Pi Network Price Today May 8: Hundreds of Millions More Tokens Coming Soon

Pi Network Price Today 5/8/2025

The price of Pi on the OKX exchange on May 8, 2025 is fluctuating around the price range from 0.572 USD to 0.5856 USD (equivalent to 14,850 VND to 15,200 VND. Thus, at the time of writing, the price of Pi on the OKX exchange increased by 0.3% compared to yesterday, reaching 15,100 VND.

Despite the overall gloomy situation, the Pi community remains optimistic. This is partly due to the speculation about Pi Coin's upcoming listing on Binance.

The Pi Barter Mall account, which has over 100,000 followers, revealed that the Pi Core Team development team is in the final stages of negotiations with Binance.

Expectations are also fueled when Pi Network founder Dr. Nicolas Kokkalis will attend the major technology event Consensus 2025. This is seen as an opportunity for the project to attract more attention and make new strides.

In addition, Pi Network has made some important steps such as integrating with the Chainlink network and supporting the Telegram Crypto Wallet, showing its ambition to expand the decentralized ecosystem.

Pi Network Price Today May 8: Hundreds of Millions More Tokens Coming Soon

Pi Network is about to unlock hundreds of millions of tokens

According to data from PiScan, the market will see a large amount of Pi Coins unlocked in the next three months: 212.2 million tokens in May, 222.6 million in June, and 233.4 million in July.

This is the period with the largest unlock volume ever, lasting until September 2027.

The sharp increase in supply, coupled with the growing number of Pi Coins on exchanges, is putting significant downward pressure on the price. As of now, more than 387 million tokens have appeared on centralized exchanges (CEX), double the number in February.

Bitget holds more than 95 million Pi, while OKX holds nearly 154 million, indicating a high possibility that investors are preparing to sell, making the risk of a price drop still very high even if the price recovers temporarily.

One concern is that market liquidity is declining while supply is increasing sharply. According to CoinMarketCap, Pi Coin trading volume has plummeted from over $1.3 billion to just about $45 million, a decrease of 96%. This clearly reflects a sharp decline in trading demand, raising big questions about the market's ability to absorb the amount of Pi unlocked in the near future.

Source: https://baonghean.vn/gia-pi-network-hom-nay-8-5-sap-co-them-hang-tram-trieu-token-10296769.html