sohaibsam007

🚀 Here’s Why June 17 Can Change Things For $XRP and Ripple

A big XRP ETF decision is due tomorrow (June 17). With Ripple pushing for a legal settlement and the SEC set to decide on Franklin Templeton’s ETF filing, XRP could be ready for a parabolic move if things move in its favour.

🔸 XRP ETF Approval Odds Strong at 88%

The deadlines are nearing for spot XRP ETF filings from Grayscale, Franklin Templeton, and Bitwise. The odds on Polymarket for a spot XRP ETF approval surged to 98% in June and have slightly dipped to 88% this week.

The SEC is expected to announce its decision on Franklin Templeton’s spot XRP ETF tomorrow, on June 17, which could be a major turning point for XRP and the broader crypto market.

💬 BREAKING: FRANKLIN TEMPLETON SPOT #XRP ETF DECISION COMING TOMORROW.89% CHANCE IT’S A YES!— STEPH IS CRYPTO (@Steph_iscrypto) June 16, 2025

🔸 Another Delay?

Bloomberg analysts now predict an 85% chance for XRP ETF approval this year. Top firms like Bitwise, CoinShares, and Grayscale are also waiting for approvals. Grayscale’s XRP ETF decision is likely due by October 18, while ProShares has requested a final decision by June 25. If approved, the SEC won’t be able to delay ProShares’ ETF beyond that date.

Bloomberg ETF analyst James Seyffart says the recent XRP ETF delays are normal, not surprising. The SEC usually takes the full review period, with most final decisions expected in October. He also said that even with a crypto-friendly SEC, early approvals would be “out of the norm”.

🔸 XRP ETF Approval Hinges on Key Legal Updates

Nate Geraci, the President of Crypto ETF Store, explained how Crypto ETFs are evolving fast with staking, in-kind redemptions, and altcoin ETFs on the way.

Ripple and the SEC filed a second joint motion on June 12, asking Judge Torres to lift the XRP sales ban to institutions and reduce the $125M fine. Legal experts are watching closely.

While some believe that Judge Torres could approve the motion by June 19, others remain cautious.
#Ripple

$XRP

Big move alert for retail investors! 🤯 Matthew Snider, CIO of Digital Wealth Partners, has dropped a major warning about $XRP . Here's what's happening:

🏦 Trident Digital, a Nasdaq-listed company, is planning a massive $500 million $XRP reserve through stock deals, pending regulatory approval.

🕵️‍♂️ But that's not all - other companies like Webus International, Wellgistics Health, and VivoPower are also accumulating XRP quietly.

📊 Why should you care? As institutions scoop up XRP, the public supply will dwindle, and prices might surge. Will retail investors get left behind?

💬 The community is buzzing:

🐾 Alpha Lions recommends starting with 1,000 $XRP .

👑 King Vale aims for 50,000 XRP.

🤨 Xena advises caution, citing different financial realities.

💡 Set your own XRP goals, but be aware of the institutional wave coming. Stay alert, stay informed, and make your move! 🚀

The date of the launch of the first spot-based XRP ETF in North America has been revealed
Purpose Investments has revealed that it will launch the first spot-based XRP exchange-traded fund (ETF) in North America on June 18. The novel product, which will offer investors direct access to the fourth-largest altcoin by market cap, will be available for trading on the Toronto Stock Exchange. The confirmation comes after it secured regulatory approval from the Ontario Securities Commission (OSC).

The first XRP ETF was launched in the US in April by Teucrium. The leveraged product offers twice the daily returns of the Ripple-linked token. Last month, Volatility Shares introduced the first futures XRP ETF that offers one-to-one exposure to the Ripple.

Pi Network on Fire! PI Coin Price Eyes 200% Boom
HOKANEWS.COM June 13, 2025

Pi Network’s PI Coin Eyes Major Breakout: Could a 200% Surge Be on the Horizon?

Pi Network’s native token, PI coin, is back under the spotlight as market watchers and crypto enthusiasts anticipate what could be one of the most remarkable comeback stories in the cryptocurrency sector this year. After a relatively quiet period, technical indicators suggest that PI coin may be on the verge of a powerful breakout — one that could see its value surge by as much as 200 percent. With optimism building across the crypto community, investors are asking: Could PI coin return to the coveted $2 mark?

A Sleeping Giant Stirring

Despite lagging behind other major cryptocurrencies during the broad market rally in June, Pi Network’s PI coin appears to be gathering strength for a potential breakout. The token has largely been trading sideways around the $0.63 mark since the final days of May, consolidating after previous price movements. But the quiet phase may soon give way to significant volatility.

