Price Crashes for Third Day, Nearing Record Low
The price of the Pi Network token has crashed for three consecutive days, bringing it near its all-time low as of February 11, 2026. This sustained decline signals intense bearish pressure and erodes investor confidence in the project's short-term viability. The token's inability to find a support level indicates that sellers are in firm control, with buying interest insufficient to counter the downward momentum.
205M Token Unlock Fuels Sell-Off
The primary driver of the price collapse is a scheduled unlock of 205 million tokens. This event will substantially increase the token's circulating supply, creating a powerful headwind. In market economics, a large influx of supply without a corresponding rise in demand almost invariably leads to a price drop. Investors are selling in anticipation of the unlock, expecting that recipients of the new tokens will liquidate their holdings, thereby adding to the selling pressure.
This supply shock is occurring at a time when market demand for the Pi Network token is already reported to be low. Without a strong base of buyers to absorb the new tokens, the asset faces a high risk of further price depreciation. The situation could trigger a new wave of panic selling among existing holders concerned about further losses, exacerbating the downward price spiral.
