Pi coin today news: 9 million coins will be unlocked on December 25, countdown to dumping crisis.

The Pi coin core team released two major updates before the holidays, with the testnet DEX switching to trading pairs priced in PI, and launching a “Community Business Plan” to support holiday promotions. However, the favourable information could not prevent the price from falling. According to PiScan data, December 25 will see the largest daily unlock volume, with nearly 9 million tokens about to flood the market.

DEX shifts to Pi coin pricing but cannot save the situation

The core focus of today's news about Pi coin is the significant updates to the Testnet decentralized exchange (DEX) and automated market maker (AMM). The most notable change is the shift to liquidity trading pairs priced in PI, allowing the project's native token to serve as the main underlying asset for the Testnet exchange, following the model of established DeFi ecosystems like Uniswap and PancakeSwap.

The core team stated that this will bring multiple advantages to pioneer users: lower price volatility, less trading slippage, stronger resistance to manipulation, and clearer and more reliable price discovery. The team also outlined the updated DEX and AMM interface, simplifying navigation and lowering the entry barrier for new users. From a technical architecture perspective, this update is an important step for the Pi Network towards true decentralized finance.

However, this technological advancement has failed to translate into price support. The target price for PI on Tuesday was $0.21 but stopped there, currently approaching a psychological barrier of falling below $0.20. This phenomenon of “Favourable Information not leading to an increase but rather a fall” reveals a deeper issue: when supply pressure persists and market confidence collapses, the marginal effect of technological updates approaches zero. What investors care about is not how advanced the Testnet functions are, but when the issue of massive token unlock pressure can be resolved.

From a broader perspective, the price of PI has fallen over 93% from its historical high of nearly $3.00 at the end of February. Such a crash is not uncommon in the history of cryptocurrencies, but for a project that claims to have tens of millions of users, this fall reveals a fatal flaw: the number of users has not translated into actual demand, and mining users do not equate to buying users.

900 million coins will be unlocked on December 25, triggering a selling spree

(Source: PiScan)

The biggest risk in today's news about Pi coin comes from the upcoming token unlock. According to PiScan data, December 25 will see the highest number of tokens released, close to 9 million. This timing is extremely unfavorable; market liquidity is already thin during the Christmas period, and a large token unlock could trigger a price crash.

The Triple Impact of Pi Coin Unlocking

Supply shock directly lowers prices: 9 million coins is several times the current daily trading volume, and if there is a large sell-off, it will break through all support levels.

Self-fulfilling Prophecy: Investors expect the price to fall on the unlocking date, choosing to sell in advance, making the expectation a reality.

Liquidity traps exacerbate volatility: With less capital taking positions during the holidays, the same selling pressure causes larger falls.

The average number of tokens expected to be unlocked next month is approximately 5 million. This continuous and stable supply release puts long-term selling pressure on PI. Unlike a one-time large-scale unlocking, continuous small-scale unlocks are harder to digest, as the market is just stabilizing each time, and a new round of unlocks brings selling pressure again. This “dull knife slicing meat” style of unlocking design is the fundamental reason why PI finds it difficult to regain upward momentum.

From the perspective of miners' psychology, many early participants had mining costs close to zero, and even selling at $0.20 was pure profit. This low-cost holder behavior is highly unfriendly to prices, as they have no motivation for a “defensive cost line” and are willing to sell at any price. In contrast, investors who bought on the secondary market are stuck at $0.50 or even higher, forming a zero-sum game of “miners selling, buyers losing.”

Community Business Plan Difficult to Resolve Ecological Dilemma

The second major announcement carries a strong festive atmosphere. The initiative, named “Community Business Plan,” aims to support small businesses based on the PI Token, enhance the practical application value of the token, and help pioneer users more easily discover applications and merchants that accept the token. Application developers can create holiday specials, discounts, or shopping events, and promote them in the PiFest Fireside forum channel, directly handling sales, order fulfillment, and delivery with potential customers.

The team promises that 100 users will win branded shirts and hats, which will be distributed by a third-party vendor, covering over 220 regions worldwide. Users can browse the Pi ecosystem catalog or the Fireside forum to find participating merchants in the event, shop through the mainnet e-commerce application or at local merchants that accept Pi cards, and enjoy seasonal promotions.

This attempt to promote practical applications is commendable, but its effectiveness is limited in the current price environment. When PI falls from $3 to $0.20, merchants' willingness to accept PI payments will significantly decrease, as price volatility complicates pricing and settlement. More importantly, investors are concerned about preserving their principal rather than whether they can buy shirts with PI. Only when prices stabilize and return to an upward trend can these ecological constructions realize their true value.

The core contradiction revealed by today's news about Pi coin is: the team is working hard to build the ecosystem, but the design flaws in the token economics are destroying everything. The ongoing unlocking pressure combined with a 93% historical fall makes any favourable information seem weak.