#Pi

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𝙒𝙞𝙡𝙡 𝙋𝙞 𝘾𝙤𝙞𝙣 𝙍𝙖𝙡𝙡𝙮 𝙍𝙚𝙫𝙞𝙫𝙚 𝘽𝙚𝙛𝙤𝙧𝙚 𝙋𝙞2𝘿𝙖𝙮 𝘼𝙨 𝙋𝙞 𝘽𝙧𝙤𝙬𝙨𝙚𝙧 𝙂𝙚𝙩𝙨 𝙉𝙚𝙬 𝙁𝙚𝙖𝙩𝙪𝙧𝙚

The Pi Coin rally has faded following strong rejection at $0.65, as the price has crashed 9% in the last 24 hours, coming back to $0.55. The volatility comes ahead of Pi2Day on June 28, as the Pi Network community excitement brews with the Pi core team expected to introduce new features like KYC Sync. Furthermore, the Pi Browser has a new feature towards greater decentralization, allowing users with “Full Account Management”.

Pi Coin, the native cryptocurrency of Pi Network, has come under selling pressure after major rejection at $0.65. After the Pi token rally, which went from $0.47 to $0.65, bulls seem to be losing the edge to drive a rally beyond $1. As of now, the Pi Network coin is rallying 8% down at $0.54, with its daily trading volume collapsing by nearly 50% to $167 million.

This shows that investors remain cautious ahead of the major Pi Network event. The most-awaited announcement by the community at the Pi2Day event on June 28 will be the KYC Sync feature, which will allow the Pi App to integrate with the Pi Browser, thereby eliminating complaints from users regarding improper KYC.

This is a very crucial development as millions of users are awaiting updated KYC status can now proceed with their migration to the open Mainnet.

As a result of this development, Pi Network participants will be able to experience a seamless Web3 experience. Additionally, the Pi Core team has also teased GenAI integration with founder Nicolas Kokkalis attending the GenAI panel at Consensus 2025, earlier this week.

Earlier this week, the Pi Coin price gave a strong breakout from the falling-wedge pattern, with Pi token ending a 7-week of consolidation. However, with the recent sell-off in Pi Token, $0.52 will be an important support to watch; breaking underneath it could nullify chances of a further rally.