Pi Network (PI) 93% Below $3 ATH; Jan 8 Unlocks and Exchange Inflows Stir Debate

On January 8, Pi Network's PI traded near $0.20, about 2% higher on the week but 93% below its $3 peak from February last year, per CoinGecko. Traders on X split as critics cited exchange inflows and governance concerns, while others eyed a break from an eight-month downtrend and targets near $0.57 amid scheduled token unlocks.