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Pi Network Traders Prepare for a Surprise of 264 Million USD in June
As of May 28, 2025, the price of Pi Network (PI) fluctuates around $0.7397, marking a change of 0.2% in the past 24 hours. The token has traded between $0.7382 and $0.7629 during the same period. This trading action indicates that there has not been much volatility during the day as traders focus on the potential supply dynamics related to the planned token lockup. There have been no major fluctuations, and consolidation has occurred, possibly due to cautious sentiment towards circulation increase at the end of the month. While short-term stability continues, traders and analysts are still monitoring hard resistance and support levels to find clues about potential direction as developments unfold across the broader cryptocurrency market. Pi Network Token Unlock Spark Investor Alert May 28 is marked as an important day for unlocking, with 13.17 million Pi Network tokens (PI) released into circulation in the largest sell-off in a single day this month, according to PiScan. This event follows two consecutive unlocks of 11.28 million and 15.16 million tokens on May 26 and 27. On-chain activity shows a continuous flow of funds into exchanges, which may imply increasing selling pressure. Additionally, an estimated 264 million PI tokens will be unlocked in June, leading to a surge in supply. Notably, such mass unlocking could drive prices down without demand or utility growth to offset. Technical Indicators Indicate Volatility Potential Technical indicators suggest that Pi Network (PI) is in a low volatility market phase, constrained within the Bollinger Band from $0.53 (support) to $1.15 (resistance), as seen on TradingView, according to data. RSI is at 48.36 with a neutral stance and no clear direction at this time. Even less than 20, the random RSI is 18.16 indicating an oversold condition, meaning there could be a short-term price increase. However, the (MACD) has moved below its signal line, further increasing the bearish sentiment. Online gamblers are waiting for the price to break out one way or another as the technical consolidation happens and the global market remains on uncertain ground. Community Psychology Remains Optimistic Although the token unlock is approaching, the general sentiment of the Pi Network community (PI) is optimistic. In a recent survey cited by CoinEdition, about 88 percent of respondents stated that in their opinion, the project will continue to increase in value in the long term. Reddit and platform X still have many lively discussions, with users sharing their thoughts on the potential of PI in adding utility to real-world use cases and developing the ecosystem in the future. This level of participation indicates a committed user base that can play a role in creating an exchange for the market, where sentiment may be vulnerable to new supply-side concerns. Such active community involvement can bring resilience during uncertain market phases. Strategic Initiatives Aimed at Enhancing Utility In an effort to strengthen the ecosystem, Pi Network has launched a $100 million fund, Pi Network Ventures, which aims to invest in sectors such as artificial intelligence, financial technology, gaming, and e-commerce. This initiative aims to promote real-world applications and increase the utility of the PI token.
Conclusion Pi Network is currently at a critical juncture, with the release of several important tokens and the introduction of new strategies expected to determine the short-term and long-term direction of the network. Technical factors may not have much momentum yet, but with the continuous development such as the $100 million Pi Network Ventures fund, it is clear that practical utility in the fields of fintech, AI, and e-commerce is being prioritized. This venture-backed model can truly promote long-term price stability. However, even though the current supply comes from token releases, they should still monitor on-chain data and project updates.