BTCC / BTCC Square / Global Cryptocurrency /
Pi Network (PI) Faces Critical Juncture: Unlock Statistics May Spark Volatility Amid 80% Decline

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

Published:
2025-04-29 01:49:15
10
1
[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.

|Square

Get the BTCC app to start your crypto journey

Get started today Scan to join our 100M+ users