Pi Coin Price Explodes, But Massive Unlock Risk May Cause Major Drop

Pi Coin is experiencing significant price growth, reaching $0.6490 within just 24 hours after a 5.04% surge. This resurgence has fueled hope in the Pi Network community, but it’s been followed by speculation regarding a potential price crash triggered by an impending wave of newly unlocked tokens. A substantial 7.8 million Pi coins will be unlocked on April 19th, increasing daily token release to approximately 6.8 million coins, potentially exceeding market capacity.