Before the 'Pi Day' event, where the Pi Network team is expected to announce new initiatives regarding the ecosystem, the price of Pi coin has increased by 2.6% in the last week.
Recently, the Pi Core team shared information about the topics that will be discussed at the event to be held on June 28. The team specifically highlighted Dr. Nicolas Kokkalis’s presentation at Consensus 2025.
Consensus is known as an important event organized by CoinDesk that addresses the future of cryptocurrencies and Web3 projects. Following these developments, users began to speculate that Pi would collaborate with Google. In particular, a user named PiGlobal314 on X (formerly Twitter) claimed that the visual in Pi's last post resembled the logo of Google’s artificial intelligence platform, Gemini.
With the rumors spreading on social media, the price of Pi token has experienced a rapid increase of 38%. If an official partnership is announced between Pi Network and Google, a stronger rise in the price of Pi coin could be observed. So, how much could the price of Pi coin increase in such an announcement?
Pi Coin Price Analysis: Strong Support at $0.56 Level
Looking at Pi's 4-hour charts, it is observed that the token has risen above the 200-day EMA line. Despite strong selling pressure encountered around $0.67, the upward breakout indicates that the price trend has shifted from a decline to an increase.
Pi coin has caught solid support at the $0.56 level and could initiate a new upward wave with a bounce from this point.
If the speculation within the community turns out to be true, the price of Pi coin may rise to $0.70 or higher. Especially, a partnership between Pi Network and Google will greatly enhance the project's reputation.
In the event of such a development, it is expected that the price of Pi coin could rise to the level of 1 dollar.
On the other hand, some analysts believe that established and high-volume cryptocurrencies like Bitcoin (BTC) may perform better compared to smaller scale projects like Pi.
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