The PI community is preparing for what could be the biggest moment for the network. Pi2day is almost there, and the pioneers watch closely for the big announcements. This event could be the Spark Pi part that the room needs to burst.
Google is looking for “Pi2day” has increased and social media is running out of predictions. Although some expect major updates, others are not safe, especially after the recent decrease of 17% of $ 0.50. Critics warn that without real and functional updates, the price could drop more.
The main team should announce key features such as KYC SYNC, MAINNET PROGRAGE, GENAI TOOLS, DAPPS and even the domains .PI. The community also expects major registration announcements, which could increase its adoption and price.
Pi Coin loses steam after the recent rally
In the midst of the excitement of the Pi day, Pi Coin recently jumped from 12 to 18% and reached around $ 0.61 to $ 0.63. It was also the most trendy room on Coingecko and CoinmarketCap. But he dropped 11% yesterday and is now negotiated at $ 0.553, down 4.7% in the last 24 hours.
The price has now returned to a key range between $ 0.50 and $ 0.56, showing signs of weakness. If buyers are not soon, it could fall to $ 0.50.
Pi Coin is unlikely to fall below $ 0.40
The analyst, Dr. Altcoin, shared that PI had an average of $ 0.60 in the last 3 months. He says it shows his regular and organic growth rather than the tips focused on the overhaul. With $ 100 million in Network Ventures PI funding feeding real development, it expects Pi to gradually increase.
Unless a major announcement drops this week, a big price is unlikely. However, the point to remember positive is that PI should hold above its lowest of all time of $ 0.40.
According to Coindcx, volatility should resume as June approaches his end. If PI moved above the resistance level of $ 0.74, it could reach the range from $ 0.85 to $ 0.90. But if the support of $ 0.60 fails, in particular in the absence of updates or advertisements of major exchanges, the price could fold to $ 0.52.
In July, he expects an upward perspective, but he may have trouble recovering $ 1. Pi Coin could remain between $ 1.20 and $ 1.50 for most of the month.
