PI Token drop over 95% as heavy unlocks and thin liquidity dey
PI Network native token PI don collapse pass 95% from im February 2025 peak wey be $2.99 after dem list am for exchanges less than one year ago. CoinGecko data show say e don drop 40% for the last month, PI touch $0.1338 before small rebound to about $0.145. Analysts dey blame repeated big token unlocks, scarce on‑chain and order‑book liquidity, and small external capital as the main reason for selling pressure. Machine‑learning chart commentary (Google Gemini, ChatGPT) show bearish scenarios: base case go $0.10, worst‑case capitulation for $0.06–$0.08 range, and low‑probability “zombie coin” outcome under $0.05 where plenty holders dey but trading volume near zero. Technical watchers mark $0.16 as key weekly level; if e no reclaim am fit expose deeper liquidity between $0.05–$0.06. Traders make dem monitor token unlock schedules, on‑chain liquidity, and order‑book depth; use tighter risk controls (smaller sizes, staggered entries, strict stops) because downside risk don high and institutional inflows low. The drop show tokenomics weakness and how important deep liquidity pools and ecosystem development be for price resilience.
Bearish
Di–kombo tingim wey dem gather show say PI dey under steady downward pressure, driven by quantifiable supply shocks (token unlocks), on‑chain and order‑book liquidity too thin, and institutional support near zero. Short term, expect more volatility and downward testing: technical risk dey around the $0.16 weekly level — if e no reclaim am, e fit lead to deeper liquidity for between $0.05–$0.06, wey go amplify stop‑runs and forced selling. Mid to long term, unless meaningful changes happen (slower unlock schedules, deeper liquidity pools, real ecosystem growth), the token face persistent devaluation risk and the chance of extremely low volume (“zombie coin”) status. For traders this mean higher execution risk, wider spreads, and greater slippage; position sizing, tight stops, and careful monitoring of unlocks and on‑chain flows na essential. Overall, the outlook for PI na bearish until we see evidence of sustainable demand and improved liquidity.