For months, the community has been speculating about the token unlock. A significant amount of Pi tokens is expected to unlock in the coming months, potentially causing market volatility.
Expected Token Unlock
According to the Pinetworkmember, about 139 million Pi tokens will enter circulation in August, followed by 116 million in September, 93 million in October, 102 million in November, and 170 million in December. Additionally, 3 to 5 million tokens are introduced to the market daily through migrations.
Demand and Liquidity Issues
This surge in supply raises concerns among community members. With so many tokens entering the ecosystem, questions arise regarding sufficient demand and liquidity to absorb them. A lack of these factors could lead to a significant price drop, as demonstrated by a 25% decline in price following a single-day unlock of 337 million tokens on July 15.
What’s Next for Pi Network?
For Pi Network to stabilize and survive this turbulent phase, it will need more than just app development. The project must embrace decentralization, seek external partnerships, and work toward listing on reputable exchanges. Without these steps, the massive upcoming unlocks could flood the market, jeopardizing the project's long-term sustainability.
In the current state, users may be left holding tokens with little liquidity and declining perceived value unless urgent measures are taken to attract real-world demand and utility.
