CandleFocus Pi Network Battles Selling Pressure Amid $480M Token Unlock
2025-03-08
Author: Content Editor
The price of Pi Network has dropped by more than 8% due to a dip in the overall cryptocurrency market. This decline is further attributed to concerns over a massive token unlock worth approximately $480 million. On March 17, a significant number of Pi coins will become available, potentially putting downward pressure on the token's price. Market participants are monitoring the situation closely, with a new tracking feature introduced to analyze the unlock patterns. Despite these concerns, the Pi Network community remains optimistic, especially with upcoming announcements and potential exchange listings, including speculation about a listing on Binance. However, without official confirmation, caution remains about the sustainability of a price recovery.
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