PI Token at Risk: 20% Price Drop Looms Amid Volatility and Unlock Pressure

Pi Network’s open mainnet launch three months ago marked a significant milestone after years of anticipation. The project quickly ROSE into the top 20 cryptocurrencies by market cap, driven by viral social media buzz and a claimed user base of over 60 million.

Despite increasing real-world adoption and exchange listings, Pi token prices show extreme volatility. Analysts point to heavy token unlocks creating sustained sell pressure as the primary cause. The network now faces a critical test as bearish technical patterns suggest a potential 20% decline.

Market watchers are questioning whether Pi’s retail-driven community can offset the macroeconomic headwinds affecting speculative assets. The token’s performance in the coming weeks will be decisive for its medium-term outlook.