Pi Coin Under Heavy Selling Pressure as Token Unlocks Trigger 43% Monthly Drop

Pi Coin (PI) has dropped 43% over the past month due to sustained selling pressure. The decline follows increased token supply after mainnet migration, allowing users to sell holdings via centralized exchanges.

PiScan data shows 200 million PI tokens—2.7% of circulating supply—will unlock this month. Community frustration mounts as the Pi Core Team remains silent on concerns, with prominent supporter Dr. Altcoin warning of further declines unless "significant developments" emerge by PI Day in late June.

In an unusual development, some community members proposed fixing PI''s value at $314,159—a 100x multiple of pi''s mathematical constant. This unrealistic valuation WOULD require an unprecedented market cap, even considering only the 340 million PI currently available on exchanges.