Pi Network (PI) Price Prediction After June 28th: Bearish or Bullish?

Jakarta, Pintu News – Pi Coin is currently under pressure, with its price struggling below $0.60. With the upcoming token unlock and an important update on June 28 known as Pi Day, the market may see significant price movement. Will Pi Coin reach $10 or will it plummet below $0.40?

Current Price Movement and Driving Factors

Pi Coin is now trading at $0.5423, having increased by 0.9% in the last 24 hours. The Pi Core Team recently provided a 100-day update since the launch of the Open Network, which gave a slight boost to Pi Coin’s price after its recent price struggles.

Despite the update, Pi is still down over 12% this week and almost 29% this month. Most technical indicators are showing bearish signals, with the price consolidating within a symmetrical triangle between $0.54 and $0.74.

A break above $0.74 with a successful retest could trigger a major rally. However, the exchange’s rising wallet balance suggests that investors may be preparing to sell, and a large number of tokens due to hit the market in June and July could add pressure to Pi’s already struggling price.

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Token Unlocking Risk and Selling Pressure

Risk remains high ahead of large token unlocks in June and July. The rise in wallet balances on exchanges suggests that many investors may be preparing for a major sell-off. If this happens, increased selling pressure could push the Pi price even lower.

This large token unlock is expected to flood the market with Pi Coin, which could drive down the price if demand is not strong enough to absorb the additional supply. This is a critical time for Pi, as the current price is already under pressure.

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June 28th: Determination Day for Pi Coin

The community is eagerly awaiting Pi Day on June 28, where key updates are expected. Most notably, all eyes are on the GCV (Grand Community Vision), which is a community-driven idea with the value of 1 Pi at $314,159. If the Pi Core Team announces a major open network or discusses GCV, this could trigger major price action.

However, if there are no significant updates, this could trigger a massive sell-off and loss of confidence, with many users losing interest. Market analysts have predicted that without a major update, Pi could fall to $0.40 by August.

Conclusion

With all the risks and potentials at hand, the Pi Coin market is at a tipping point. The decision that will be announced on June 28 will largely determine the future direction of Pi. Will Pi become a new star in the crypto world or will it suffer a further decline?

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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. Pi Coin Price Prediction After June 28. Accessed on June 24, 2025.
• Featured Image: Coin Central