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The Pi #PI# community as a whole is looking forward to Pi Day on June 28. Many are hoping that the Pi Core team will provide an update on the latest deployment of the Open Mainnet or token utility, which could breathe new life into the stagnant market. Without such a catalyst, prices are likely to continue to fall, with some forecasts suggesting that the price will fall to $0.40 or even lower by the end of August. The process of unlocking the Pi is slowing down – does this activate the recovery process? Positive development: The coin unlock rate is expected to decrease by the end of August. That could ease selling pressure, bring much-needed relief, and restore investor confidence in the fourth quarter. With the structure opening and mainnet opening time approaching, all eyes are on $0.38 and the descending triangle breakout area, which could determine the next big move for the coin.