Pi’s native token, PI (PI), has experienced a significant drop in price this week, falling below the $0.55 mark as global trade tensions and market volatility continue to impact cryptocurrencies. Analysts point to several factors contributing to this decline, including an expected surge in token unlocks later this month and the lack of major exchange listings. The recent resurgence of PI’s price following a weekend rally was erased by bearish sentiment at the start of the new week. Despite achieving a peak of almost $0.75 on April 5th as per CryptoPotato reports, the current price hover around $0.53 (per CoinGecko), indicating a 14% decline within a 24-hour period. This drop pushed PI’s market capitalization below $4 billion, further pushing it away from the top 30 cryptocurrencies. The cause of the recent drop is believed to be broader market uncertainty tied to escalating global trade tensions. US President Trump’s announcement of new tariffs on various countries has triggered a chain reaction across financial markets and digital assets. The situation is exacerbated by a high volume of Pi tokens set to be unlocked this month, which could potentially increase supply in the market. Although major exchanges like Binance and Coinbase are yet to list PI, their involvement could significantly boost liquidity and accessibility, potentially driving the price upward. The latest data reveals that over 121 million PI tokens will be released before the end of April. This means a substantial portion of the circulating supply (currently at around 6.8 billion coins) is locked for mining rewards and unlocked. Experts question how this unlocking will impact the future price trajectory.