Technical analysts have pointed to several key indicators that suggest the current consolidation could be the calm before the storm. The Bollinger Bands on PI’s chart have contracted to their tightest levels in months, a signal that has historically preceded explosive price moves. Similarly, the Average True Range (ATR), a measure of market volatility, shows a rare convergence with Bollinger Bands — a pattern that has often preceded sharp price swings in the cryptocurrency sector.

This type of market behavior was last seen in mid-May, when PI coin surged more than 175 percent to briefly touch $1.66. The similarity in technical setups between then and now has fueled speculation that another major price rally could be imminent.

#FOMCMeeting Social media was set on fire this week with claims that Elon Musk is planning to buy $50 billion worth of XRP, Ripple’s native cryptocurrency. The rumor, which originated from an X user named CryptoGeek, also claimed that Musk expects XRP to reach an eye-popping value of $600.37 per coin.“Elon Musk OFFERS to BUY XRP for $50 BILLION!! $600.37 per XRP,” read CryptoGeek’s viral post, which quickly gained traction among crypto enthusiasts, particularly within the ‘XRPArmy’.However, fact-checking has debunked the claim. Perplexity AI responded, “Hey there! That claim about Elon Musk offering to buy XRP for $50 billion doesn’t appear to be true.” The AI assistant added, “Fact-checking sources have confirmed this is a false rumor… with no official announcement coming from Elon Musk, Ripple, or X.”Adding to the speculation, CryptoGeek also alleged that Musk briefly posted “#XRP is looking quite promising” before deleting the message just 20 seconds later. He further claimed that Musk is “working on a global payments deal with Ripple.”But despite the buzz, no screenshot or archived copy of the alleged tweet has surfaced.

Even CryptoGeek failed to provide evidence. This has led many to believe the post may have never existed. “While there’s plenty of speculation, Musk has never officially endorsed XRP or announced a partnership,” Perplexity AI noted. “He has mostly focused on Dogecoin when discussing crypto.”

With the XRP community fueling speculation, analysts caution investors to remain skeptical of unverified social media posts. Until Musk or Ripple confirms any involvement, the rumor remains just an ‘unsubstantiated hype’.

2 Important Pi Network Updates for All Pioneers (PI Users, Devs, Investors)
What Are pi Domains?
Pi Network’s team described the .pi Domains Auction as a platform-level utility that “harnesses the collective resources of the Pi community and Open Network’s external connectivity to further Pi’s role in real-world commerce and digital interactions.”

It’s supposed to expand the Pi ecosystem through strong participation from Pioneers, businesses, and developers. According to the team, it has seen over 100,000 bids within less than a week after its announcement (and over 200,000 in total), which shows encouraging signs of adoption and real engagement.

.pi domains function similarly to traditional ones, acting as unique digital identifiers by enabling businesses, apps, and individuals to establish a clear online identity or digital storefront in a Web3 social network.

They are created to operate within and outside the Pi Browser, as other wallets and browsers have the option to integrate the feature over time, similar to how other crypto-based domains work. In terms of Chrome and Safari compatibility, all .pi domains will work through the ‘.pinet.com’ extension.
Recent Updates
The latest on the .pi Domains Auction included two main updates and some bonuses. The first is an interface dedicated to showing statistics in real-time. Users can view domains with the most bids, the highest price, and the most recent trending bids alongside other information. This allows them to review a transparent snapshot of how the Auction is progressing and where the highest activity is occurring.

The second update is the inclusion of .pi Domains Auction in the Pi App, following its initial release through the Pi Wallet, which enabled unique feature deployments, such as the stats page and email notifications.

Elon Musk to Buy $50 Billion in Ripple’s XRP: Fact Check
Social media was set on fire this week with claims that Elon Musk is planning to buy $50 billion worth of XRP, Ripple’s native cryptocurrency. The rumor, which originated from an X user named CryptoGeek, also claimed that Musk expects XRP to reach an eye-popping value of $600.37 per coin.
“Elon Musk OFFERS to BUY XRP for $50 BILLION!! $600.37 per XRP,” read CryptoGeek’s viral post, which quickly gained traction among crypto enthusiasts, particularly within the ‘XRPArmy’.However, fact-checking has debunked the claim. Perplexity AI responded, “Hey there! That claim about Elon Musk offering to buy XRP for $50 billion doesn’t appear to be true.” The AI assistant added, “Fact-checking sources have confirmed this is a false rumor… with no official announcement coming from Elon Musk, Ripple, or X.”Adding to the speculation, CryptoGeek also alleged that Musk briefly posted “#XRP is looking quite promising” before deleting the message just 20 seconds later. He further claimed that Musk is “working on a global payments deal with Ripple.”But despite the buzz, no screenshot or archived copy of the alleged tweet has surfaced.

