Pi Network Token Unlock Warning: Massive Supply Releases May Drive Prices Lower
As the Pi Network continues expanding its presence in the crypto landscape, a series of large token unlock events scheduled for the coming months have raised concerns among investors and analysts. With more than 263 million Pi tokens expected to be released this June, followed by 233 million in July and 132 million in August, market participants are bracing for heightened selling pressure and potential price volatility.
Recent Price Drop: Tokens Flood the Market
The recent unlock of approximately 11.2 million Pi coincided with a sharp 14% price decline, pulling Pi’s value down to around $0.74 this week. Market analysts say this downward trend reflects a classic supply-demand imbalance—increased token availability without matching demand leads to price pressure.
A significant technical analysis supports these concerns. For instance, moving indicators like the Relative Strength Index (RSI) have dropped into bearish territory (around 40), signaling investor caution. Some analysts even warn that if demand remains subdued, Pi could fall to its all-time low near $0.40
Unlock Schedule and Market Implications
The token release schedule set by PiScan outlines a clear trend:
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June: Approx. 263–276 million Pi to be unlocked
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July: Additional 233 million Pi entering circulation
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August: Roughly 132 million Pi released
Altogether, over 668 million Pi tokens are expected to enter the market between May and July—a figure larger than unlocking volumes projected until late 2027 On-chain data indicates that a noticeable portion of these tokens is already flowing into exchange wallets, suggesting holders are preparing to sell.
Why High Token Unlocks Matter
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Sudden Surge in Supply
Token releases typically mean holders gain access to previously locked tokens, many of which are promptly sold—adding immediate pressure to Pi’s price. -
Thin Liquidity Environment
Despite being listed on exchanges like OKX, MEXC, Gate.io, Bitget, and Pionex, Pi’s liquidity remains thin compared to major cryptocurrencies. Large sell orders can disproportionately affect its market value. -
Shift in Trader Sentiment
Sell-offs may trigger fear-driven reactions, prompting further downstream pressure. Technical patterns like descending wedges and bearish momentum indicators sustain a negative outlook.
Market Commentary and Risk Outlook
Crypto outlets have been vocal in their warnings:
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BeInCrypto reported June’s 276 million token unlock could push Pi’s price close to $0.40 if buying interest remains weak.
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Binance’s Square article echoed these concerns, highlighting recent sequential unlocks and pointing to a possible wave of exchanges-bound Pi tokens.
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99Bitcoins described the impending unlock as a “capitulation event,” warning that sell-offs could continue into June.
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Coinpedia confirmed the unlock volumes and noted the need for bulls to defend key support levels, particularly around $0.74 cents.
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Crypto.news noted that Pi is stuck in a narrow trading range, with on-chain movements suggesting rising supply on exchanges.
Technical Signals and Key Price Zones
Technical indicators suggest a precarious position:
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RSI around 40 indicates weak momentum and possible further downside
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Bollinger Bands show Pi price oscillating between approximately $0.53 and $1.15. A breakout toward the lower band could lead to renewed losses
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Support/Resistance: Immediate support lies near $0.565, while upside resistance remains around $0.84–$1.33
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Ichimoku Cloud shows bearish dominance, with price positions beneath key resistance zones
Is There Any Upside?
Despite bearish undertones, some counterarguments present a more balanced outlook:
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A large “whale” accumulation—reportedly around $180 million of Pi tokens—suggests confidence among certain investors.
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The $100 million Pi Network Ventures fund, aimed at supporting startups in AI, gaming, fintech, and e‑commerce, could stimulate demand if real-world applications gain traction.
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Technical pattern analysis points to a possible descending wedge formation, which may precede a rebound if breakout conditions are met.
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Speculation around a potential listing on Binance, though unconfirmed, briefly boosted Pi’s price—suggesting that exchange announcements could spark significant rallies.
What Pioneers Should Do Now
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Follow the Unlock Schedule: Keep an eye on PiScan or on-chain trackers for daily token release data.
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Watch Exchange Flows: Identify when tokens shift to exchanges—early indicators of upcoming sell pressure.
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Manage Positioning: Consider risk-reduction by trimming exposure before large unlocks hit the market.
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Track Technical Zones: Support at $0.565 could serve as a tactical exit point; upside moves depend on reclaiming levels above $0.84.
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Stay Updated: Monitor verified news accounts, exchanges, and Pi’s official channels for listings and ecosystem developments.
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Focus on Utility: Long-term holders may benefit from upcoming dApp releases and Pi Ventures-backed applications.
Looking Ahead: The Bigger Picture
In the short term, token unlock schedules pose clear headwinds for Pi’s market value. However, the broader narrative remains hopeful—Pi’s ascent to Open Mainnet in February 2025, growing utility, and venture backing fuel bullish potential.
Even with current risk, the long-term outlook depends on the success of utility-driven adoption—especially across gaming, e‑commerce, and DeFi sectors. If Pi can secure listings on top-tier exchanges and convert unlock pressures into use-case momentum, recovery remains possible.
🚨 Pi Network Token Unlocks Alert 🚨
— Pi Open Mainnet (@piopennetwork) June 6, 2025
Pi Coin faces significant token unlocks in the coming months, potentially impacting its price. Scheduled releases include 263M tokens in June, 233M in July, and 132M in August. This follows a recent 11.2M token unlock, contributing to a 14%… pic.twitter.com/PtPTnutwLN-
Summary
The coming months mark a pivotal juncture for Pi:
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Risks: Massive token unlocks totaling over 668 million Pi may fuel selling pressure and downward momentum toward historical lows.
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Technical Landscape: Indicators point toward bearish sentiment, with critical support levels at $0.565 and resistance near $0.84–$1.33.
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Upside Potential: Whale accumulation, strategic investments, and possible exchange listings could support a turnaround.
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Strategic Advice: Pioneers should closely monitor unlock events, trading volumes, and ecosystem developments—and adjust their strategies accordingly.
While near-term volatility is likely, Pi’s long-term trajectory will depend on the success of its ecosystem utility, expanded listings, and overall market confidence.
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