity. The MOVE signals growing institutional interest in bridging traditional finance with crypto markets.