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Cryptocurrency News Articles
Pi Network Attracts Attention Ahead of “Pi Day 2”
Jun 12, 2025 at 04:47 pm
Pi Network is attracting attention again. Talk on social media is booming
Jakarta, pintunews.com- Attention is turning back to Pi Network as interest in the crypto continues to heat up.
The discussion on social media is also getting hotter, which is evident from the increasing social dominance of the crypto. According to the latest data from LunarCrush, the social dominance of the Pi token has reached 0.276%.
This figure is the highest since May 21, 2025 and a significant increase from the lowest point this month, which was only 0.09%.
The increasing interest in Pi occurs ahead of "Pi Day 2" on June 28, 2025. This day will mark the culmination of a series of events, such as the .pi domain auction and Open Network PiFest, which could push up the price of the crypto even further.
As of Monday (6/11/2025) morning, the price of the Pi token is around $0.64, showing a decrease of about 2.35% over the last 12 hours and a decline of 0.97% over the past month.
The price of the Pi token is currently at an important support level. If the bearish pressure continues and the price of the Pi token breaks through this support level, it could continue to decrease.
According to data from Coineida (11/6), on the chart of the PI token, there is a triple-bottom pattern forming, which is a sign that a big price surge may be imminent.
If the price of the Pi token can rise above $0.80, there will most likely be a strong rally. However, some indicators are still showing negative numbers, and the trading volume continues to decrease.
If the price doesn't break $0.80, the downward trend could continue. Also, analysts are warning about the presence of bearish divergence, which means prices are rising but strength is falling—a sign of possible weakness.
One big update: Over 340 million Pi tokens will be unlocked in the next 30 days. This could lead to more people trading and using Pi, but it could also put pressure on the price.
Recently, 200 million Pi tokens were moved from liquidity reserves to new wallets, which sparked a discussion among crypto traders.
Some experts think this was a private "OTC" (over-the-counter) transaction, where a large number of tokens are traded off-exchange. This has also sparked talk about the possibility of large investors being involved.
Finally, there is the ongoing debate about Pi's dual value system. In the public markets, Pi is trading below $1. But within the network, the Global Consensus Value (GCV) is set at $314,159 per coin—yes, that’s right.
This huge discrepancy has sparked confusion and debate. However, on-chain data shows that real users are making transactions at those high GCV levels, meaning this model may indeed have real-world use.
That’s the latest information about crypto. Follow us on Google News to stay up-to-date on the world of crypto and blockchain technology.
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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.
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