Pi [IOU] (PI)

Monthly Pi token unlock schedule from now until the end of 2028

Friends investing in Pi, take note https://t.co/L4PpZYjwkS

I fully support the Pi Core Team’s efforts to grow real utility, even if progress is slow.

However, I’m not satisfied with the lack of clarity around Pi’s tokenomics.

They need to communicate more openly about the token economy, including:

How many additional Pi will enter circulation each year,
how much Pi has been mined so far,
how much of the Core Team’s allocation has been sold,
and what measures could be taken to reduce inflation.

@PiCoreTeam @nkokkalis #pi #pinetwork #picoin #파이 #파이코인

On the hourly chart, $PI has continued its trend of lower highs and lower lows after repeated failures to reclaim resistance levels above. After the lower high at $0.114 on July 6, the coin has dropped 11.6% to the current price of $0.1007

Notably, the latest wave of selling pressure pushed PI into the $0.100-$0.103 demand zone, an area where buying interest has started to reappear.

For the short-term outlook to improve, buyers must reclaim the nearby resistance levels. First is the $0.103 level, where PI has faced repeated rejection since yesterday. Doing so increases the chance of reclaiming the 50-period MA at $0.1051.

The next major resistance lies between $0.106 and $0.108. Until that happens, any upward move would appear to be a relief rally rather than a confirmed trend reversal, another supply area is between $0.112 and $0.114, 11% to 13% away from the current price.
https://t.co/CPUvMo2Kf1