Pi Network’s PI surged 15%, jumping from $0.083 to a three-week peak of $0.096, before stabilizing above $0.09. Its market cap climbed back above the coveted $1 billion mark. This rally follows an all-time low of just over $0.07 hit last month. However, unlocking volumes are set to increase significantly from fewer than 77 million tokens in June to 128 million in August and 132.7 million in September, which could create substantial selling pressure and potentially halt the price recovery.
Source: Read the original article
