Pi Network (PI) Faces Critical Juncture: Unlock Statistics May Spark Volatility Amid 80% Decline

BTCC / BTCC Square / Global Cryptocurrency /

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2025-04-29 01:49:15

[TRADE_PLUGIN]PIUSDT,PIUSDT[/TRADE_PLUGIN] PI News -

Pi Network (PI) continues to underperform despite broader crypto market resilience, with analysts identifying a potential inflection point. The token currently trades near $0.61 after breaking below its 21-day moving average, signaling short-term bearish momentum.

Fundamental pressures exacerbate technical weakness. Since February’s Open Network launch and subsequent surge to $3.0, PI has plummeted 80% amid sustained token unlocks. market participants are now closely monitoring unlock statistics as a potential catalyst for increased volatility.

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