PI Network Token Unlock: 2.8M PI Tokens Release Today

One of the most anticipated token unlocks of April is happening today, as PI Network prepares to release 2.8 million PI tokens into circulation.

The most anticipated token unlock of April will take place today, as PI Network prepares to release 2.8 million PI tokens into circulation.

The price of PI is currently 79.62% below its all-time high, and investors will be watching closely to see how the market reacts to the fresh influx of tokens.

According to PI Scan, a real-time blockchain explorer, at least 108.9 million PI tokens will be unlocked in April 2025.

In the next 12 months, over 1,566,790,905 PI tokens will be unlocked. The average monthly unlock is 134,391,107.35 PI tokens.

The PI market will see the highest monthly unlock of 432,305,091 PI tokens in December 2027.

According to the data, on February 20, the price of PI was $0.1071. Within the first seven days of its market debut, the token surged by an impressive 2,688.79%, briefly crossing the crucial $3 mark on February 26.

However, since February 27, the PI market has seen a gradual decline in momentum. Between February 27 and April 4, the price dropped by 81.58%.

Since April 5, the market has been oscillating between $0.4040 and $0.7894. As of now, PI is trading at $0.6174.

Token unlocks can significantly influence market sentiment and price action, especially for new and volatile assets.

As 2.8 million PI tokens enter circulation today, short-term price pressure is possible due to increased supply.

The circulating supply of PI currently is 6,880,758,128, and its market cap is $4,175,043,691.

While some investors may view unlocks as a dilution risk, others may see it as a sign of project transparency and maturity.

With over 1.5 billion tokens set to unlock in the next year, market participants should closely monitor how these events impact liquidity, investor behavior, and price stability.

According to PI Scan, in May, 190.9 million PI tokens will be unlocked. In June and July, around 226.6 million and 233.4 million PI tokens will be unlocked, respectively.See More: Top 4 Biggest Token Unlocks Happening in April 2024

Read More: Pi Network Surprises With 79.62% Discount From All-Time High As Token Price Hits 79.62% Below ATH