Is the PI Waterfall a Blessing or a Curse? Find Out Now! 😱💰

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TL;DR

  • PI is currently under the weight of selling pressure, like a bear on a seesaw.
  • Yet, as Pi2 Day (June 28) approaches, a glimmer of hope shines through the clouds, with analysts whispering sweet nothings about price targets of $1.2 to $2.

Brace Yourself for a Wild Ride!

The price of PI, the illustrious token of the Pi Network, currently hovers around $0.74, a figure that reflects a 37% decline over the past fortnight. Ah, the sweet scent of despair! Moreover, the impending token unlocks may just add fuel to this fiery descent.

Data reveals that over 276 million PI tokens are set to be unleashed upon the world in the coming month, with today, May 28, marking the grand occasion of approximately 14 million tokens being released. This does not guarantee a sell-off, but it certainly opens the floodgates for investors eager to cash out, potentially dragging prices down like a lead balloon.

PI Unlocks

Among the voices of caution, the X user known as Pi Barter Mall has warned of the impending token unlocks, proclaiming, “the PI waterfall will be released.” They predict that the asset’s value may endure a “few dozen days” of decline or stagnant trading before it finds its footing again around June 28.

This date, dear reader, is celebrated in the Pi Network community as Pi2 Day, a numerical delight represented as 6.28, derived from the multiplication of the revered mathematical constant Pi (3.14) by 2. Who knew math could be so thrilling?

But it’s not just Pi Barter Mall who is peering into the crystal ball. The user known as Pi News has shared the growing excitement, hinting that the Pi Network team may have a surprise up their sleeves for that fateful day.

PI2DAY is just a month away, the excitement is palpable. $Pi will surely surprise us around that time.

— Pi News (@PiListingNews) May 28, 2025

Price Predictions: The Crystal Ball Gazing Begins

In stark contrast to the recent price retreat, some market observers are optimistic, expecting a significant resurgence in the near future. The X user Crypto Claws has boldly claimed that PI “is looking strong,” suggesting that the next big move is just around the corner. How thrilling!

“Rumors are swirling about the Pi team adding solid utility to the project, and if true, this could be the catalyst for a surge to $1.2-1.5 or higher,” they declared.

The analyst further emphasized that the project’s robust community support and potential for increased adoption make this asset “definitely one to watch in the coming weeks.”

And let us not forget MOON JEFF, who often graces us with his insights. Earlier this week, he argued that PI has begun forming a “bullish divergence.” He believes that an ascent to $2 is within reach, but only under the “right market conditions.” Ah, the sweet taste of speculation!

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2025-05-28 13:48