Key Notes

Pi coin has dropped 10% to under $0.35, as rising exchange deposits and upcoming token unlocks point to further downside risk.

Pi reserves on centralized exchanges have reached a record 420 million PI.

More than 164 million Pi tokens are scheduled to unlock in September, creating potential selling pressure in a low-liquidity environment.

Pi coin PI $0.34 24h volatility: 6.4% Market cap: $2.74 B Vol. 24h: $65.62 M , the native cryptocurrency of Pi Network, faced a classic pump and dump, and is down 10% today, slipping under $0.35.

Following the Pi Network Linux Node update last week, the Pi token surged all the way to $0.40, where it faced huge selling pressure.

Moving into September, exchange deposits and token unlocks will play a crucial rol

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