Pi Coin at Critical Crossroads Ahead of June 28 Token Unlock Event
Pi Coin is currently trading at $0.5423, showing a modest 0.9% gain despite bearish technical indicators. The project's recent 100-day Open Network update failed to counteract a 29% monthly decline, with prices confined to a narrowing $0.54-$0.74 range.
Growing exchange wallet activity suggests increasing sell pressure as June-July token unlocks approach. The June 28 Pi Day event stands as a decisive moment—potentially sparking a breakout with confirmed mainnet advancements or triggering further declines if developers don't address the $314,159 GCV proposal.