Pi Coin to Unlock 150 Million Tokens Next Week: Is the Downtrend Set to Intensify?
Next month, over 150 million Pi Coins are scheduled to be unlocked, raising concerns about a potential strengthening of the cryptocurrency’s downtrend. Pi Coin is currently approaching its all-time low, and this massive token release could create significant selling pressure in the short term.
According to data from PiScan, the sudden surge in circulating supply—amounting to about 2% of Pi Coin’s total supply of 7.95 billion tokens—represents more than five times the average monthly supply addition. This sharp increase is expected to worsen market sentiment in the near term, casting a gloomy outlook on Pi Coin.
Disappointing Performance Amid Supply Surge
The performance of Pi Coin this year has been highly disappointing for investors. As of now, it has plunged approximately 79.25% compared to the beginning of the year. Among the top 40 cryptocurrencies by market capitalization, no other asset has experienced such a steep loss within the same period. This highlights strong selling pressure and eroding market confidence toward the project.
Since the launch of Pi Coin’s public mainnet, the ecosystem has struggled to grow. Adding to the woes, major centralized exchanges (CEX) have refused to list Pi Coin, further limiting accessibility and trading options for investors. Alongside the dramatic rise in circulating supply, these factors are collectively weighing heavily on Pi Coin’s price.
Technical Analysis Indicates Further Downside Risk
On the 4-hour chart, Pi Coin recently bounced off a key support level at $0.33 and has maintained a modest upward momentum. Over the past 24 hours, Pi Coin’s price rose 3%, accompanied by a 3% increase in trading volume. However, despite boasting a market capitalization close to $3 billion, actual trading volume was a mere $27 million, reflecting limited market participation.
While a short-term rebound toward $0.37 is possible due to retesting of the price floor, the overall market trend remains bearish. Pi Coin’s price continues to trade below the 200-day exponential moving average (EMA), a key indicator signaling persistent downward momentum.
Given the current technical and market conditions, bearish analysts warn that Pi Coin could suffer an additional decline of up to 34%, potentially falling to around $0.25 in the short term.
Investors Shifting Attention to Rising Alternatives Like Best Wallet Token (BEST)
As Pi Coin falls short of initial expectations, alternative projects are gaining greater investor interest. Notably, the Best Wallet Token (BEST) has attracted over $15 million in funding within just a few months, positioning itself as one of the most notable presales of the year. Post-launch, BEST is anticipated to deliver up to 10 times growth, marking it as a highly promising token.
BEST is the native token of the all-in-one Best Wallet app, offering users seamless storage, exchange functionalities, and early access to upcoming token presales. Token holders enjoy benefits including reduced trading fees and access to exclusive investment opportunities directly through the wallet app.
As the Best Wallet user base expands, demand for BEST tokens is expected to increase sharply, potentially leading to up to 100x growth after presale completion. Those interested can participate via the official Best Wallet Token website by connecting their wallets and purchasing tokens using cryptocurrencies or credit cards within seconds.
Disclaimer: This article is provided for informational purposes only and should not be considered investment advice. Cryptocurrency investments are highly volatile and risky. Readers are advised to conduct their own thorough research before making any financial decisions.
Author: Hyunsoo Kim
Hyunsoo Kim is an experienced cryptocurrency content editor with over five years in the blockchain and digital finance sector. Holding a degree in business administration, he specializes in delivering insightful and accessible analysis of complex crypto market trends.
Last updated: August 29, 2025