Pi Coin Price Prediction: June 28 Could Change the Future of Pi Network – Here’s WhyThe price of Pi Coin (PI) may be low in the short term, but its community is preparing for a potentially explosive change before Pi Day on June 28. Although the token price has dropped to $0.6414 today — down 59% in a month and 78.5% from its all-time high of $2.99 in February — there is hope that the Pi Network team will use Tau Day to officially recognize the Global Consensus Value (GCV) of this token, currently at a staggering $314.159. If community momentum increases and the team discovers significant developments, the Pi Coin price prediction could change dramatically — with optimists predicting the price will recover strongly in the coming weeks.Pi Coin Price Prediction: June 28 Could Change the Future of Pi Network – Here’s WhyGSV is the price that PI has adopted in certain segments of the Pi Network community and private trials, with the price of $314.159 clearly intended to honor the number Pi, or 3.14159. As the tweet below illustrates, some members of the PI community are calling for the core PI team to “recognize GCV as the true value of PiCoin.”However, it seems that this possibility may never happen for many reasons. First, it’s hard to see what the Pi Network team 'recognizing' GSV would actually achieve, as mere recognition alone is unlikely to be enough to change the market price of PI. Second, PI has a total supply of 100 billion PI, meaning that a price of $314.159 would equate to a market capitalization of $314,159,000,000,000,000. That figure is $314.159 trillion, over 2,900 times greater than the current total global GDP of $106 trillion. We will let readers assess how feasible this is.Regarding the current price movement of Pi Coin, the chart shows that the coin is in a very weak and oversold position, although this could signal an upcoming recovery. The RSI (purple) has been below 50 since mid-May, while the 30-day moving average (orange) has also been much lower than the 200-day moving average (blue) for several months.Therefore, a recovery is necessary, as the price of Pi Coin could potentially return to $1 in July, especially if market conditions continue to improve. And if PI can attract new listings from major exchanges (e.g., Binance, Coinbase), it could certainly surpass this level, potentially reaching $3.14 by the end of the year, but not $314.159.