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Pi Network Runs Out of Steam – Is a Rebound Still Possible?

  • Pi Network is experiencing caution and fading hype as supply pressures increase despite recent positive news like new app integrations and developer support.
  • Traders are concerned about the upcoming unlock of over 276 million PI tokens in July, expected to test market resilience without significant new launches to balance added liquidity.
  • Pi has a track record of sharp spikes followed by rapid corrections, and the current price stability at the $0.40 threshold is being closely monitored for potential triggers that could attract bargain hunters.
  • Despite potential positive shifts in infrastructure to support developer applications directly, Pi's short-term challenges may outweigh long-term benefits as traders await volatile market movements in the coming weeks.

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