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The Pi network came under pressure with a price drop of more than 8%, reflecting broader pullbacks in the cryptocurrency market.
To the concern is added the fact that the opening of almost 480 million tokens is inevitable, which raises fears of increased selling pressure.
On March 17, the opening of the Pi coin will increase from the usual 8.94 million tokens per day to 23.13 million, with an estimated value of about 46.27 million dollars. Next month, about 268 million PI will be issued - it is estimated at an approximate value of up to 480 million dollars, which may affect the price.
The new tracker for Pi provides information about these slots, but does not take into account unissued codes.
Despite the concern, Pi Day (March 14) brings hope to the main messages, especially regarding stock listings.
Without official confirmations from the exchange, speculation may not be enough to ensure a sustainable recovery. As the opening date approaches, the market will be closely watched, with expectations of fluctuations unless major updates from Pi Day announcements appear. 🔍 Pi Network Faces Pressure Amid Token Unlocking & Market Decline
Pi Network has taken a hit, with its price dropping over 8%, mirroring the broader downturn in the crypto market. Adding to the uncertainty is the upcoming $480 million token unlock, which has raised concerns about potential selling pressure.
📉 Massive Token Unlocking Ahead
On March 17, Pi Coin's daily token release will jump from 8.94 million to 23.13 million tokens, valued at approximately $46.27 million.
Over the next month, an estimated 268 million Pi tokens—worth nearly $480 million—will enter circulation, potentially affecting the price.
A newly launched Pi tracker provides insights into these unlocks, though it does not factor in unissued tokens.
📆 Hope on Pi Day (March 14)?
Despite bearish signals, Pi Day (March 14) offers a potential turning point. Key announcements, particularly regarding exchange listings, could restore investor confidence. However, without official confirmation from exchanges, speculation alone might not be enough to spark a sustainable recovery.
⚠️ What’s Next?
With the unlock event approaching, market volatility is expected to rise unless Pi Day brings major updates. Will Pi Network manage to withstand the pressure, or will selling pressure take over? Stay tuned as the market reacts to these key developments! 🚀 
