儘管收益很小，但Pi硬幣仍然被困在緊密的交易範圍內

如今，預計將在接下來的30天內發布約580萬個PI令牌，預計將在接下來的30天內發布更大的浪潮（2.23億個令牌）。

Pi Coin (PI) is showing modest gains of over 3% on the day, as the token remains confined within a tight trading range.

Pi Coin（PI）當天顯示出3％以上的適度收益，因為令牌仍然限制在緊密的交易範圍內。

While the price has seen a small uptick, concerns are growing with the upcoming release of more tokens into the market in the coming weeks. Today, about 5.8 million PI tokens are set to unlock, with a much larger wave of 223 million tokens expected over the next 30 days.

儘管價格略有上漲，但隨著接下來幾週內發布更多的代幣，人們的擔憂正在增加。如今，約有580萬個PI代幣將解鎖，預計接下來的30天將有2.23億個令牌。

This influx of supply could heighten downward pressure on the price, especially if strong buying demand fails to materialize.

供應量的湧入可能會加大價格的下降壓力，尤其是如果強勁的購買需求無法實現。

At the time of writing, Pi is trading at around $0.66, a crucial level for bullish traders. If the price can close above this point on the daily chart, it could pave the way for a potential rally towards $1 or higher.

在撰寫本文時，PI的交易價格約為0.66美元，這對看漲的商人至關重要。如果價格可以在每日圖表上高於此點之上，則可以為潛在的集會鋪平道路，直達$ 1或更高。

But if this support level is lost, we could witness further declines in the price, especially with token unlocks putting additional supply into circulation.

但是，如果損失了這種支持水平，我們可能會看到價格進一步下降，尤其是由於令牌解鎖會使額外的供應發行。

Since its listing in February, Pi Coin has experienced significant price fluctuations. At its peak, the token soared to highs of $3, only to plummet to lows around $0.40.

自2月份上市以來，Pi Coin的價格波動很大。在其頂峰時，令牌飆升至3美元，僅下降到低於0.40美元的低點。

This downturn has left many early supporters and miners, particularly those who joined Pi's journey in 2019 and 2020, feeling disappointed.

這種低迷的人留下了許多早期的支持者和礦工，尤其是那些在2019年和2020年加入PI的旅程的人感到失望。

Several factors have been attributed to Pi's persistent price struggles.

多個因素歸因於Pi的持續價格掙扎。

Like many airdropped tokens, Pi faces substantial sell-offs after token generation events. A significant portion of its user base, especially in Africa and Asia, has been quick to sell their tokens for cash, leading to increased supply pressure.

像許多空調的代幣一樣，PI在代幣發電事件發生後面臨大量拋售。其用戶群的很大一部分，尤其是在非洲和亞洲，很快就以現金出售其代幣，從而增加了供應壓力。

Moreover, Pi boasts a massive circulating supply of over 6.9 billion tokens, with a total supply cap set at nearly 100 billion. In contrast, Bitcoin has a capped supply of 21 million.

此外，PI擁有超過69億代幣的大規模循環供應，總供應上限為近1000億。相比之下，比特幣的供應量為2100萬。

Considering this vast difference in supply, achieving high price targets like $100 or even $10 for Pi seems improbable in the current market scenario.

考慮到這種巨大的供應差異，在當前市場情況下，達到諸如100美元甚至10美元的高價目標似乎是不可能的。

While Pi's vision includes becoming a widely-used medium of exchange, its real-world usage remains limited. A few businesses do accept Pi, but broader adoption is still pending, which might limit the demand for the token beyond mere speculation.

儘管PI的願景包括成為廣泛使用的交流媒介，但其現實世界的使用仍然有限。一些企業確實接受了PI，但是更廣泛的採用仍在審理中，這可能會限制對令牌的需求，而不是僅僅是猜測。