Ah, dear reader! Gather ’round as we delve into the curious case of Pi coin, which, as of this very moment, dances at a price of \$0.5423, a modest rise of 0.9% in the last 24 hours. The illustrious Pi Core Team has graced us with a 100-day update since the grand launch of the Open Network, bestowing upon Pi Coin a flicker of hope amidst its recent tribulations. 🎭
Yet, lo and behold! Despite this update, our dear Pi finds itself down over 12% this week and nearly 29% this month. Most technical indicators, those fickle friends, are waving their bearish flags. The price is caught in a symmetrical triangle, narrowing its embrace between \$0.54 and \$0.74. A breakout above \$0.74, with a successful retest, could lead to a rally worthy of a grand celebration! 🎉
Risks Ahead: Token Unlock & Sell Pressure
But wait! The shadows loom large. Exchange wallet balances are swelling, hinting that investors may be preparing for a sell-off feast. 🍽️ Moreover, a veritable horde of tokens is set to flood the market in June and July, which could further weigh down our beleaguered Pi’s price.
June 28: Make-or-Break Moment
As we approach the fabled Pi Day on June 28, the community holds its breath for key updates, particularly regarding the GCV, a whimsical notion valuing 1 Pi at \$314,159. Should the Core Team unveil the open mainnet or address the GCV, we might witness a price explosion! 💥 But should they choose silence, it may incite a mass exodus and a loss of faith, leaving many users in a state of disillusionment.
Will Pi Coin Rise to \$10 or Crash to \$0.40?
Our esteemed analyst, Mr. Spock, posits that a few clear updates on or before Pi Day could catapult Pi into the limelight, propelling it towards the \$5–\$10 range. 🚀
Right now, what Pi Network needs most is clear, public confirmation of its massive momentum. Just a few key updates before or on Pi2Day (June 28th, 2025) could light the spark that pushes 𝛑 toward mainstream recognition and that \$5–\$10 target. One Major Update Could Shift…
— Mr Spock 𝛑 (@MrSpockApe) June 18, 2025
Meanwhile, the ever-cautious Dr. Altcoin warns that without a significant update, Pi could plummet to \$0.40 by August. However, as token unlocks slow down by late August, the selling pressure may ease, allowing for a potential recovery. 🛠️
By the end of this week, Pi Coin is expected to waltz between \$0.60 and \$0.74, according to the oracle known as CoinDCX. A clean breakout and retest near \$0.74 could ignite a rally if sentiment improves ahead of Pi2Day. 💃
Pi Coin Outlook for Late June
If Pi manages to break above \$0.74, we could see a jubilant rally to \$0.85–\$0.90. But should it falter and fail to hold \$0.60, it may tumble toward \$0.52, especially if no grand updates or exchange listings grace us before the next token unlock on July 1. For most of July, Pi Coin is expected to trade between \$1.20–\$1.80, with volatility that would make even the most seasoned investor dizzy! 🎢
CoinCodex, in its infinite wisdom, predicts Pi Coin could dip to \$0.37–\$0.43 in the near term. Yet, as July unfolds, the trend may shift slightly positive, with prices hovering around \$0.40–\$0.43. By August, a slow recovery is anticipated, but who can say for certain in this grand theater of finance? 🎭
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2025-06-20 15:31