🔁 Can Pi Coin Break $1 Again? Who Will Be Proven Right? Pi
CryptoPotato
Updated at: 4 hours ago
{"content":"🔁 Can Pi Coin Break $1 Again? Who Will Be Proven Right?
Pi Coin (PI) has been under pressure, losing over 32% in the last month and falling below its key support at $0.60, triggering concern among even its most loyal supporters. Community sentiment has soured due to the lack of updates and ecosystem growth from the Pi Core Team since the public mainnet launch.
All eyes are now on June 28, known as Two-Pi Day (Tau Day), a highly anticipated event where the team is expected to unveil new developments that could revive confidence. The stakes couldn’t be higher: failure to deliver may send Pi spiraling toward $0.40, as many fear.
Adding fuel to the fire, 263 million Pi tokens worth $143 million are set to be unlocked this month—one of the largest token releases until 2027. This could exert additional sell-side pressure unless offset by strong fundamentals or a bold roadmap.
Still, not all is lost. Technically, Pi has rebounded to test the $0.55 resistance, and a break above $0.57 could open the door for a push to $0.60. A golden cross between the 9 and 21-period EMAs also hints at bullish momentum returning.
If Pi Day delivers a major surprise—like partnerships, app integrations, or new token utility—$1 may not be out of reach. But without action, faith alone won’t fuel a rally.
#PiCoreTeam #PiNetwork #pi $SOL $ETH $BTC ","images":["https://d2kdcqywr8ua22.cloudfront.net/uploadfile/article/blog/2025062025/06/21/efca19fb3a024d178e0be15de79bb239.png"],"tags":[],"tradingPairs":["ETH/USDT"],"quotearticleid":0}