- 272 million token unlock this month adds to supply fears as Community unrest grows amid App Studio delays
Pi Coin has lost its grip again. After holding steady near $0.48 early this week, the token has dipped to $0.4642, with sellers showing no signs of backing off. This marks the fifth red candle in just over a week, and momentum is pointing lower as July’s 272 million token unlock moves closer.
The problem? It’s not just the price. The ecosystem delays are starting to test even the loyalists. Pi’s much-hyped App Studio is still in extended beta, with promised features missing and no clear mainnet launch timeline. Critics say it feels more like a concept demo than the “App Store of Web3” it was meant to become.
Add that to a wave of user fatigue around non-tradable coins, and sentiment is clearly cracking. Most of Pi’s circulating supply is still locked, with limited real-world utility. Speculation over a potential listing on top-tier exchanges remains just that, speculation.
Pi Coin Chart Analysis
- Current price: $0.4642
- Resistance levels: $0.469, then $0.480
- Support zones: $0.452, then $0.445
- MACD: Bearish bias holding, no bullish crossover in sight
PI Coin Outlook
For now, the bears are in full control. A decisive break below $0.452 would likely push Pi toward $0.445, or even lower if token unlock selling accelerates. On the upside, bulls need a clean move above $0.469 to shift the short-term narrative. Anything less, and this continues to be a seller’s market.
That $1,000 dream? Still looks like a mirage unless Pi finds a way to fast-track listings, activate real utility, and deliver on years of promise.