Pi Network Price Prediction: 119M PI Unlocking in June as Launchpad Drops Second Test Token

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Pi Network trades at $0.1271 on June 12 with MACD deeply negative and all four EMAs stacked bearishly above price (20 EMA $0.1363, 50 $0.1506, 100 $0.1644, 200 $0.2111), suggesting a downside target near $0.0998. Liquidity risk is rising as 119M PI unlocks in June, including 16M on June 11 while exchange outflows were only 259,000 PI that session, meaning outflows must grow about 8x to absorb supply. On the adoption front Pi Launchpad released SLICE, its second test token tied to a working app, indicating continued token launch and protocol development in the crypto and DeFi ecosystem.
- PI trades at $0.1271 with MACD deep negative and all four EMAs stacked bearishly above price
- 119M PI unlocking in June with current exchange outflows needing to grow 8x just to absorb supply
- Pi Launchpad releases SLICE, its second test token connected to a real working app for the first time
Pi Network trades at $0.1271 on June 12, sitting on the same historical support floor it has tested twice this month, as 16M tokens unlocked in a single day on June 11 while exchange outflows totaled just 259,000 PI the same session.
PI Daily Chart: MACD Goes Flat at the Bottom With $0.0998 Drawn as the Next Target

The daily chart has a clear downside scenario mapped out. All four EMAs sit overhead in bearish order: 20 at $0.1363, 50 at $0.1506, 100 at $0.1644, and 200 at $0.2111. A descending wedge has been compressing price si…
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