PI Network’s Looming Token Unlock Sparks Sell-Off Fears—’Here We Go Again’

PI Network holders brace for impact as scheduled token unlocks threaten to flood the market—just when retail investors thought it was safe to HODL.

Price pressure builds: The mobile-mined crypto faces its first major supply shock since mainnet launch, with early adopters now sitting on paper gains and itchy sell fingers.

Deja vu in DeFi: Another ’fair launch’ project discovers the hard truth that unlocked tokens rarely stay in diamond hands—especially when Lambo dreams meet rent deadlines.

Bonus cynicism: Nothing boosts ’decentralization’ like insiders cashing out while preaching long-term vision.

PI price decline and technical weakness are likely underpinned by the fundamental dilution risk. This month, 21.4 million PI tokens have been unlocked, equivalent to ~$12.3 million at current market prices. Although the April unlock may be relatively modest, investors are likely pricing in heavier future unlocks. The total monthly unlock trend shows a steady supply increase over time, with an expected average of over 131 million PI/month over the next year.

Unless a major update is introduced or the PI Foundation burns a significant portion of its nearly 72 billion PI (71,991,181,249 π) holdings across their wallets, the risk of sustained downward pressure on PI remains high.