Pi Network Price Today 6/19/2025
Pi price on OKX exchange on June 19, 2025 is fluctuating around the price from 0.5253 USD to 0.5642 USD (equivalent to 13,710 VND to 14,710 VND. Thus, at the time of writing, Pi price on OKX exchange decreased by 5.1% compared to yesterday, reaching 13,990 VND
Weakening buying pressure coupled with an increasing token unlock schedule is making investors concerned about the possibility of further price declines for PI tokens in Q2.
In the past 48 hours, Pi Network has recorded a decrease of nearly 17.9%. However, many experts believe that this is only a short-term fluctuation, not overshadowing the long-term potential of the project when the ecosystem is still in the process of completion. Some investors even see this as an opportunity to accumulate before the price can break out when the Mainnet is expanded.
While a 17.9% drop may be a shock to many, it is still considered within the normal range in the volatile world of cryptocurrencies. Many observers see this as a cyclical correction rather than a negative sign.
However, technical signals show that the downward pressure is still present. The RSI (Relative Strength Index) of PI is currently at 33.54 and is trending down. This indicator shows that the buying momentum is weak, increasing the possibility of further price declines.
RSI is often used to assess whether an asset is overbought or oversold. When RSI is below 30, the asset is considered oversold and may recover; conversely, if it is above 70, there is a possibility of a downward correction.
There will be about 337 million tokens coming to the market soon
Another factor that is putting pressure on prices is the PI token unlock schedule. According to data from PiScan, approximately 337 million tokens, worth nearly $185 million, will be released into circulation over the next 30 days. This increase in supply is adding to market sentiment, making the token price more vulnerable.
Token unlocking is the process of gradually releasing locked tokens on a pre-determined schedule. When a large number of tokens are released to the market, it can create continuous selling pressure, especially in the context that PI is not yet listed on major exchanges such as Binance or Coinbase. This makes the prospect of a strong recovery of the token in the short term more difficult.
Source: https://baonghean.vn/gia-pi-network-hom-nay-19-6-2025-quy-2-2025-se-giam-them-bao-nhieu-10299896.html
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