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One of the most closely watched token unlocks of the month is unfolding today as PI Network releases 2.8 million PI tokens into circulation. With PI currently trading 79.62% below its all-time high, the crypto community is keenly observing how this latest development could sway market dynamics.
According to blockchain explorer PI Scan, the April token unlock is part of a broader distribution schedule that will see at least 108.9 million tokens released this month alone. Over the next 12 months, a staggering 1.56 billion PI tokens are expected to enter the market, averaging over 134 million tokens per month. The biggest release is slated for December 2027, when more than 432 million tokens will be unlocked in a single month.
Price Performance and Market Trends
PI made headlines in February after skyrocketing 2,688.79% within its first week of trading, peaking above $3 on February 26. However, the rally was short-lived. Since February 27, the token has declined steadily, losing over 81% of its value by early April.
As of today, PI is trading at $0.6174, fluctuating between $0.4040 and $0.7894 since April 5. The current circulating supply stands at 6.88 billion tokens, with a market capitalization of approximately $4.17 billion.
Also Read: Mantra (OM) Token Wipeout Triggers Red Alert for Pi Network Mainnet Plans – Analyst
Unlock Impact: Risk or Opportunity?
Token unlocks often prompt mixed reactions. While increased supply can exert downward pressure on prices, especially for newer assets like PI, some investors view it as a step toward decentralization and project transparency. With over 1.5 billion tokens set to unlock over the next year, market participants should brace for potential volatility.
May will see another 190.9 million tokens released, followed by 226.6 million in June and 233.4 million in July. Whether these unlocks trigger price dips or investor confidence remains to be seen—but the coming months will be critical for PI’s price trajectory and market stability.
Disclaimer: The information in this article is for general purposes only and does not constitute financial advice. The author’s views are personal and may not reflect the views of Chain Affairs. Before making any investment decisions, you should always conduct your own research. Chain Affairs is not responsible for any financial losses.
I’m a crypto enthusiast with a background in finance. I’m fascinated by the potential of crypto to disrupt traditional financial systems. I’m always on the lookout for new and innovative projects in the space. I believe that crypto has the potential to create a more equitable and inclusive financial system.
