Jakarta, Pintu News – The planned massive token release by Pi Network (PI) in June has caught the attention of the global cryptocurrency community. With more than 276 million tokens to be released to the market, the potential selling pressure on PI is one of the most discussed issues.
Based on data from PiScan, Pi Network is scheduled to unlock 276 million PI tokens in June 2025. With a current market price of around $0.63 per token, the total value of the tokens to be released is more than $176 million or equivalent to Rp2.868 trillion.
Large token releases like this often increase selling pressure, especially when market conditions are sluggish. Low trading volumes and bearish investor sentiment make this unlock moment particularly vulnerable to further price declines.
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On the technical front, PI is showing signs of waning investor interest. PI’s Relative Strength Index (RSI) currently stands at 40.49, which is below the neutral line of 50. This signals that selling pressure is dominating the market, with more market participants choosing to sell than buy.
In addition, PI’s Aroon Down indicator is at 86%. This value is very high and indicates that PI prices are frequently registering new low points, emphasizing the dominance of the bearish trend. If this condition continues, the PI price is at risk of touching or even breaking the all-time low of $0.40 or around Rp6,520.
With prices currently hovering around $0.63 (IDR10,269), the potential for a decline towards the $0.40 (IDR6,520) support point is increasingly open. If selling pressure remains high and there is no significant buying interest, then the possibility of breaking the support could become a reality.
However, the opposite scenario is also still possible. If there is a new surge in demand, for example from community sentiment or ecosystem development, PI could experience a price bounce and even head towards resistance at $0.86 or Rp14,018. This would undo the negative trend that has been dominating.
For cryptocurrency investors, this incident is a reminder of the importance of risk management and understanding the dynamics of token unlocks. Not all token releases lead to price drops, but in the context of a technically depressed Pi Network, the risk is higher.
As a mitigation measure, market participants are advised to monitor technical indicators such as RSI and Aroon regularly. Evaluation of community sentiment and information around project development is also very important, especially in market conditions that are heavily influenced by news and emotions.
With the release of 276 million PI tokens scheduled for June, the crypto market is closely watching whether this will be a turning point or a trigger for a deeper price crash. This situation confirms that an investment strategy in cryptocurrency should be based on in-depth analysis and preparedness for extreme volatility.
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*Disclaimer
This content aims to enrich readers’ information. Pintu collects this information from various relevant sources and is not influenced by outside parties. Note that an asset’s past performance does not determine its projected future performance. Crypto trading activities are subject to high risk and volatility, always do your own research and use cold hard cash before investing. All activities of buying andselling Bitcoin and other crypto asset investments are the responsibility of the reader.
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