The Pi Network is getting attention again. Social media buzz is rising fast, with Pi’s social dominance hitting 0.276%—its highest since May 21. That’s a big jump from this month’s low of just 0.09%. This growing interest comes just before “Pi Day 2” on June 28, which will wrap up events like the .pi domain auction and the Open Network PiFest. These events could help push the price higher.
Right now, Pi is trading around $0.64, down about 2.35% for the month. It’s sitting at a key support level. On the charts, there’s a triple-bottom pattern forming—a sign that a big price bounce might happen soon. If Pi can rise above $0.80, it could see a strong rally.
Some indicators are still negative, and trading volume is dropping. If the price doesn’t break $0.80, the downtrend could continue. Analysts are also warning about bearish divergence, which means the price is rising but strength is falling—a possible sign of weakness.
One big update: Over 340 million Pi tokens will be unlocked in the next 30 days. This could lead to more people trading and using Pi, but it might also put pressure on the price.
Another big move happened recently—200 million PI tokens were pulled from liquidity reserves and sent to a new wallet. Some experts think this was a private “OTC” (over-the-counter) deal, where large amounts are traded outside of exchanges. This sparked talk about possible big investors getting involved.
Lastly, there’s the ongoing debate about PI’s dual value system. On public markets, Pi trades under $1. But inside the network, the Global Consensus Value (GCV) is set at $314,159 per coin—yes, really. This huge difference has sparked confusion and debate. But on-chain data shows real users are making transactions at that high GCV level, which means the model might have a real-world use after all.
CoinPedia has been delivering accurate and timely cryptocurrency and blockchain updates since 2017. All content is created by our expert panel of analysts and journalists, following strict Editorial Guidelines based on E-E-A-T (Experience, Expertise, Authoritativeness, Trustworthiness). Every article is fact-checked against reputable sources to ensure accuracy, transparency, and reliability. Our review policy guarantees unbiased evaluations when recommending exchanges, platforms, or tools. We strive to provide timely updates about everything crypto & blockchain, right from startups to industry majors.
All opinions and insights shared represent the author's own views on current market conditions. Please do your own research before making investment decisions. Neither the writer nor the publication assumes responsibility for your financial choices.
Sponsored content and affiliate links may appear on our site. Advertisements are marked clearly, and our editorial content remains entirely independent from our ad partners.
Binance has announced that it banned more than 600 accounts last week for using unauthorized…
Story Highlights The live price of SUI crypto is . The SUI price is expected…
Story Highlights Solana Price Today is . Solana coin price could reach a potential high…
Story Highlights The ASTER price today is The token could hit an average price of…
The past week for Aster has been no less than a rollercoaster, and I’ve been…
Monero price just logged an impressive 5.7% surge to $311.86 in the past day, decisively…