- The release of 154 million PI tokens is expected soon, which could negatively impact the price of the cryptoasset, which is already experiencing low demand in the community.
The price of PI has fallen by approximately 37% from its recent high, despite the project regularly publishing updates about its ecosystem and future events.
pressure on token may continue in the coming weeks, especially if supply grows faster than demand and market sentiment remains weak.
Pi token unlock schedule
One of the key factors that could impact PI is the upcoming unlock schedule. Over the next 30 days, approximately 154,2 million tokens are expected to enter circulation, or approximately 5,1 million per day.
An increase in the circulating supply could put pressure on the price if buyer demand doesn’t increase at a similar rate. Large unlocks have often led to short-term volatility in other crypto projects, and PI could face the same risk if holders decide to sell some of the newly available supply.
Tensions between the US, Israel, and Iran also affect cryptocurrency prices, adding another layer of uncertainty. In such circumstances, risky assets often don’t generate much interest from buyers.
Risk Warning:
The information on this website is for informational and educational purposes only and does not constitute investment advice or financial recommendations. Cryptocurrencies and digital assets carry a high level of risk, including possible loss of capital. The editors are not responsible for decisions made based on the published materials. It is recommended that you conduct your own research (DYOR) before making any investment decisions.