Even CryptoGeek failed to provide evidence. This has led many to believe the post may have never existed. “While there’s plenty of speculation, Musk has never officially endorsed XRP or announced a partnership,” Perplexity AI noted. “He has mostly focused on Dogecoin when discussing crypto.”

With the XRP community fueling speculation, analysts caution investors to remain skeptical of unverified social media posts. Until Musk or Ripple confirms any involvement, the rumor remains just an ‘unsubstantiated hype’.
$XRP

#VietnamCryptoPolicy 🇻🇳 Vietnam’s Crypto Regulation is Taking Shape – A Game Changer for Southeast Asia?
Vietnam is stepping up its crypto game! 🚀 The government is working on a legal framework to regulate digital assets, with a goal to protect investors and encourage innovation. This move could position Vietnam as a crypto-friendly hub in Southeast Asia.
🔍 What’s happening:
The Ministry of Finance and State Bank of Vietnam are drafting clear policies.
Regulations will likely include AML/KYC standards, licensing of exchanges, and taxation rules.
Vietnam is already ranked top 10 in global crypto adoption, and this could boost it even further! 📈

XRP TO $10.000
The $XRP to $10,000 thesis is definitely one of the most ambitious projections circulating in the crypto space, and while it’s theoretically interesting, it comes with some major assumptions that need to be unpacked realistically:

🔍 Core Claim Summary:

• Pumpius proposes that XRP could reach $10,000 by:

• Capturing 10% of global forex (FX) volume (~$7.5 trillion/day),

• Handling tokenized RWAs (real-world assets),

• Managing 5% of global debt settlements,

• And achieving high transaction velocity, meaning the same XRP tokens are reused frequently in rapid transactions.

⸻

🧠 Reality Check: Market Cap Math

At $10,000 per XRP:

• With a supply of ~100 billion XRP, the market cap would be ~$1 quadrillion.

• This exceeds the total value of global GDP (~$105 trillion), global stock markets, real estate, and even all combined fiat currency.

Critics say this is unrealistic. And they have a point — such a valuation would surpass the total liquidity available globally.

#MetaplanetBTCPurchase

There’s something strange about Binance. Who else has noticed? 🤔
You buy when it’s red 🔻
You sell when it turns green ✅
You make a profit — but then it keeps going up 📈
Then the opposite happens…
You buy the dip, expecting a bounce.
You hold… but the market keeps falling 🕳️
You finally sell at a loss — and suddenly, it starts rising again 😐
Feels like the market is against you?
But here’s the truth:
It’s not Binance. It’s not a setup.
It’s your emotions vs. market psychology.
What you're really experiencing:
Fear during drops
FOMO during rallies
Impatience while waiting
Regret after acting
The market doesn’t know who you are — it just punishes emotional decisions.
🧠 Trade with a plan.
📊 Stick to your system.
💡 Let logic guide you, not panic.
You’re not alone. Most traders go through this.

Bitcoin News: Why Is Bitcoin Price Down Today? Rate Cut Doubts and Resistance Near $108K Pressure BTC
Key Takeaways:
Bitcoin is down ~2.1% in the past 24 hours, trading around $106,958 on Binance following resistance at $108K.

Fed rate cut expectations for June 18 are off the table, undermining bullish sentiment.

If Bitcoin loses the $106K support level, it could slide toward $100K.

Bitcoin Drops Below Key Resistance on Rate Cut Doubts
Bitcoin (BTC) has fallen approximately 2.1% over the last 24 hours, now trading at around $106,958 on Binance. The decline follows a failed breakout above $108,000, compounded by Federal Reserve signaling that it will not cut rates at its June 18 meeting.
Fed Hold Odds Spike After May CPI
The June 11 CPI report revealed inflation at 2.4% YoY (core at 2.8%), cooling but still above expectations. As a result, markets now see a 99.8% chance of the Fed keeping rates steady next week . With only two potential cuts penciled in for the rest of 2025—likely starting in September—crypto momentum has taken a hit.Investors Eye PPI Release
All eyes are now on the Producer Price Index (PPI) for June 12. Forecasts suggest a +0.2% MoM rise (core +0.3%). Any surprise could amplify price action, with historically strong reactions during this release.

