Pi Network Token Crashes 88% Post-Launch Amid Massive Unlock Pressure

Pi Network's native token has plummeted 88% since its market debut, currently trading within a narrow $0.353-$0.3606 range. The project's unique tokenomics—releasing 135.7 million locked tokens monthly from a 5 billion reserve—are intensifying selling pressure.

Exchange liquidity remains critically thin as circulating supply rapidly expands. PiScan data shows only 8 billion of the 100 billion maximum supply are currently tradable, creating persistent downward pressure. 'The unlock schedule has significantly worsened market conditions,' noted one market analyst.

Without structural demand catalysts or major exchange support, technical indicators suggest the bearish trend may accelerate. Early adopters face substantial losses as the network struggles to establish practical utility beyond speculative trading.