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Pi Network token plunges 15% ahead of 127.5M token unlock, hitting new lows amid weak demand and bearish market.

Market News
13 Jul 2026
Crypto news
View Source
Bearish
pluang ai news

Pi Network's token price dropped nearly 15% to around $0.08 as investors sold off ahead of a major unlock of 127.5 million tokens expected soon. This surge in supply overwhelmed liquidity and intensified bearish momentum, with open interest and funding rates signaling strong selling pressure. Despite some technical signs of a potential long-term recovery, ongoing geopolitical tensions, inflation fears, and weak demand for the token keep sellers dominant. Without increased demand or a fully open mainnet, the token faces further downside risk if upcoming unlocks continue to flood the market.

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