Guavy AI Editorial TeamSentiment: 2Clout: 58

Pi Network's PI Token Sees Significant Price Increase Amid Market Revival

Pi Network's native token, PI, has shown signs of recovery, increasing in value by 3-4% over the past day and breaking above the psychological level of $0.15.

This rebound can be attributed to a combination of factors, including the overall altcoin market revival and bullish news from OKX affecting the US market.

The token unlocking schedule for Pi Network indicates that approximately 5 million coins will be released per day in the coming weeks, with an increase to over 15 million tokens per day by June 2. This could lead to some selling pressure, but it is expected to ease after June 3.