Pi Coin’s 8% Bounce Off $0.071 ATL Collides With a 1.21B-Token 2026 Unlock Wall
PI printed a fresh all-time low of $0.071, down 97.6% from ATH, as ~103M tokens unlock monthly against a lone 400M-PI whale bid.
Pi Network’s PI token carved a new all-time low of $0.071 before staging an 8%-11% intraday bounce, according to figures cited by CaptainAltcoin. The relief rally leaves PI still down more than 25% on the week and 97.6% below its all-time high of $2.98, marking one of the steepest post-launch drawdowns tracked in this cycle.
The bounce does little to alter the technical picture. On the 4-hour chart, PI has not traded above its 200-day moving average — currently at $0.165, more than double spot price — in months. The broader downtrend stretches back to March 2026 highs near $0.60, with price printing consistently lower highs and lower lows since.
Key levels traders are watching
Immediate resistance sits at $0.080-$0.085, the first hurdle for any stabilization attempt. A reclaim of $0.100 — the psychological level lost earlier — would be the next confirmation point. On the downside, the $0.071 all-time low is the current floor, with $0.065 and $0.060 as the next support shelves if it breaks.
RSI reads 36.55, approaching but not yet in oversold territory, leaving room for further downside before a sustainable reversal, per CaptainAltcoin’s chart analysis.
Supply overhang is the core problem
Analyst Zippy, cited in the report, framed the collapse as a structural supply issue rather than a demand shock: “Pi Network has fallen to a new all-time low of $0.071. PI is now down 97.6% from its all-time high of $2.98, making it one of the steepest post-launch collapses in crypto.”
Around 103 million PI unlock monthly, with more than 127 million tokens scheduled to enter circulation in the coming weeks. Roughly 1.21 billion PI are expected to unlock across 2026, a release pace of about 6.5 million coins per day. Zippy noted that a large founder-controlled supply share, combined with limited mainnet transparency, made the outcome “largely foreseeable” as unlocks kept outpacing demand.
Whale wallets buy the dip
Despite the sell pressure, on-chain activity shows accumulation at these levels. A single transaction reportedly moved 6.08 million PI from OKX into a private wallet, and a separate wallet holding more than 400 million PI has continued adding to its position through the unlock cycle. Data referenced in the report shows just 21 wallets hold over 10 million PI each, concentrating a meaningful share of float among large holders.
On the development side, the Node 0.6.0 upgrade added a Mainnet RPC server and new ecosystem services, while three products — PiVerify, SoloHost and Pi Sign-in — launched around Pi2Day as the network pushes from mobile mining toward a utility-focused stack with AI tools and backend storage for decentralized apps.
None of that development activity has yet translated into price support. With roughly 6.5 million PI entering circulation daily for the rest of 2026, the token’s ability to hold $0.071 — let alone reclaim $0.100 — depends on whether whale accumulation and ecosystem utility can absorb a supply schedule that has consistently outrun demand.
Read more: Pi Network Prints $0.07059 ATL as Funding Hits -0.057% and 130M Unlock Looms