Pi Network’s price hits another all-time low, but the next three days could be even worse: details

This is why PI could continue to post big losses in the coming days.

Pi Network’s native token, which traded near $3 less than a year ago, has since been in a massive freefall. The latest price crash just minutes ago marked a new all-time low of $0.132, according to data from CoinGecko. In fact, the chart below shows a clear and painful pattern, with a decline of 95.6% in less than a year.

While this disaster is bad enough, data on the chain suggests this may not be the end of PI’s fight.

PiScan is a website that focuses on increasing the transparency of the project, especially when it comes to the daily (and monthly) token unlock schedules. After all, a significant portion of PI is locked and investors are gradually gaining access to their holdings.

However, selling pressure may increase in the coming days as the schedule does not show a “gradual” token unlock. On average, the number of coins that will be released in the next month is just over 8.5 million, which is already a lot higher than the 4-5 million of just a few months ago.

However, these figures are significantly higher for February 12, 13 and 14. To be precise, 16.9 million tokens will be released on February 14, while the number for tomorrow will be 18.9 million. February 13, which coincidentally (or not) is Friday the 13th, will be the record day, with 23.6 million PI unlocked.

It is worth noting that once these tokens are released, they will be free to trade. While this does not guarantee that they will sell immediately, it certainly raises such concerns given the general market situation, the rising FUD and the latest criticism of Pi Network and its team.

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