• The price of PI drops to under $0.70 and falls by 11% in one day, making investors hesitant due to increased market fluctuation.

  • On June 28, the community of Pi Networks may learn about a significant change or remain unsure about the future course.

  • Within the current range, the price is under pressure and $0.6622 is watched as support while $0.7722 serves as resistance.

Pi Network’s native token, PI, is undergoing a sharp downturn, with its price falling to $0.6795 as of the latest reports — marking an 11.6% decline in 24 hours. The drop has sparked a wave of concern within the project’s global community, many of whom now question whether this downturn signals a larger collapse or simply a market correction ahead of a potential shift.

Volatility Increases as Market Sentiment Wavers

Currently, PI is being traded between $0.6622 support and $0.7722 resistance, revealing that volatility has increased. Holders and experts seem to be uncertain about what will happen in the market. The sharp drop in the market has prompted the earliest cryptocurrency buyers, who are referred to as pioneers, to air their frustrations online, from being doubtful to very angry. This emotional response underlines a deeper tension: the gap between long-standing expectations and current market realities.

https://twitter.com/TodayCryptoRj/status/1923655776876310557

A significant update is expected in the project roadmap for June 28. Authorities have not yet released the specific details, yet rumors are growing, and some investors remain confident that important announcements will soon be made. At the same time, some critics say that placing too much emphasis on important events has often failed to keep company values rising for the long term. Depending on the situation, the date could play a big role or not matter much

Structural Weakness or Market Pressure?

Experts believe that the dip in the crypto market as a whole could be responsible for the token’s fall and not issues within the project. Since PI is neither officially priced yet nor traded on big platforms, people’s opinions about its worth are still speculative. Because of this uncertainty, prices can be very unstable, especially during times when altcoins are falling. On the other hand, because trading is not centralized, it becomes easier for sudden changes to occur.

Traders Watch Key Support Amid Ongoing PI Uncertainty

Although $0.7722 could be a short-term goal, traders are paying more attention to any risks if the support at $0.6622 gives way. Analysts are monitoring the number of trades and what people are saying about it to decide whether the decline in PI can end or if it may still fall longer. As there is still no clear direction, crypto holders find themselves deciding whether to hold on or transfer their funds to avoid additional losses. All the attention is fixed on the upcoming date, June 28.