PI Token Unlock Triggers Potential Price Volatility

Recent gains for PI (Pi Network) have resulted in a notable price surge, with the asset almost doubling its value within the past 10 days, reaching values close to $0.75. However, an upcoming unlock of significant tokens could lead to increased volatility and potential corrections. Since hitting lows around $0.4 in late February, PI has experienced a market rebound, driven by both wider market trends and updates within the Pi Network ecosystem. 2.3 million tokens are set to be unlocked on April 14th alone, with further unlocks scheduled throughout the week, ultimately reaching nearly 10 million tokens by April 18th. This surge in available tokens could trigger increased selling pressure as investors sell their newly unlocked assets. Although this doesn’t guarantee immediate sales, it raises concerns as many investors have been waiting for a long time due to previously delayed launches. Despite these concerns, analyst MOON JEFF remains optimistic about the asset’s future price trajectory, stating that $5 is