The biggest daily unlock scheduled for July 4th

tl; dr

• The Pi price falls below $0.50, and sales pressure could be increased if the record-breaking million tokens are unlocked on July 4th.
• Despite the decline, some analysts at X cite bullish technical patterns to assuming strong demand, potential accumulation by large investors, and potential breakouts.

Tighten the seat belt

Several well-known cryptocurrencies have witnessed a significant price rise over the past week. However, PI networks are one of the few in the red zone, plummeting 8% within that time frame, and are now well below $0.50.

Plus, it’s certain important Factors suggest that investors should prepare for volatility the next day. According to Piscan, Selection subject Unlock the token lock It’s scheduled A record 19.2 million pi is expected this week In It’s released July 4th. this The largest day lock ever unlocked. The amount of tokens released increased until mid-July, then paced. I’m expecting Slow down.

This development will allow people to sell coins that have been waiting for a long time. While we do not guarantee widespread sales, it increases the chances of downward price pressure.

Bull becomes bull

The above-mentioned factors It may refer to A further fix, but many X users remain optimistic that the price of the Pi can be experienced Selection subject It will soon be revived.

What uses NOMIKER WOODY LIGHTYEAR Please think about it The assets are preparing “big pumps.” He provided a brief summary of the price performance of PI2Day (June 28th) and highlighted that the tokens were traded in the $0.50 range.

“A few days ago, market makers and several large investors pumped and dumped it. Unexpectedly. pi2day Upon updating, PICoin began to return to the ecosystem from the exchange, staking and other engagement.

They misjudge the situation and are trying to push down prices and buy back PIs they dumped at low prices. But demand continues to grow in the $0.5 range,” he added.

For them, Moonbits It was pointed out Formation of double bottom holds, tightening of wedge patterns, and launch PI AI Studios’ aims to predict “potential breakouts.”