Headline: Pi Network’s PI Plummets to New Low as 130M-Token Unlock Looms
Pi Network’s native token, PI, plunged to a fresh all-time low of $0.07059 on July 14, 2026. The coin has inched up slightly from that bottom but remains deep in the red—off more than 10% over the past 24 hours and down 44.3% over the last month.
A quick timeline: PI soared to an all-time high of $2.99 on February 26, 2025 after a surge of interest, but momentum has steadily faded ever since. The latest sell-off is driven largely by a looming supply shock: the project has announced plans to unlock roughly 130 million additional PI over the coming months. That large influx of tokens into circulation, combined with weak demand throughout the past year, has pressured prices sharply lower.
Broader crypto market conditions aren’t helping. Although bitcoin saw short-term relief after June’s CPI print, the market remains in a protracted downtrend—BTC itself sits nearly 50% below its 2025 peak—leaving little room for riskier, supply-sensitive assets like PI to rally.
Can PI rebound?
Recovery would likely require two things:
- A material increase in demand to absorb the newly unlocked supply.
- A wider, sustained bullish shift in crypto market sentiment.
With a significant unlock schedule approaching and volatility still elevated, a meaningful rebound for PI appears unlikely in the near term unless either of those factors changes.
What to watch next
- The detailed token unlock timetable and how much of the unlocked supply hits exchanges or OTC markets.
- On-chain and market-demand indicators (trading volumes, exchange inflows/outflows).
- Macro cues that could revive crypto risk appetite—e.g., inflation data, Fed commentary, or a broad BTC-led rally.
Note: This is market reporting, not financial advice. Investors should monitor developments and risk exposure closely.
Read more AI-generated news on: undefined/news
