Pi Network to Unlock 188 Million Tokens This Month
PI Network plans to unlock 188 million tokens in March, making them available to more than one million users. This is a much larger user pool than most months. However, as demand for PI continues to increase, it may not increase sales pressure.
However, the project’s community is also actively acting on social media to review bomb binance to understand its delay in listing. The majority of votes in the Binance community support PI, but the list has not yet been online, causing a strong rebound.
PI network prepares for large unlocking
PI network is one The most hyped crypto project recently. PI has surged nearly 100% since the launch of the mainnet on February 20, reaching a peak of $2.99 before seeing corrections. Meanwhile, despite the early criticism, it gained recognition from the wider community.
A week ago, CoinMarketCap refuses to update its market capitalization, But the platform Reversed this position yesterday. PI is now the 11th largest cryptocurrency on the market, before Hedera Chain linksSteller and other notable names.
CoinMarketCap’s community sentiment shows that 91% of its users are Bullish On PI, as the company plans to unlock 188 million tokens to more than 1.1 million users this month.
Token unlock of this size is destined to be Impact on PI network price. Recently, the project was launched The largest air conditioner in encryption historywhich helps the juice passion.
ExplorePI data shows that there are currently more than 11.5 million Pioneer accounts. However, 7.25 million (63%) of accounts locked in PI for three years and 1.6 million accounts (14%) locked in PI for a year.
Therefore, even with a large pool of users, sales pressure on the PI network may not take effect immediately.
Despite this, the PI network also squeezes out multiple feathers. recent, Binance hosted community vote It’s very much liked about whether to list PI tokens and their users.
Despite the vote, Binance has not listed the PI, and several users have not easily accepted it. PI fans commented on the bomb’s Google Comment. Without mentioning the project directly, the exchange responded to the following comments:
Binance claims: “Binance will check and consider many factors, including liquidity and trading volume in the market, before listing cryptocurrencies.” Although the exchange does not directly quote the PI network, it commented on several PI-centric 1-star ratings in the Play Store.
Many (but not all) of these comments and responses are made on an Asian-based server, which is the most popular. Recently, the Vietnamese government Issue a warning about PI networksCEO of Bybit this week Remind his users China issued a similar warning a few years ago.
Regardless, the PI Network seems to have a huge community of enthusiastic supporters. Although some of its fans are known for their hostility and defensive capabilities on social media, the project remains resilient to the current market conditions.
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