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Title: Is Pi Network Price Heading For a Major Crash? 600M+ Tokens Unlocking by Year-End
As the Pi Network prepares to release hundreds of millions of tokens into circulation, experts are growing increasingly concerned about the potential impact on the project’s price and overall sustainability. According to recent reports, over 620 million Pi tokens are expected to unlock by December, sparking fears about token pressure and liquidity.
In light of these developments, analysts are warning that without significant changes, Pi Network may face a major crash in the coming months. This surge in supply is set to further strain the already limited liquidity within the ecosystem, potentially putting long-term sustainability at risk.
One of the primary concerns revolves around the lack of external partnerships, decentralization, and exchange listings. The project’s failure to adopt these measures has led some experts to speculate about the token’s true value going forward.
This year, Pi Network is expected to unlock massive quantities of tokens into circulation. As reported by a crypto user, over 620 million Pi tokens will enter the market before December ends, leaving many wondering if the network can absorb such an influx of new supply without significant consequences.
Recent events have already shown the potential impact that large-scale token unlocks can have on the project’s price. A single day saw a sharp decline of approximately 25% in the Pi Network’s value, giving credence to the concerns regarding impending market pressure.
The sudden influx of tokens could put immense pressure on the network, ultimately leading to a crash if liquidity and demand don’t materialize.
Source: coinpedia.org
