Pi Network Launches 200% Post-Migration Lockup as Price Falls Below Key EMAs

Pi Network has introduced a 200% post-migration Lockup feature as part of its ongoing efforts to enhance user engagement and long-term participation. This update, announced in a recent blog post, allows users to lock up twice the amount of Pi tokens that have already been migrated to the Mainnet, potentially boosting mining rewards. The feature is specifically aimed at tokens earned through apps or commerce and is part of the same irreversible reward model outlined in the 2021 Whitepaper. Pre-migration Lockups, which apply to tokens not yet migrated, can be configured in the Pi mining app under “Mainnet” → “Configure Lockup Rate,” while post-migration Lockups are managed via the Pi Wallet and Pi Browser[1].

The move comes as Pi Coin continues to struggle with bearish price momentum. As of the latest data, Pi Network is trading at $0.4191, remaining below key exponential moving averages (EMAs). The 50-day EMA stands at $0.5076, and the 100-day EMA is at $0.6386, both of which are acting as significant resistance levels. The price is currently finding support at $0.3837, with further downside targets at $0.2585 and $0.1170. Resistance levels remain at $0.5207, $0.6600, and $0.8686. Technical indicators continue to reinforce the bearish outlook, with the RSI at 35.11, indicating oversold conditions, and MACD lines remaining below zero, signaling a lack of bullish momentum. Daily trading volume stands at 21.84 million, highlighting limited active participation in the market[1].

Despite the RSI suggesting a potential oversold condition, Pi Network has shown no signs of reversing its downward trend. A break above $0.5207 would be necessary to trigger any short-term recovery, but such a move remains unlikely in the near term. The continued pressure from key EMAs and weak technical momentum increase the downside risk for Pi Coin. The 200% Lockup feature may encourage more users to commit to long-term mining, but it does not currently appear to influence market sentiment in a bullish direction. From a trading perspective, the current environment supports a cautious stance until more conviction toward a reversal is evident[1].

The ecosystem’s evolution highlights an attempt to align user behavior with long-term value creation, yet the immediate market response remains subdued. Analysts and traders are closely watching for any signs of sustained buying pressure or a shift in momentum before adjusting their positions. Until then, Pi Network is expected to remain under bearish pressure, with technical indicators and price action favoring a continuation of the downtrend[1].

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[1] Pi Network Adds 200% Lockup Amid Bearish Price Performance. https://coinmarketcap.com/community/articles/688dc67f13c64465ecc43b2f/