Pi Network unlocks 190 million Tokens in December! Worth 43 million, which may trigger selling pressure.

The unlocking of 190 million Tokens in December brought a significant supply event, affecting the price of Pi Network. Today's market big dump led to a decline in the prices of major assets, and the price of Pi Network also fell accordingly, with panic sentiment spreading in the market. The price of Pi coin dropped nearly 10%, then rebounded to a more solid support level, temporarily reporting at $0.233 on December 2.

Unlocking 190 million coins in December: 43 million USD sell pressure shadow

The unlocking event in December for Pi added 190 million Tokens, and this event has set expectations for the short-term price trend of the Pi Network. As traders closely monitor the timing of the unlock, this unlocking is currently valued at approximately 43 million dollars. Currently, there is insufficient liquidity, and the supply of new Tokens is flowing at a rate higher than normal levels. Over time, this environment will lead to greater market volatility, as even small orders can cause significant price fluctuations.

The unlocking scale of 190 million Tokens is considered a significant event in the history of Pi Network. At the current price of approximately 0.22 USD, these Tokens are worth about 43 million USD. This amount represents about 2.15% of the supply increase for an asset with a market value of approximately 2 billion USD. Although it may not seem too high in proportion, this supply shock could be magnified several times in a market environment with insufficient liquidity.

Since the beginning of 2025, the unblocking cycle has remained basically unchanged, but this period is more important because market sentiment has declined. Past unlocks usually occurred during periods of relatively stable or optimistic market sentiment, with sufficient buying power to absorb the new supply. However, the current market is in a downtrend, with weak buying power, which significantly increases the risk of the December unlock.

Insufficient liquidity is another key risk factor. When market liquidity is sufficient, large sell orders can be absorbed without causing severe price fluctuations. However, in the current environment, even moderately sized sell orders can lead to a big dump in prices. If a large number of token holders choose to sell simultaneously after unlocking, it may trigger a chain reaction of sell-offs and panic.

Key Data for December Unlock

Unlocked Amount: 190 million Pi Tokens

Current Value: Approximately 43 million USD

Market Cap Proportion: Approximately 2.15%

Liquidity Situation: Insufficient, high volatility

Market Sentiment: Downward, weak buying pressure

If buyers enter the market early, Pi can easily absorb more supply. However, due to low demand, the price of Pi Token may further fall to around $0.21. The trend in December will determine the direction at the beginning of this year. This judgment reveals the double-edged sword characteristic of the unlocking event: if the market digests expectations in advance and buying pressure is sufficient, the unlocking may pass smoothly; if the market lacks confidence, the unlocking may become the trigger for a price collapse.

Can the partnership with CiDi Games offset the unlocking selling pressure?

In addition to the unlocking, the Pi team recently announced a partnership with CiDi Games, aimed at allowing Pi to play a greater role in the real world through gaming. CiDi hopes to integrate Pi into its games, enabling players to consume and utilize this Token in more ways. The developers stated that the game aligns well with the Pi ecosystem. This growth period comes during a time of pressure, helping to alleviate people's concerns about the unlocking.

The collaboration with CiDi Games will add a new dimension to the development of the Pi Network ecosystem. Theoretically, when Pi Tokens have practical application scenarios, their intrinsic value will be enhanced. In-game consumption and transactions will create demand for Pi, which may partially offset the selling pressure brought about by unlocking.

However, the demand for gaming applications typically grows gradually and does not produce explosive effects in the short term. In contrast, the supply increase brought by unlocking is instantaneous. This time mismatch between supply and demand is a key issue. If the integration of CiDi Games can be completed before the unlocking and attract a large number of players, it may help stabilize prices. However, if the integration progresses slowly or player participation is low, this positive effect will not be able to offset the negative impact of unlocking.

From the market sentiment perspective, the announcement of the partnership with CiDi Games did not prevent Pi Network from experiencing a big dump of nearly 10% today. This indicates that the market's reaction to this positive news is relatively lukewarm, and investors are more concerned about the upcoming unlocking risks. This kind of “positive news does not rise” trend is often a signal of weak momentum.

