Pi Network Crumbles: Bearish Signals Hit Hard in November 😱

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Trading data for Pi Network (PI) whispers a melancholic tale for its price in November. Though Pi has already plummeted more than 90% from its summit, the market’s cruel winds may yet blow it lower. 🍂

What are these ominous signs, and how do Pi’s faithful defenders spin their narrative? 🤔

A Flood of Pi Tokens Unleashed 📈

First, Piscan data reveals that the daily Pi unlock has surged to 4.85 million PI, with a staggering 145 million Pi set to be unleashed in the next 30 days. 🌊

December promises even more, with over 173 million Pi set to be unlocked – the highest monthly volume until September 2027. 📅

This unrelenting flood of Pi tokens threatens to drown any hope of price recovery on exchanges. 💀

Exchange Reserves Swell: Selling Pressure Mounts 💼

Pi balances on exchanges continue to grow in November, signaling relentless selling pressure. 📊

Early-month reports noted about 423 million Pi on exchanges. By mid-November, this figure had climbed to nearly 426 million Pi, setting an all-time high. 🏔️

Such swelling reserves suggest exchanges are brimming with Pi tokens, poised for trading or sale, casting a long shadow over prices. 🌑

Feeble Trading Volume Reflects Market Fatigue 🥱

Spot trading volume for Pi on centralized exchanges remains tepid in November, hovering around a mere $30 million daily.

CoinMarketCap data shows Pi’s monthly trading volume slumped to just $1.2 billion last month. Both price and trading volume have spiraled downward in tandem. 📉

Low liquidity, combined with the ceaseless unlocking and influx of Pi to exchanges, could fuel the downward spiral further. 🌀

Pi’s Faithful Stand Firm Amidst the Storm 🌪️

Despite these bearish omens, Pi’s loyalists cling to their optimism. 🙏

An X account named Dao World, self-styled as a Pioneer, argued that while Pi boasts a vast maximum supply, the actual circulating amount is a modest 3 billion. The Pi Core Team, he noted, has not been aggressively selling. 🛡️

He suggested that a handful of market makers (MM) on select exchanges primarily dictate Pi’s current price. Once the selling pressure subsides, he predicts a rebound. 🚀

Even though $Pi has a large max supply, considering that the CT has not been aggressively selling tokens and the actual circulating supply is only a little over 3B, and price action is largely managed by MM on a few exchanges – am I the only one who thinks that when it’s time for…

– Dao world (@Koreanteacher1) November 11, 2025

Several other Pioneers echo this sentiment, claiming the current $0.20 range is a golden buying opportunity – one they’ll reminisce about fondly in years to come. 🌟

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2025-11-12 11:02