Pi Network Price Teeters as 139 Million Token Unlock Looms
Massive token release threatens to reshape Pi Network's market dynamics—just when investors thought volatility couldn't get more dramatic.
The Supply Shock
139 million tokens hitting the market isn't just a number—it's a potential tsunami of selling pressure that could drown recent price gains. Early investors and team members finally get to cash out their holdings, creating the ultimate test of market depth and investor conviction.
Price Pressure Points
Trading volumes spike as speculators position themselves for the unlock. Support levels that held strong for weeks now look fragile against the coming supply flood. The network's fundamental value proposition faces its most public stress test yet.
Market Psychology at Play
Fear and greed battle it out in real-time charts. Some see discounted entry points while others brace for impact. The classic crypto dilemma: buy the rumor or sell the news?
Because nothing says 'decentralized finance' like watching early insiders finally get their chance to dump tokens on retail investors. The circle of crypto life continues, beautifully inefficient as ever.
Pi Network price technical analysis
The eight-hour chart shows that the Pi Coin price has been in a freefall in the past few months. It crashed to a low of $0.1856 in September as the crypto market plunged.
Pi has moved below the lower line of the descending triangle pattern (shown in orange). It remains below the triangle and all moving averages.
Therefore, the coin will likely stay under pressure in October amid the token unlocks. However, there is a possibility of a short squeeze, particularly if a major announcement, such as an exchange listing, hits the tape.
