{"id":36139,"date":"2025-07-10T11:01:43","date_gmt":"2025-07-10T11:01:43","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=36139"},"modified":"2025-07-10T11:01:43","modified_gmt":"2025-07-10T11:01:43","slug":"376000000-pi-hits-exchanges-is-a-pi-netowrk-sell-off-inevitable","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=36139","title":{"rendered":"376,000,000 Pi Hits Exchanges: Is a Pi Netowrk Sell-Off Inevitable?"},"content":{"rendered":"<div>\n<p><strong>TL;DR<\/strong><\/p>\n<ul>\n<li>Over 246 million PI unlocking this month adds pressure despite recent short-term price gains.<\/li>\n<li>PI trades inside a descending channel; $0.50 breakout may shift current bearish trend.<\/li>\n<li>376 million PI now on exchanges, with Gate.io leading\u2014fueling concern over sustained sell-offs.<\/li>\n<\/ul>\n<p><a href=\"http:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/07\/pi_network_cb.jpg\" data-wpel-link=\"internal\"><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-full wp-image-403571\" src=\"http:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/07\/pi_network_cb.jpg\" alt=\"\" width=\"1201\" height=\"720\" srcset=\"https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/07\/pi_network_cb.jpg 1201w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/07\/pi_network_cb-300x180.jpg 300w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/07\/pi_network_cb-1024x614.jpg 1024w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/07\/pi_network_cb-768x460.jpg 768w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/07\/pi_network_cb-50x30.jpg 50w\" sizes=\"auto, (max-width: 1201px) 100vw, 1201px\"><\/a><\/p>\n<h2>PI Price Sees Modest Recovery<\/h2>\n<p>Pi Network (PI) traded at $0.4755 at press time, up 3.08% in the last 24 hours. The token has seen a 7-day decline of 5.54%, with a market cap of $3.62 billion. Its 24-hour trading volume stands at $78.8 million. PI has been fluctuating between $0.4612 and $0.4738 in the past day and between $0.4477 and $0.5053 over the past week.<\/p>\n<p>Despite short-term gains, the broader price trend shows a long-term downtrend. <a href=\"https:\/\/cryptopotato.com\/massive-pi-network-pi-development-heres-where-you-can-trade-your-pi-tokens\/\" data-wpel-link=\"internal\">PI<\/a> continues to trade within a descending channel, which has held since its recent peak. The price is now rebounding from a key demand zone near $0.44\u2013$0.47.<\/p>\n<p>Notably, immediate resistance is located near $0.50. If PI breaks through this zone, it may test higher levels around $0.5486 and $0.6506.<\/p>\n<figure id=\"attachment_403551\" aria-describedby=\"caption-attachment-403551\" style=\"width: 2145px\" class=\"wp-caption aligncenter\"><a href=\"http:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/07\/fNE1rTJn.png\" data-wpel-link=\"internal\"><img loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-403551\" src=\"http:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/07\/fNE1rTJn.png\" alt=\"PI price chart\" width=\"2145\" height=\"1131\" srcset=\"https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/07\/fNE1rTJn.png 2145w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/07\/fNE1rTJn-300x158.png 300w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/07\/fNE1rTJn-1024x540.png 1024w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/07\/fNE1rTJn-768x405.png 768w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/07\/fNE1rTJn-1536x810.png 1536w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/07\/fNE1rTJn-2048x1080.png 2048w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/07\/fNE1rTJn-50x26.png 50w\" sizes=\"auto, (max-width: 2145px) 100vw, 2145px\"><\/a><figcaption id=\"caption-attachment-403551\" class=\"wp-caption-text\">Source: TradingView<\/figcaption><\/figure>\n<p>However, the Stochastic RSI is currently above 90, signaling an overbought condition. This may suggest a short-term pullback or price consolidation before any extended upward move.<\/p>\n<p>Maintaining support above the $0.44 demand zone is important for any bullish continuation. Traders are watching for a sustained close above $0.50 to confirm a potential trend reversal.<\/p>\n<h2>Exchange Activity and Token Unlocks Raise Concerns<\/h2>\n<p>Crypto analyst Moon Jeff noted that 376 million PI is now held on exchanges, with Gate.io holding 177 million PI in its deposit wallet.<\/p>\n<blockquote>\n<p>\u201cAll these coins are from pioneers who are bringing the selling pressure,\u201d he said. \u201cIf this stops, PI will pump to $1 easily.\u201d<\/p>\n<blockquote class=\"twitter-tweet\">\n<p dir=\"ltr\" lang=\"en\">We now have 376 million <a href=\"https:\/\/twitter.com\/search?q=%24PI&amp;src=ctag&amp;ref_src=twsrc%5Etfw\" data-wpel-link=\"external\" target=\"_blank\">$PI<\/a> in exchanges.<br \/>\nGateIO leads with 177 million <a href=\"https:\/\/twitter.com\/search?q=%24PI&amp;src=ctag&amp;ref_src=twsrc%5Etfw\" data-wpel-link=\"external\" target=\"_blank\">$PI<\/a> in their depositing wallet.<br \/>\nAll these coins are from pioneers who are bringing the selling pressure. .<br \/>\nIf this stops <a href=\"https:\/\/twitter.com\/search?q=%24PI&amp;src=ctag&amp;ref_src=twsrc%5Etfw\" data-wpel-link=\"external\" target=\"_blank\">$PI<\/a> will pump to $1 easily. .<a href=\"https:\/\/twitter.com\/hashtag\/PiNetwork?src=hash&amp;ref_src=twsrc%5Etfw\" data-wpel-link=\"external\" target=\"_blank\">#PiNetwork<\/a> <a href=\"https:\/\/t.co\/5oGRt8rCoy\" data-wpel-link=\"external\" target=\"_blank\">pic.twitter.com\/5oGRt8rCoy<\/a><\/p>\n<p>\u2014 MOON JEFF (@CRYPTOAD00) <a href=\"https:\/\/twitter.com\/CRYPTOAD00\/status\/1943218825568076165?ref_src=twsrc%5Etfw\" data-wpel-link=\"external\" target=\"_blank\">July 10, 2025<\/a><\/p>\n<\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<\/blockquote>\n<p>Pi Network\u2019s supply continues to grow, with over 246 million PI set to unlock over the next 30 days, including 16.4 million on July 10.<\/p>\n<p>As CryptoPotato <a href=\"https:\/\/cryptopotato.com\/pi-network-pi-crashes-by-70-in-2-months-is-there-any-hope-left\/\" data-wpel-link=\"internal\">reported<\/a>, the token has dropped nearly 70% in the past two months. This ongoing release has created consistent sell pressure, allowing more holders to exit. Without a change in pace or demand, price recovery may remain limited.<\/p>\n<p>The post <a href=\"https:\/\/cryptopotato.com\/376000000-pi-hits-exchanges-is-a-pi-netowrk-sell-off-inevitable\/\" rel=\"nofollow\">376,000,000 Pi Hits Exchanges: Is a Pi Netowrk Sell-Off Inevitable?<\/a> appeared first on <a href=\"https:\/\/cryptopotato.com\/\" rel=\"nofollow\">CryptoPotato<\/a>.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>TL;DR Over 246 million PI unlocking this month adds pressure despite recent short-term price gains. PI trades inside a descending channel; $0.50 breakout may shift current bearish trend. 376 million PI now on exchanges, with Gate.io leading\u2014fueling concern over sustained sell-offs. PI Price Sees Modest Recovery Pi Network (PI) traded at $0.4755 at press time, [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-36139","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/36139","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=36139"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/36139\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=36139"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=36139"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=36139"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}