Pi Network Unlocks 188M Tokens in March – Here’s What to Expect
The post Pi Network Unlocks 188M Tokens in March – Here’s What to Expect appeared on BitcoinEthereumNews.com.
Despite the large-scale Pi Network token unlock, most tokens will remain locked, reducing immediate sell pressure. Community demand for a Binance listing remains strong, with potential for significant price movements if PI secures an exchange listing. By the end of February, Pi Network has been gaining significant attention, with its price skyrocketing over 60%, reaching an all-time high of $2.99, according to a recent CNF report. In March 2025, Pi Network is set to unlock 188 million tokens, granting access to over 1.1 million users. This major event has sparked discussions about its potential impact on market dynamics. Understanding the Token Unlock The scheduled token unlock aims to distribute 188 million PI tokens among its large user base. However, a substantial portion of these tokens will remain locked due to user preferences. Approximately 63% of accounts have opted for a three-year lock-up period, while 14% have chosen a one-year lock-up. This suggests that despite the large-scale unlock, immediate selling pressure may be limited, as many tokens will remain inaccessible for trading. Community’s Push for Binance Listing The Pi Network community has been actively campaigning for PI’s listing on major exchanges, particularly Binance. A community vote on Binance revealed that 85% of participants support the listing of PI. As recently tweeted by Pi Network News Global, the community has called out Binance for being cautious and slow in making an official announcement regarding PI Network’s listing. 🚨#BREAKING:: 𝗕𝗶𝗻𝗮𝗻𝗰𝗲 is still a little shy and is taking baby steps before making the 𝗣𝗶 𝗡𝗲𝘁𝘄𝗼𝗿𝗸 announcement. Hey @Binance, don’t be shy because the 𝗣𝗶 community will gladly accept you into our community if you pass your KYB😏#PiNetwork #Crypto #Binance $Pi pic.twitter.com/rOIRgnC8Eq — Pi Network News Global 𝛑 (@PiNewsGlobal) March 6, 2025 However, despite strong community backing, Binance has yet to make an official…
Filed under: News - @ March 6, 2025 7:18 pm