Mr.Abrash
07/08 14:55
Is a Pi Network Crash Ahead As 272M Coins Unlock i
Is a Pi Network Crash Ahead As 272M Coins Unlock in July
Pi Coin price is at a significant risk of further downside if it drops below the key support at $0.4 ahead of the 272M token unlocks.
Pi Coin price is at a risk of falling to a record low ahead of a major token unlock.
The network will unlock 272 million Pi Network tokens in July.
A drop below the double-bottom level of $0.40 will indicate further downside.
Pi Coin price is on the brink of a major bearish breakdown if it loses a crucial support level. A potential catalyst for this Pi Network crash will be this month’s token unlock, which is its biggest one until 2027. The Pi Network value trades at $0.4565 today, July 7, down by 72% from its highest level in May and much lower than its all-time high.
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