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#PI# CoinVoice latest news, according to TokeNews reports, data shows that Pi Network (PI) price has fallen 0.73% in the last 24 hours, currently reported at 0.43-0.44 USD.
In the past 24 hours, over 2 million PI have flowed into the exchange, increasing the market supply by 0.25%. Technical indicators show that although the MACD has shown a bullish crossover, the RSI remains in the oversold range at 35.85, indicating significant short-term downward pressure.
This month, the Pi Network plans to unlock 233 million tokens. If market demand does not increase accordingly, it may further intensify selling pressure. The project team stated that they will accelerate the development of the mainnet and ecological applications to boost market confidence.