Pi Coin Targets $0.70 as Pi2Day Hype Triggers Bullish Surge

Pi Coin has surged 12.28% over the past 24 hours, hitting $0.6004 as excitement builds for Pi Network's annual Pi2Day celebration on June 28. Key updates expected include improvements to the KYC process, a mainnet progress roadmap, expansion of dApps, and integration of generative AI technology.

Rumors of potential listings on major centralized exchanges have added fuel to investor enthusiasm. The crypto community is watching closely as this event could mark a turning point for Pi Coin's market trajectory.

Technical analysis reveals strong bullish momentum, with PI breaking above the upper Bollinger Band at $0.5868 and reaching a 24-hour peak of $0.6083. The RSI jumped to 80.38, entering overbought territory for the first time in weeks - a clear sign of intense buying pressure.