PI网络（PI）价格下跌21％，因为投资者担心增加供应

Pi Coin（PI）撤退到低于0.60美元的低点，其一周内的最低水平，本月的最高点低21％。

Pi Network price continued to retreat this week as investors remain concerned about its increasing supply.

PI网络价格本周继续撤退，因为投资者仍然担心其供应量的增加。

Pi coin (PI) retreated to a low of $0.60, its lowest level in a week and 21% below its highest point this month.

Pi Coin（PI）撤退到低于0.60美元的低点，其一周内的最低水平，本月的最高点低21％。

The most likely reason for the sell-off is that more tokens are being released to the market each day. According to PiScan, over 105 million tokens will be unlocked this month.

抛售的最可能原因是，每天都会将更多的令牌发布到市场上。根据Piscan的说法，本月将解锁超过1.05亿个令牌。

An additional 1.57 billion tokens will also be unlocked in the next 12 months. This averages at over 4 million tokens each day. These tokens are currently valued at over $954 million.

在接下来的12个月中，还将解锁另外15.7亿个令牌。平均每天超过400万个令牌。这些令牌目前的价值超过9.54亿美元。

Like other assets, the price of a cryptocurrency is determined by supply and demand. An increase in supply when demand is weak will always lead to lower prices.

与其他资产一样，加密货币的价格取决于供求。当需求较弱时供应的增加总是会导致价格降低。

A similar situation occurs in the stock market, where shares drop whenever a company sells shares to raise capital.

股票市场发生了类似的情况，每当公司出售股票以筹集资金时，股票下跌。

Fortunately, some solutions can help to offset this dilution. One of them is a large-scale burning operation by the developers. For example, on-chain data shows that the Pi Foundation holds over 70 billion tokens valued at over $40 billion. It can burn some of those coins and boost the token’s value.

幸运的是，某些解决方案可以帮助抵消这种稀释。其中之一是开发人员的大规模燃烧操作。例如，链链数据表明，PI基金会持有超过400亿美元的400亿美元的代币。它可以燃烧其中的一些硬币并提高令牌的价值。

Pi Network can also propose burning some of the fees generated from its ecosystem of dApps. This is a common practice in the crypto industry. For example, the BSC Chain has burned BNB coins worth over $152 million using this mechanism.

PI网络还可以提出燃烧其DAPP生态系统产生的一些费用。这是加密行业的普遍做法。例如，BSC连锁店使用这种机制烧毁了价值超过1.52亿美元的BNB硬币。

Pi Network price analysis

PI网络价格分析

The 4H chart shows that the Pi coin price has come under pressure in the past few days. It has retreated after rising to a resistance level at $0.7860 last week.

4H图表显示，过去几天，PI硬币价格已经受到压力。上周，它已上升到0.7860美元后，它撤退了。

Pi Network has now dropped to $0.6085, which is also an important support level that coincides with the ascending trendline connecting the lowest point since April 7. It is also the first support of the Woodie pivot point.

PI Network现在已降至0.6085美元，这也是一个重要的支持水平，与4月7日以来的最低点连接的上升趋势线相吻合。这也是Woodie Pivot Point的首次支持。

It has moved slightly below the 50-period moving average. Therefore, the token will likely have a bearish breakout, with the initial target being $0.40, the lowest point this month. This target is about 35% below the current level.

它的移动略低于50周期的移动平均线。因此，令牌可能会出现看跌的突破，最初的目标是0.40美元，是本月最低点。该目标比当前水平低约35％。

The alternative for this scenario is where the coin rebounds if it receives a tier-1 exchange listing or if the developers comes up with a strategy to address the rising supply.

这种情况的替代方法是硬币如果收到一级交换上市，或者开发人员提出了解决供应量增加的策略，则可以反弹。