Pi Coin Hits All-Time Low at $0.34 as Unlocks Trigger Sell-Off

Pi Network's native token has plunged to a record low of $0.34 as monthly token unlocks intensify selling pressure. The altcoin now faces 40% downside risk after breaking critical support at $0.44, with technical charts suggesting $0.26 as the next potential bottom.

Despite recent altcoin market rallies, Pi remains trapped below its 50-day moving average—a key technical divider between bullish and bearish momentum. Analysts highlight the breakdown from a bearish triangle pattern as confirmation of continued weakness, with PI failing to ride the sector's positive wave.

Compounding technical troubles are the project's centralized exchange hurdles, creating multiple negative catalysts. Traders remain hesitant to enter positions until PI shows sustained recovery above major moving averages.