Is Pi Network About to Sink or Soar After 212M Tokens Unshackle?

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Well now, the Pi Network price sits on a knife’s edge, wobblin’ thanks to a whole mess of tokens about to be let loose—212 million, if you please! That’s right, like a stampede of squirrels unleashed upon a pecan patch, these tokens will keep grinding away until May 2025, pressurin’ that poor meme coin like a summer heatwave pressurin’ a tired old mule. Might make it plummet or maybe, just maybe, it’ll dance a little jig off the $0.60 line.

The Great Pi Token Flood: What’s It Mean for the Price? 

According to the great oracle PiScan—that fancy feller crunching numbers—over the next thirty suns, about 212 million Pi tokens (worth ’round $130 million at today’s fancy prices) will be stepping into the spotlight, addin’ an average of 7 million tokens daily till May 17th. That’s a lot of Pi to go ’round.

Now, when you dump that much Pi into the market stew without folks hankerin’ for it, you’re bound to upset the flavor. Supply’s gonna swell like a river after a spring thaw, while demand sits there like a lazy cat, givin’ nary a lick of interest. This could send the price skedaddling down faster than a rooster at a fox convention, or maybe it’ll just sulk around the lower edges hoping someone bites.

But hold on! Ol’ Spock over on X – no, not the pointy-eared starship fella, but a market smarty – reckons Pi’s tokenomics might just hold the fort against total disaster. Says that over 90% of folks hold fewer than 100 tokens apiece, which means it’s a crowd of little fish rather than a gang of sharks. If those minnows decide to nibble, Pi might just hold its ground.

Nevertheless, them big whales—23 of ‘em—are hogging up more than 12 million tokens. That’s nearly all the tokens afloat on mainnet just sittin’ in a handful of greedy fishnets. Should they get an itch to sell, well, watch out below—prices could tumble like a stack of firewood in a windstorm.

So, should demand stay as lazy as a Sunday afternoon and those whales start a sell-off, Pi’s price might well take a nosedive worthy of a circus clown’s pratfall.

Peeking Under the Hood: Pi Network’s Technical Shenanigans

Today, the Pi price hovers just shy of $0.61, with a modest 2% hop over the last day—like it’s stretchin’ its legs before a long trot. The bulls might be waggin’ their tails, ready for some weekend rodeo, but the charts tell a tale as tangled as a cat in a yarn shop.

The two-hour price chart hints at a shift—maybe a tumble from uptrend to downtrend if Pi slips below the $0.61 necktie holdin’ things in place. At the same time, the RSI (that fancy Relative Strength Indicator, not some secret code) is risin’, suggesting buyers are moseyin’ back in, itching to keep the party lively. Keep your eyes peeled for that RSI sneakin’ over 50—that’d be a sure sign the coyotes are packin’ up and headin’ out.

With all those tokens about to flood the scene like a river in spring and demand sticking close to the porch like a shy cat, the price might just hustle southward to $0.44. Looks like the Pi rodeo could get wild, partner—and not necessarily in a good way.

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2025-04-18 16:28