{"id":26836,"date":"2026-02-24T09:19:00","date_gmt":"2026-02-24T09:19:00","guid":{"rendered":"https:\/\/investx.fr\/en\/?p=26836"},"modified":"2026-02-24T11:25:03","modified_gmt":"2026-02-24T11:25:03","slug":"pi-network-token-dump","status":"publish","type":"post","link":"https:\/\/investx.fr\/en\/crypto-news\/pi-network-token-dump\/","title":{"rendered":"Pi Network’s anniversary marred by massive token dump: Price plummets"},"content":{"rendered":"\n

A High-Pressure Anniversary for Pi Network<\/h2>\n\n\n\n

What was supposed to be a symbolic week for the “Pioneers<\/strong>” community of Pi has turned into a sequence of extreme tension. On the occasion of the Open Network’s first anniversary, investors were hoping for a bullish rally<\/strong> validating the project’s maturity. Instead, the market recorded a brutal correction, with a weekly drop of more than 6%<\/strong>, followed by a new decline of 4%<\/strong> at the beginning of the week.<\/p>\n\n\n\n

The trigger comes from on-chain data relayed by PiScan. In just four days, nearly 200 million Pi tokens<\/strong> were deposited on centralized exchange platforms (CEX)<\/strong>. In the crypto<\/a> ecosystem, such an influx of liquidity to exchanges is generally perceived as a massive sell signal<\/strong>. Holders are anticipating a further decline.<\/p>\n\n\n\n

To make matters worse, wallets associated with the Foundation recorded an additional outflow of approximately 50 million tokens in 24 hours<\/strong>. Even though no official announcement has confirmed an intention to sell. The market interpreted these movements as possible dilution pressure<\/strong>, accentuating fear and fueling volatility.<\/p>\n\n\n\n

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Technical Analysis: Towards a Break Below $0.13 or Technical Rebound?<\/h2>\n\n\n\n

From a chart perspective, the situation remains fragile. The token<\/a> is trading in the $0.16 \u2013 $0.17<\/strong> zone, in immediate proximity to its All-Time Low (ATL)<\/strong> located around $0.13<\/strong>. The market structure remains clearly bearish, with a succession of descending peaks and troughs confirming seller dominance.<\/p>\n\n\n\n

The critical threshold to watch is the support at $0.1533<\/strong>. A break on daily close would open the path to a quick return towards $0.13<\/strong>. Or even a new phase of price discovery in uncharted territory. Technical indicators are not showing any bullish divergence<\/strong> for now, and momentum<\/strong> remains solidly anchored on the bears’ side.<\/p>\n\n\n\n

In this context, strategy divides investors. The most cautious fear a final capitulation<\/strong>. While contrarian profiles are considering buying the dip in hopes of a technical rebound if the $0.15<\/strong> support holds. However, without a strong catalyst like a token burn<\/strong> or a major strategic announcement the risk of a new bearish leg remains very present in the short term.<\/p>\n\n\n\n

\"Pi<\/figure>\n\n\n\n

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