Pi’s recent price decline is being driven by broader market selling, not specific project news. The upcoming December token unlock event, worth around $43 million, looms as the most significant short-term driver of price fluctuations. While new partnerships may boost utility in the long term, they might not fully mitigate potential supply pressure if demand remains weak. Traders’ rush to reduce risk across multiple assets triggered volatility and amplified Pi’s drop. Although a rebound occurred, it wasn’t strong enough to completely erase uncertainty about the token’s direction. 190 million new tokens are scheduled for release in December, creating a unique situation where even minor shifts in sentiment could significantly impact short-term price action. The supply event has now become the center of attention for Pi. Instead of technical indicators or macro news, the focus is on how this large token unlock will affect price. This time, low liquidity makes even small seller entries impactful. Because recent losses have dampened market confidence, this December’s release carries more psychological weight than past releases. The expansion into CiDi Games adds a secondary catalyst to Pi’s journey. While the partnership aims to expand real-world utility and strengthen the ecosystem, it also introduces a potential source of demand pressure, especially if investors don’t fully embrace Pi as a usable currency in their day-to-day activities. If buyers absorb circulating supply early, Pi could weather the turbulence with minimal downside. On the flip side, weak demand might lead to a deeper retracement, with analysts marking the $0.2100 level as a possible support zone if momentum continues to fade. December is shaping up to be a critical month for Pi, not due to new storylines but because of the convergence of liquidity, psychology and token distribution dynamics. The outcome of this confluence could define Pi’s direction during early 2026. The information provided in this article is for educational purposes only and does not constitute financial or investment advice. Coindoo.com doesn’t endorse or recommend specific investment strategies or cryptocurrencies. Always conduct your own research and consult with a licensed financial advisor before making any investment decisions.