Pi Network Grapples With Token Supply Glut as Unlock Wave Meets Tepid Demand
Pi Network's tokenomics are showing stress as circulating supply expansion overwhelms organic demand. With merely 2.5% of the 100 billion total supply currently liquid and 5.2 billion additional tokens poised to unlock, the project confronts escalating sell-side pressure.
Analysts highlight the lack of a burn mechanism as a fundamental design flaw, with Pi trading around $0.4612 amid deteriorating technicals. The sub-40 RSI indicates bearish momentum may continue until either demand drivers materialize or the token economic model undergoes significant revision.