Pi Coin faces significant risks as 2 million tokens are moved to exchanges, signaling selling pressures. This spike in supply could lead to a further price decline.
This week, over 72 million Pi tokens worth more than 50 million USD are set to unlock, followed by 280 million more in the next 30 days, which could exert additional downward pressure.
Despite price fluctuations, the Pi Network community is expanding with over 100 decentralized apps in development, while the network boasts over 70 million users globally.
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