A more realistic situation may be that the partnership with CiDi Games is a long-term benefit, but it cannot provide sufficient demand support during the unlocking period in December. Investors need to see actual game integrations, player data, and the consumption of Pi within the game before reassessing the value of Pi. Until this data emerges, the market may continue to focus on the short-term risks of the unlocking.

0.2230 dollar life and death line: Breakthrough to look at 0.24, if it falls below, test 0.21

(Source: Trading View)

The 4-hour chart shows that the price of Pi Network is at a sensitive point, and the structure explains why traders are cautious in that area. Pi broke below the ascending channel in late November, pushing the market into the previous support demand area. Currently, the candlestick shows resistance, but this price level remains the best position to look for the next wave of movement. This drop has placed Pi coin in a delicate range, currently affecting short-term expectations.

If the price of Pi Network stays above $0.2230, buyers will have more room for a steady Rebound. Due to the low selling demand near this price level, this move will push the price of Pi coin up to $0.2306. If the price successfully breaks through this level, it is expected to rise further to $0.2476. The upward space from the current price to $0.2476 is about 12%, which is attractive for short-term swing traders.

But if Pi loses support, the price may fall to $0.2100, at which point the market may experience greater volatility. This area is crucial for Pi's long-term price outlook, as traders need to seek solid evidence before considering setting higher targets again. $0.2100 is a deeper support level, and if it reaches that level, it may trigger further panic selling.

Pi Network Key Technical Levels

Current Price: Approximately 0.22 USD (Rebound after a big dump of 10% today)

Key Support: 0.2230 USD (Death Line)

First Resistance: 0.2306 USD

Second resistance: 0.2476 USD (target after breakout, up 12%)

Fall below target: 0.2100 USD (down about 5%)

The strong rebound in the demand area for Pi currently determines the short-term stability of the network. Today's market big dump caused the price of Pi coin to fall nearly 10%, but it subsequently rebounded to around $0.22, indicating that this price level indeed has buying support. However, whether this rebound can be sustained needs to be observed in the trends over the next few days. If the rebound lacks strength and the price tests $0.2230 again, the effectiveness of the support will be called into question.

Liquidity for multiple trading pairs is diluted, and the market reacts more violently than usual. This dilution of liquidity is extremely dangerous in low market cap assets because it amplifies price volatility. In a normal market environment, a 5% sell order might cause a 2-3% price fall. However, in a liquidity diluted environment, the same sell order could result in a 10% drop or even higher. This also explains why Pi could experience a big dump of 10% today.

As the supply and demand structure aligns, December will provide the final conclusion for the trend of Pi coin. In summary, with the dual pressures of market unblocking and liquidity shortage, Pi will face significant downward pressure as it enters December. The price of Pi Network is currently at a level that may signal deeper weakness or confirm its strength. If the price of Pi coin can hold above the current resistance level, it is expected to launch an assault on higher resistance areas. However, if the price deviates from this range, it will directly fall to lower support levels.

Investor Strategy: Wait and See or Buy the Dip?

For investors in the Pi Network, December is a critically important month. Conservative investors should wait until the unlocking is complete and the market has digested the new supply before considering entry. Historical experience shows that large-scale unlocks usually take 1-2 weeks after the event to find a new supply and demand balance, which may provide better buying points.

Risk-tolerant investors who wish to establish positions at the current price level should adopt extremely strict risk control. It is recommended that the position does not exceed 2-3% of the total capital, with a stop-loss set below $0.2200 (allowing for a 1% margin of error), and a target price of $0.2476 (approximately 12% upside potential). The risk-reward ratio of this configuration is about 1:12, but the probability of success is relatively low.

Existing token holders face a difficult choice. If the holding cost is below $0.20 and they can withstand volatility, they may choose to hold and wait for the long-term effects of the CiDi Games collaboration. If the holding cost is higher or they cannot bear further falls, reducing their position near the current price may be a more cautious choice. This is especially true for investors who entered at high levels; timely stop-loss to avoid deep entrapment is wiser than expecting a rebound.