Everyone's watching the 775.8M $PI unlock before year-end. But here's the uncomfortable question: at 8 cents and a $911M market cap, how much unlock fear is actually left to price in?
The supply schedule is public knowledge. It's not a surprise. The only variable that matters now is demand — and demand comes from real apps and utility, not chart patterns or speculation.
When unlock schedules are known in advance, the market usually prices them in gradually. The real question isn't "how much supply is coming" — it's "who's going to want to buy it?"
If $PI builds actual use cases, payment integrations, or ecosystem traction, demand absorbs supply. If it stays speculative with no real adoption, even a small unlock can crush price.
Supply is predictable. Demand is the only wildcard. That's where the trade lives.
The supply schedule is public knowledge. It's not a surprise. The only variable that matters now is demand — and demand comes from real apps and utility, not chart patterns or speculation.
When unlock schedules are known in advance, the market usually prices them in gradually. The real question isn't "how much supply is coming" — it's "who's going to want to buy it?"
If $PI builds actual use cases, payment integrations, or ecosystem traction, demand absorbs supply. If it stays speculative with no real adoption, even a small unlock can crush price.
Supply is predictable. Demand is the only wildcard. That's where the trade lives.