尽管收益很小，但Pi硬币仍然被困在紧密的交易范围内

如今，预计将在接下来的30天内发布约580万个PI令牌，预计将在接下来的30天内发布更大的浪潮（2.23亿个令牌）。

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）当天显示出3％以上的适度收益，因为令牌仍然限制在紧密的交易范围内。

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.

尽管价格略有上涨，但随着接下来几周内发布更多的代币，人们的担忧正在增加。如今，约有580万个PI代币将解锁，预计接下来的30天将有2.23亿个令牌。

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

供应量的涌入可能会加大价格的下降压力，尤其是如果强劲的购买需求无法实现。

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.

在撰写本文时，PI的交易价格约为0.66美元，这对看涨的商人至关重要。如果价格可以在每日图表上高于此点之上，则可以为潜在的集会铺平道路，直达$ 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，如果损失了这种支持水平，我们可能会看到价格进一步下降，尤其是由于令牌解锁会使额外的供应发行。

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月份上市以来，Pi Coin的价格波动很大。在其顶峰时，令牌飙升至3美元，仅下降到低于0.40美元的低点。

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

这种低迷的人留下了许多早期的支持者和矿工，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.

多个因素归因于Pi的持续价格挣扎。

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.

像许多空调的代币一样，PI在代币发电事件发生后面临大量抛售。其用户群的很大一部分，尤其是在非洲和亚洲，很快就以现金出售其代币，从而增加了供应压力。

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拥有超过69亿代币的大规模循环供应，总供应上限为近1000亿。相比之下，比特币的供应量为2100万。

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

考虑到这种巨大的供应差异，在当前市场情况下，达到诸如100美元甚至10美元的高价目标似乎是不可能的。

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.

尽管PI的愿景包括成为广泛使用的交流媒介，但其现实世界的使用仍然有限。一些企业确实接受了PI，但是更广泛的采用仍在审理中，这可能会限制对令牌的需求，而不是仅仅是猜测。