The price of PI Network has dropped, largely due to unlocking in token to come. More than 1.6 billion tokens, worth 1.4 billion dollars, will be unlocked over the next 12 months, increasing the supply in circulation and diluting the value of existing tokens. Although the team has not confirmed a token burn, market rumors suggest that it could happen soon. If it is associated with exchange lists and an ETF PI, it could trigger a price overvoltage, potentially reaching $ 3.14.
