Pi Network Holds at $0.54 — Is a Major GCV Reveal Just Days Away? Core Team Hints at Big News!

Jakarta, Pintu News – June 28, 2025 is expected to be a big day for the Pi Network community. This day is known as the “Day of Great Expectations,” where millions of Pioneers hope that the Pi Core Team will finally make a statement regarding the Global Consensus Value (GCV) and recognize it as the true value of PiCoin.

GCV supporters pushed for a value of $314,159 per Pi as a symbol of trust, unity, and faith in the project.

Although the Core Team has not formally endorsed this value, GCV has been widely promoted through various events, particularly in the Asia and Africa region.

Pi Network price rises 0.7% in 24 hours

On June 20, 2025, the price of Pi Network (PI) was recorded at $0.5409, having risen slightly by 0.7% in the last 24 hours. If converted to the current rupiah ($1 = IDR 16,396), then 1 Pi Network is IDR 8,869.

Read also: Bitcoin Stalls at $104K—But Sentiment Hits Rock Bottom: Are the Bulls Losing the Fight?

At the same time, the PI to Bitcoin exchange rate also strengthened by 1.0%, equivalent to 0.00005171 BTC per PI.

The price range over the past 24 hours shows moderate volatility, with the lowest price at $0.5245 and the highest at $0.5438. Although fluctuations occur, PI seems to be starting to stabilize the uptrend in the short term.

Pi Network’s market capitalization currently stands at $4.04 billion, while its fully diluted valuation stands at a fantastic $6.22 trillion. PI trading is also fairly active, with transaction volume in the last 24 hours reaching $60.22 million.

Community-Led Vision

GCV (Global Consensus Value) is a value set by the community, not by an exchange or market price. More than 6 million small transactions on the blockchain show that many people are already using this value in real trading.

A recent poll shows that 99.1% of users support GCV. They argue that while the Core Team handles technical aspects such as the Mainnet and KYC, the real value of Pi comes from the day-to-day use by its users.

According to its supporters, if the Pi Core Team adopts GCV, it doesn’t mean they should set a fixed price on the exchange. Since GCV is meant to be community-driven, the Core Team can simply focus on building the ecosystem and encouraging real-world use of Pi.

However, critics argue that GCV is only symbolic and unrealistic, and its true value will only be seen once the open mainnet is launched.

Analysts like Dr. Altcoin warned that without a major update-including discussion of GCV-the token’s price could drop back to $0.40. Conversely, even a small update or roadmap announcement could boost the price and community spirit.

Can GCV Change the Situation?

Pi Coin has been having a rough time lately, with a 24% drop in the past month and over 80% off its all-time high.

Read also: Is Pi Network Crashing to a New Low — or Gearing Up for a Massive Comeback?

With more and more tokens being released to the market and no major news yet, the pressure on the project is mounting.

Ahead of the much-anticipated mainnet launch, updates regarding GCV, tools for merchants, or mainnet news could change the way the public views the project and its future value.

If the Core Team remains silent, the impact could be very serious. It could trigger a massive sell-off and make users lose interest.

The community demanded that the Pi Core Team officially recognize GCV as a form of appreciation for the millions of users who have supported the project over the years.

In addition, a leading news account Pi Network also expressed its disappointment, that if the Pi2Day celebration only brings features like Pi Domains without any other major updates, many users will feel disappointed.

They urged the Core Team to roll out long-promised features such as smart contracts, instead of continuing to delay announcements for years.

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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:

• Coinpedia. Big Day for Pi Network: Will the Core Team Break Silence on GCV This June 28? Accessed on June 20, 2025