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  • Anjali Belgaumkar
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    Writer by choice, CryptoCurrency Writer, and Researcher by chance. Currently, focusing on financial news and analysis, as well as cryptocurrency news and data. One may not call me a crypto “Enthusiast” but trust me I'm getting there.

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Pi Network Faces Biggest Token Unlock of Next 30 Days: Is a Drop to $0.65 Coming?

  • currency-symbol PI $ 0.5345 (-5.01%) top looser
Story Highlights
  • Pi Coin Faces Price Pressure: Pi drops to $0.77 after failing to hold $3; major token unlocks this week may trigger further selling.

  • Ecosystem Growth Offsets Volatility: With over 100 DApps and a new $100M fund, Pi Network’s long-term outlook remains optimistic.

Pi Coin is still struggling to hold its ground in the market. After failing to hold a rally toward its old high of $3, the price once again dropped sharply. The coin recently hit $1.67 before falling back to around $0.77 at the time of writing.

When Pi Coin was first listed, it started at $3 but quickly dropped to $0.60 on the same day. It managed to bounce back to $3 within 34 days, but this rise created strong selling pressure as early investors rushed to cash out. Many saw $3 as a good exit point, especially after the coin had previously fallen more than 80%.’

In terms of important price levels, Pi Coin is currently facing immediate resistance at $0.94, $1.20, and $1.66. If the price manages to break above these levels, the final bullish target in the short term remains at $3.00. On the downside, the critical support to watch is $0.65 — if the price falls below this level, it could lead to even steeper declines ahead.

Upcoming Token Unlocks May Add More Pressure

Adding to the concerns, a large number of Pi tokens are scheduled to unlock in the coming days, which could increase selling pressure:

  • May 26: 10 million Pi will unlock
  • May 27: 12 million Pi will unlock
  • May 28: 15 million Pi will unlock — the biggest unlock in the next 30 days

These large unlocks could add extra pressure on the price, as newly available tokens might be sold on the market.

Positive Developments in the Pi Ecosystem

Despite the price struggles, the Pi Network ecosystem is growing fast. According to analyst Kim Wong, there are now over 100 Pi-based decentralized apps (DApps), with some already live on the Mainnet, some being tested, and others still in development.

Adding to the excitement, the recent launch of a $100 million Venture Fund is expected to help the growth of the Pi ecosystem even further. As more apps go live and adoption increases worldwide, Pi’s long-term potential continues to look bright.

The network now boasts over 70 million users globally, including 20 million KYC-verified users and 4.3 million X (Twitter) followers. Pi Coin is also listed on several exchanges and ranks #26 by market cap among all cryptocurrencies.

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FAQs

What’s driving long-term optimism for Pi Coin?

Growing DApps, rising adoption, and a $100M fund support Pi’s future potential.

What exactly are “token unlocks” and how do they affect the price?

Token unlocks release more coins, often leading to increased selling pressure.

How reliable are these DApps and what kind of utility do they offer?

Pi DApps offer utility like payments and games, many tested or live on Mainnet.

Where can I find more info about Pi-based DApps or the ecosystem?

Visit the Pi Network’s official site, blog, or social media for DApp updates.

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