Pi Network Plunges 11% — Is June 28 the Game-Changer Everyone’s Waiting For?

Jakarta, Pintu News – The price of Pi Coin (PI) may be depressed in the short term, but its community is preparing for a potential big surge ahead of the Pi2 Day celebration on June 28.

Although the token’s value is currently down to $0.55 – a 59% drop in a month and a 78.5% plunge from its February record high of $2.99 – hopes are growing that the Pi Network team will use the momentum of Tau Day to officially recognize the Global Consensus Value (GCV) of the token, which now stands at a fantastic $314,159.

If community support continues to strengthen and the team signals major developments, Pi Coin’s price predictions could change drastically – with investors optimistic of a sharp spike in the next few weeks.

Pi Network Price Drops 11.8% in 24 Hours

On June 13, 2025, the price of Pi Network (PI) was recorded at $0.5554, a decrease of 11.8% in the last 24 hours. If converted to the current rupiah ($1 = IDR 16,306), then 1 Pi Network is IDR 9,056.

Read also: Pi Network News: Social Media Domination Rising Again, But 340 Million Tokens Could Suppress Prices!

In the last 24 hours, the price of PI moved from its daily high of $0.6345 to a low of $0.494.

Pi Network’s 24-hour trading volume actually jumped to an impressive $219 million, showing that this high volatility attracted great attention from traders.

The current market capitalization stands at around $4.13 million, while the fully diluted valuation stands at over $6.36 billion.

Pi Coin Price Prediction: June 28 could be a turning point in Pi Network’s future

The GCV (Global Consensus Value) is the value believed by some in the Pi Network community and in some limited testing internally, with the figure of $314,159 being a clear homage to the Pi number of 3.14159.

As seen in social media posts, some members of the PI community are calling for the Pi Network core team to “recognize GCV as the true value of PiCoin.”

However, the chances of this actually happening are slim, for several reasons.

First, it’s hard to imagine that the Pi Network team’s recognition of GCV will have a significant impact – as recognition alone is not enough to noticeably change PI’s market price.

Second, the total supply of PI is 100 billion coins. If the value really reaches $314,159 per coin, then its market capitalization will reach $314,159,000,000,000,000,000 (314.159 quadrillion dollars).

That’s 314 quadrillion dollars, which is more than 2,900 times the world’s current Gross Domestic Product (GDP) of just $106 trillion.

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According to Crypto News, Pi Coin’s current price condition is still very weak and in an oversold position, although this could be an early signal of a potential recovery.

The RSI indicator (purple color) has been below the 50 mark since mid-May, and the 30-period moving average (orange color) has also been well below the 200-period average (blue color) over the past few months.

Having said that, there is a chance of recovery, and the Pi Coin price is expected to return to the $1 mark in July, especially if market conditions continue to improve.

If PI manages to get listed on a major exchange such as Binance or Coinbase, the price of the coin could potentially break through that level and possibly even touch $3.14 by the end of the year – but it’s still highly unrealistic to reach the $314,159 mark.

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*Disclaimer

This content aims to enrich readers’ information. Pintu collects this information from various relevant sources and is not influenced by outside parties. Note that an asset’s past performance does not determine its projected future performance. Crypto trading activities have high risk and volatility, always do your own research and use cold cash before investing. All activities of buying and selling bitcoin and other crypto asset investments are the responsibility of the reader.

Reference:

• Crypto News. Pi Coin Price Prediction: June 28 Could Change the Future of Pi Network – Here’s Why. Accessed on June 13, 2025