Pi Network’s 231M PI Unlock: Bullish Catalyst or Liquidity Trap?
Pi Network prepares to unleash 231 million PI coins into circulation—will this trigger a sell-off or fuel the next rally?
Key factors to watch:
- Circulating supply shock: The unlock represents ~15% of current supply, testing market depth
- Mainnet momentum: Recent utility developments could absorb selling pressure
- Miner psychology: Early adopters may hold rather than dump at current prices
While traditional finance pundits predict doom (as usual), crypto natives see opportunity—after all, Bitcoin survived 1M+ BTC unlocks from Mt. Gox. The real question isn’t whether PI drops, but whether buyers step in to turn this into a liquidity springboard.