Pi Network faces mounting bearish pressure as 9 million tokens are set to unlock on Dec. 25, potentially fueling further declines amid already weak demand.
Pi Network's Pi Coin fell to $0.085 on Dec. 14, its lowest since Nov. 4, as demand remained weak and a bearish setup emerged. The situation may worsen with about 9 million tokens scheduled for unlocking on Dec. 25, raising concerns over renewed selling pressure.