Pi Network’s price has stayed strong despite a shaky crypto market. On November 30, the token traded at $0.25, nearly 70% above its all-time low, while Bitcoin and Ethereum slid to multi-month lows.
November was a big month for Pi. The network invested in CiDi Games, which plans to use Pi tokens in its games, boosting the token’s utility. Earlier, Pi invested in OpenMind, an AI company, positioning itself as an AI-linked token. Node operators may even earn returns by contributing resources to AI projects.
Pi also published a MiCA white paper, aiming for regulatory approval that could help it list on European exchanges. There were talks of ISO certification, but these remain unverified.
The main concern now is the December unlock of 190 million tokens worth over $46 million. Token unlocks usually increase supply and can push prices down. Analysts, however, say much of the risk may already be priced in, and unlocks will taper through June next year.
Technically, Pi is forming a symmetrical triangle on the daily chart, signaling a possible big move. A breakout above $0.2810 could spark gains, while a drop below $0.2035 may trigger a sell-off.
Investors are watching closely. With token utility growing and unlocks continuing, December could define the short-term trajectory for Pi.
