Pi Network chart prints early signs of reversal but token unlocks continue to weigh on price
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Pi Network Token Flood Raises Alarms Over Long-Term Value
With no deflationary measures like token burns and limited transparency about emissions, community trust is beginning to erode. Crypto analyst Zoe recently highlighted the core issue: Pi’s token supply keeps growing, but its utility and liquidity remain limited. Originally designed for mobile mining, the network is now seeing more of its 100 billion token supply gradually unlocked, while demand struggles to keep pace. At present, only 7.6% of th…
Pi Network chart prints early signs of reversal but token unlocks continue to weigh on price
After a steep 70% drop from its May peak, Pi Network price is showing early signs of recovery, with a bullish RSI divergence suggesting a potential trend reversal. After the sharp crash from its May peak of $1.67, Pi Network (PI)…
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