Pi Coin’s (PI) rally stalled briefly with a sharp drop in price reducing its market capitalization by $1.1 billion.
Despite trading above $1.55 earlier in the day, PI Coin fell 13.10% to $1.07 within 24 hours.
This price reversal for Pi Network emerges as it prepares to unlock 254.99 million PI tokens over the next 30 days. This upcoming token unlock schedule adds significant uncertainty to Pi Coin’s short-term price action and addresses why Pi Network PI price slide is worrying
The token’s 24-hour trading volume increased by 49.07% to $1.96 billion, signaling active participation during the selloff. The volume-to-market cap ratio rose to 26.17%, indicating higher trading pressure relative to its current $7.6 billion market cap.
While the PI price stabilized near $1.00, chart patterns show a sharp decline followed by a recovery that failed to hold into early May 13. The Pi Coin market cap decline is also now a key focus.
Pi’s fully diluted valuation stands at $107.21 billion, based on its total max supply of 100 billion PI. However, only 7.08 billion PI are currently in circulating supply. This contributes to heightened volatility during market shifts
The upcoming Pi Network token unlock is a major news story attracting market attention, as it raises supply-side concerns.
A total of 254.99 million PI, valued at approximately $276.38 million, will be released over the next month. This represents 4.95% of Pi’s currently locked supply of 5.15 billion PI. On average, about 8.5 million PI worth $9.21 million will be unlocked daily.
Peak unlock days fall on May 15–17, May 23, and June 6. The largest single-day unlock is scheduled for May 16, when 14.75 million tokens, worth nearly $16 million, will enter circulation.
According to market capitalization of USDT has officially reached $150 billion as of May 12, 2025 This milestone signals a significant liquidity influx into the cryptocurrency markets, often associated with increased trading activity and potential bullish momentum for major cryptocurrencies like Bitcoin. Historically, a rising USDT market cap has correlated with higher Bitcoin prices, as traders use stablecoins for quick market entry. The expansion of USDT further strengthens its position as the leading stablecoin, supporting larger trading volumes and increased market confidence. Traders should monitor Bitcoin price action closely, as such liquidity surges frequently precede major market moves.
The United States (US) and China have reportedly reached decisions on international trade that could end the long-standing tariff-induced trade war between the two economic giants.
Following the development, analysts believe the returning bullish sentiment across the crypto and stock markets could surge, especially with technical indicators supporting a bullish trend to lead a crypto market bull run 2025.
Over the last weekend, US Treasury Secretary Scott Bessent informed the public that the US and China reached a “significant deal,” details of which he would provide later.
During a recent podcast, a renowned cryptocurrency analyst noted that Bessent’s statement on the US China trade deal came at a crucial moment when other indicators aligned to reflect a bullish season for the crypto market.
#NewsTrade #Picoins The Pi Coin price today is trading near $1.36 after an explosive 20% rally that has pushed the token past critical resistance levels. Backed by a strong breakout above $1.00 and confirmation from multiple indicators, this move marks one of the most significant Pi Coin price spikes in recent weeks.
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