Date: 2025-04-02
Social cryptocurrency project Pi Network’s price approaches all-time lows as more and more coins are unlocked.CoinMarketCap data shows that Pi Network (PI) is trading at $0.6722 as of press time, very close to its all-time low of $0.6152 reported on Feb. 20. The price action comes as over 126.6 million PI tokens are expected to be unlocked this month, equivalent to just under 1.87% of the coin’s current circulating supply.Monthly Pi unlock chart. Source: PiScanFounder of Obchakevich Research, Alex Obchakevich, attributed the price downturn to continued PI unlocks in correspondence with Cointelegraph. He described the event as “inevitable in any case” and said:“Monthly unlocks exceed demand, which greatly affects the value of the token.“Rela...
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