“Uptober,” a sobriquet much favoured in the crypto society, has begun with a flourish, and the market-ever ready for a spectacle-has watched several leading currencies leap forward as if at a grand ball where the music never ceases. 😂
“PI could break through key resistances and surprise investors with a rally into the $0.40-$0.50 range, establishing itself as one of the standout performers of the month.”
Equally, the automaton lauds Pi Network’s devoted multitude-millions of users-whose ardour might be rekindled should the price begin climbing, thereby cultivating a fresh ascent. 🤝
The Bearish Outlook
Yet, the automaton cautions that forthcoming token unlocks, tepid sentiment, and other bearish considerations may prove formidable obstacles to such a bull run for PI.
“Realistically, a rally into the $0.30-$0.35 band might be possible in a strong scenario. But given the looming token unlocks, weak sentiment, and technical resistance, expecting a massive leap beyond ~$0.40 would be risky.”
It is worth noting that almost 13 million tokens shall be unlocked today (October 1), a record for the ensuing thirty days. In total, 136.3 million PI will be released within that period, affording investors the chance to relinquish assets they have long contemplated parting with. 💸
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2025-10-01 16:18