Pi Price Plunges, Triggered by Exchange Outflows and Upcoming Token Unlock

Pi Network’s price has dropped by nearly 6.74% in the last 24 hours, signaling a decline likely due to increased selling pressure from token transfers to centralized exchanges. Over one million PI tokens were transferred to exchanges within this timeframe, indicating potential upcoming sales. This drop follows recent volatility and comes ahead of a significant release of over 166 million PI tokens in the next month, further adding to uncertainty about future price movements.