Pi Network Plunge: Price Falls Nearly 30% After 8M Token Unlock, 13M More Await on May 15

  • TL;DR Massive Price Drop: After the unlock of 8M tokens, Pi Network's price plunged nearly 30%, falling from about $1.40 to around $1.10. Market Turbulence: The sudden influx of tokens spurred aggressive whale selling and a spike in trading volume, intensifying market volatility.