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PI Token Plummets to Record Low as 150M Token Unlock Looms
PI Token Plummets to Record Low as 150M Token Unlock Looms
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[TRADE_PLUGIN]PIUSDT,PIUSDT[/TRADE_PLUGIN]
PI News -
PI Network's native token dropped to an all-time low of $0.40 before stabilizing, as traders anticipate a 150 million token unlock worth $64 million. The 30-day distribution could intensify selling pressure in an already weak market.
Technical indicators show worsening bearish trends. The Aroon Down Line hit 100%, confirming a strong downtrend, while a MACD crossover points to fading momentum. These signals often precede prolonged declines without significant demand drivers.
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