Pi Coin Price Volatile Ahead of Pi2Day Announcements

The Pi community is on the edge of its seat as Pi2Day approaches, with pioneers eagerly awaiting significant announcements that could propel the Pi Coin to new heights. The event, just two days away, is anticipated to bring key updates that could spark a breakthrough for the network. Google searches for “Pi2Day” have surged, and social media platforms are abuzz with predictions and speculations. While some enthusiasts expect major updates, others remain cautious, especially after the recent 17% drop in Pi Coin's price below $0.50. Critics warn that without substantial, functional updates, the price could continue to decline.

The Core team is expected to unveil several key features during Pi2Day, including KYC Sync, mainnet progress, GenAI tools, dApps, and even .pi domains. The community is also hoping for major listing announcements, which could significantly boost adoption and price. Amidst the excitement surrounding Pi2Day, Pi Coin recently experienced a surge, jumping 12-18% to reach around $0.61-$0.63. It was also the top trending coin on major cryptocurrency platforms. However, it dropped 11% the following day and is now trading at $0.553, down 4.7% in the last 24 hours. The price has returned to a key range between $0.50–$0.56, showing signs of weakness. If buyers do not step up soon, it could fall back to the $0.50 support level.

Analyst Dr. Altcoin shared insights that Pi has averaged around $0.60 over the past three months, indicating steady, organic growth rather than hype-driven spikes. With $100 million in funding from Pi Network Ventures fueling real development, he expects Pi to rise gradually. Unless a major announcement is made this week, a significant price move is unlikely. However, the positive takeaway is that Pi is expected to hold above its all-time low of $0.40. Volatility is expected to pick up as June nears its end. If Pi breaks above the $0.74 resistance level, it could rise to the $0.85–$0.90 range. But if the $0.60 support fails, especially in the absence of major updates or exchange listings, the price could fall back toward $0.52. In July, a bullish outlook is expected, but it may struggle to reclaim $1. Pi Coin could stay between $1.20 and $1.50 for most of the month.

Pi Network's price has experienced significant fluctuations in the lead-up to Pi2Day, with a notable 11% drop to $0.56 ahead of the event. This volatility has been driven by uncertainty surrounding a major AI announcement scheduled for the event. Despite this, the network has seen a resurgence in bullish sentiment, with a 15.8% price increase to $0.615 following a month-long slump. This surge in price has been attributed to growing anticipation and speculation about the upcoming AI integration, which was hinted at by one of the Pi Network founders, Nicolas Kokkalis, during his participation in a GenAI panel at Consensus 2025.

Analysts have been divided in their predictions for Pi Network's price trajectory. Some experts suggest that the price could reach and test the $0.80–$1 range by mid-July, driven by increasing adoption and attention. Others caution that the price could face significant sell pressure in July due to the unlocking of 282 million PI tokens, valued at approximately $171 million. This unlocking, which is four times larger than the previous month's unlock, could create a substantial amount of sell pressure, potentially offsetting the bullish momentum. Despite these challenges, there is optimism among some analysts that the upcoming AI announcement on Pi2Day could catalyze a parabolic run for Pi Network. The integration of Generative AI features into the project has been rumored, and many traders are confident that this development could drive the price towards the $1 mark. The Relative Strength Index (RSI) for Pi Network currently stands at 49.4, indicating a neutral zone and a decline in selling pressure. This, coupled with a potential double bottom pattern forming on the one-week chart, suggests that Pi Network could be poised for a bullish continuation in the short term.

However, it is crucial for Pi Network to maintain its price above $0.49, representing both the weekly low and a strong support zone. If the price can hold above this level, it could signal a bullish continuation and potentially reach the $1 mark. The upcoming AI announcement on Pi2Day is expected to generate significant hype and could be a pivotal moment for the network's price trajectory. As the event approaches, investors and traders alike are eagerly awaiting the outcome, hoping that the integration of AI features will drive the price towards new heights.