Unlock of 2.8M Pi Tokens: Possibility of Another Price Drop for Pi Coin Today?
The upcoming token unlock and subsequent release of Pi (PI) tokens over the next 12 months is set to have a substantial impact on the price and market sentiment of Pi Coin. Here's a comprehensive look at what's expected:
### Token Unlock Details
The Pi Network commenced unlocking tokens on July 4, 2025, initiating a 30-day gradual release of 304.7 million Pi tokens into circulation. The largest single-day release of 19.39 million tokens occurred on the first day [1][2]. Beyond this initial unlock, approximately 1.4 to 1.6 billion Pi tokens are projected to unlock over the next 12 months, representing a significant increase in circulating supply [2][4].
### Impact on Circulating Supply and Price
The injection of these tokens into the market increases the circulating supply, which typically leads to short-term selling pressure and price volatility. Historically, large token unlock events have often resulted in substantial price drops—similar tokens have seen losses ranging from 30% to even 77% following unlock periods [4]. Before the unlock, Pi Coin's price was trading at around $0.49 to $0.53. However, it has already experienced a decline of roughly 11–16% prior to and during the initial unlock days, reflecting growing bearish sentiment [2][4].
The influx of unlocked tokens to centralized exchanges, with over 6 million tokens net inflow in 24 hours, suggests some holders are preparing to sell, which could exert further downward pressure on the price [2].
### Market Sentiment and Network Effects
The token unlock is seen as a pivotal event, leading to fragile market sentiment due to concerns over oversupply and potential massive sell-offs by early holders or insiders [2][4]. However, the unlock could also boost network activity and accelerate KYC adoption, as tokens become more usable following users’ completion of verification and Mainnet migration [1].
Pi Network's capped total supply (100 billion tokens) and halving-based issuance model aim to preserve scarcity over time, which may help counteract some negative sentiment in the long term [1].
### Overall Outlook
In the short term, the token unlock is expected to cause price volatility and potential bearish pressure due to increased liquid supply and selling. Over the longer term, the increased liquidity and broader token circulation could enhance network growth and utility, potentially stabilizing or improving market sentiment if adoption scales up. Market participants are closely watching how the Pi Core Team manages communication and ecosystem development during this unlock phase, which could influence investor confidence [3].
Currently, the token is trading nearly 80% below its all-time high, with the price of PI hovering around $0.6174. The market remains cautious as the full impact of the token unlock unfolds.
[1] Pi Network Blog Post: https://medium.com/pinetwork/pi-mainnet-launch-and-token-unlock-schedule-4e3475a0d48c [2] CoinMarketCap: https://coinmarketcap.com/currencies/pi-network/ [3] Pi Network Reddit: https://reddit.com/r/PiNetwork/ [4] CoinGecko: https://www.coingecko.com/en/coins/pi-network
- The forthcoming influx of Pi tokens from the 12-month unlock period could potentially influence the trading of options for Pi Coin in the finance market, as the increased supply may lead to price volatility.
- The release of Pi tokens might prompt some investors to take advantage of the technology behind the Pi Network and begin investing in various Bitcoin trading options, seeking opportunities amidst the price fluctuations.
- In light of the upcoming token unlock and the subsequent change in market sentiment, it would be prudent for investors to consider alternative options in the global finance market, such as diversifying their portfolio with technologies like blockchain and cryptocurrencies.
