PI網絡再次成為頭條新聞，但這一次是為了影響其加密貨幣的未來的重大事件。

按照時間表的時間表將超過15億代幣進入市場

Pi Network, the cryptocurrency project that has been making headlines for its initial gains and subsequent setbacks, is set for another major event today. After a schedule of unlocks that saw more than 1.5 billion tokens enter the market, 2.8 million PI tokens are being unlocked into circulation.

PI Network是一個加密貨幣項目，該項目已成為其最初收益和隨後的挫折的頭條新聞，並將為當今的另一個重大事件設定。在有超過15億代幣進入市場的未鎖定時間表之後，有280萬個PI令牌被解鎖到流通中。

The token release will continue throughout the year, with April expected to bring the largest unlocks of 108.9 million PI tokens, according to PI Scan, a real-time blockchain explorer. The smallest unlocks of about 2.8 million PI tokens are expected to occur in May, June, and July, while December will see the release of 432 million tokens.

實時區塊鏈探險家PI Scan表示，代幣的發布將全年持續，預計April將帶來最大的1.09億PI令牌解鎖。預計將在5月，6月和7月發生最小的約280萬個PI令牌的解鎖，而12月將發布4.32億個令牌。

This adds to the 6.88 billion PI tokens that are already in circulation, currently valued at around $0.6174. At the beginning of the year, when Pi was first introduced, the token began trading at $0.1071. In a matter of days, the price surged by over 2,600%, reaching a peak of $3.00 in late February.

這增加了已經流通的68.8億PI令牌，目前價值約0.6174美元。在年初，當PI首次引入時，令牌開始以0.1071美元的價格交易。在幾天之內，價格飆升了2,600％以上，2月下旬達到3.00美元。

However, the token quickly lost steam, and by April 4, its price had fallen by 81.58%, highlighting the highly volatile nature of Pi’s early price movements.

但是，令牌很快就失去了動力，到4月4日，其價格下跌了81.58％，強調了PI早期價格變動的高度波動性。

After the initial surge, the price of Pi has fluctuated between $0.4040 and $0.7894, with some recovery observed in recent weeks.

最初的激增後，PI的價格在0.4040美元至0.7894美元之間波動，最近幾週觀察到了一些恢復。

Token unlocks in the cryptocurrency world are always met with mixed reactions. On one hand, they can be seen as a sign of progress and maturity for a project, allowing for greater liquidity and transparency. In Pi’s case, the release of tokens today could be viewed as part of a long-term plan for building a more robust ecosystem and network.

在加密貨幣世界中，令牌解鎖總是遇到混合反應。一方面，它們可以看作是項目的進步和成熟度的標誌，從而使流動性和透明度更高。在PI的情況下，今天的代幣發布可以被視為建立更強大的生態系統和網絡的長期計劃的一部分。

On the other hand, token unlocks can often result in price dips. The added supply can overwhelm market demand, particularly if investors who have been holding tokens decide to sell off as they are unlocked.

另一方面，令牌解鎖通常會導致價格下跌。增加的供應可能會淹沒市場需求，特別是如果一直持有令牌的投資者決定在解鎖時出售。

This situation is further complicated by the fact that Pi Coin’s community remains divided on the project’s long-term prospects. Some investors are hopeful that the Pi Network will continue to grow and attract greater utility, thereby justifying the increase in token supply.

Pi Coin的社區在項目的長期前景上仍然存在分歧，這一事實使這種情況更加複雜。一些投資者希望PI網絡將繼續增長並吸引更大的公用事業，從而證明令牌供應的增加是合理的。

Others remain more cautious, viewing the frequent token unlocks as a risk of dilution. As the number of circulating tokens increases, each token becomes slightly less valuable unless there’s a corresponding increase in demand.

其他人則更加謹慎，將頻繁的令牌解鎖視為稀釋的風險。隨著循環令牌數量的增加，除非需求增加，否則每個令牌的價值都會略有下降。

Looking forward, there’s still a lot of uncertainty regarding the future price movements of Pi Coin. In May, June, and July, Pi Network will release another 190 million, 226 million, and 233 million tokens respectively.

展望未來，PI硬幣的未來價格變動仍然存在很多不確定性。在5月，6月和7月，PI Network將分別發布1.9億，2.26億和2.33億個令牌。

These periodic unlocks are sure to continue placing pressure on the price, especially if there’s a lack of institutional interest or a failure to develop practical use cases for Pi Coin in the broader market.

這些週期性的解鎖肯定會繼續對價格施加壓力，尤其是如果缺乏機構利益或未能在更廣泛的市場中開發PI硬幣的實際用例時。

For Pi Network to maintain or grow its price, it will need to demonstrate sustained adoption and use, both by its community and by external players in the cryptocurrency ecosystem. The release of tokens alone is not enough to justify long-term growth if there isn’t a clear path toward a broader market or utility.

為了使PI網絡維持或提高其價格，其社區和加密貨幣生態系統中的外部參與者都需要證明持續的採用和使用。如果沒有通往更廣泛的市場或公用事業的明確途徑，僅釋放令牌就不足以證明長期增長是合理的。