Resistance Zone Remains Intact, RSI Weakens
Bitcoin continues to face stiff resistance between $108,800–112,000, unable to reclaim upside momentum. Technically, it's attempting a bull flag pattern, but the RSI has dropped to ~56, signaling weakening bullish energy.Key Technical Levels:
Support: $106,000 – A daily close below here threatens trend damage.

Resistance: $108,800–112,000 – Critical for regaining upward momentum.

Market Outlook: Analysts Weigh In
Michael van de Poppe, founder of MN Capital, emphasized caution on X:
$BTC

Pi Network’s Pi Network
pi
4.22%
Pi Network price action took a steep hit as it fell below the value area low and traded directly into a macro swing low support. However, this flush was met with immediate demand, leading to a sharp intraday recovery and a strong close back above high-timeframe support. The technical bounce was characterized by a prominent buying tail, a classic signature of value-based demand, now placing Pi in a potential reversal zone

Key technical points
Break Below Value Area Low: Price dipped under the VAL and found strong buy-side pressure at the swing low region.
Impressive Recovery Candle: The wick and close above support confirm aggressive market interest and demand.
Reclaiming the Value Area Low: Sustained closes above this level confirm validation of the demand zone.
Key Resistance at $0.65: Breaking this dynamic resistance would confirm a trend shift and open room for a move toward $0.80
The drop below the value area low initially looked like a breakdown, but Pi Network’s price quickly reversed after reaching a key swing low, a high-interest liquidity pocket. The strong buying tail formed on the candle reflects not only rejection of lower prices but also signals the presence of maximum value buyers stepping into the market.

Price has now closed back above the high-timeframe support and is showing signs of acceptance above the value area low. This reclaim is critical. From a market profile perspective, acceptance back above the value area low after a failed breakdown often signals a trap and provides high-probability long setups.

You might also like:
Bitcoin is oversold after Israeli strike on Iran: analyst
The next obstacle for bulls is clear: dynamic resistance near $0.65. A clean break above this level would shift short-term market structure into a higher high formation, signaling early-stage reversal potential after the sharp sell-off. If Pi Network can breach this resistance and sustain momentum, the next magnet will likely be the $0.80 level, aligning with the upper boundary of the trading range and value area high.

#TrumpBTCTreasury 🧢🇺🇸 Trump About to Add $BTC to the Treasury? LFG! 🚀💸
BREAKING: Daddy Donnie might HODL Bitcoin for America 🇺🇸🟠
You heard that right — Trump just hinted at stacking $BTC in the U.S. Treasury if he wins! 🐂📈
From “Make America Great Again” to “Make the Treasury a Wallet” 🧢💼
If that happens, Bitcoin won't just go to the moon… it’s heading to Air Force One. ✈️🌕
Imagine a red hat with “Buy the Dip” embroidered 😂
Maxis are howling. Bears are coping. And CT is melting. 🫠🔥

💥 Whale Moves 200 Million PI Tokens

A colossal transfer of 200 million PI tokens has caught the market’s attention. Analysts believe it could point to growing institutional interest via OTC channels, potentially marking the beginning of serious bullish accumulation. 🐳🔍

📅 Countdown to Pi2Day & Binance Speculation

As Pi2Day approaches on June 28, the community is buzzing with rumors of a Binance listing. Optimism is growing that this milestone could push PI above $1.20, setting the stage for a major rally. 📈🔥

Pi Network Whale Activity Sparks Market Buzz Ahead of Pi2Day

The Pi Network is making headlines again after a major whale transaction reignited investor interest. While PI currently trades at $0.6423, down 77.13% from its all-time high of $2.98, recent on-chain activity suggests a potential price rebound.

---

🔄 200 Million PI Tokens Transferred — What’s the Story?

A 200 million PI token transfer from a liquidity reserve to a private wallet has stirred speculation across the crypto space.

According to analyst Moon Jeff, this move likely represents an Over-the-Counter (OTC) deal — a method frequently used by institutional investors to avoid affecting market prices.

> “This kind of quiet accumulation usually signals strong confidence from big players,” Jeff posted on X.

---

🧠 Why This Move Matters

OTC transactions are typically executed by large investors outside of public exchanges. This points to strategic accumulation and potential institutional interest, even during Pi’s current consolidation phase.

📊 PI Price: A Rollercoaster Ride

Feb 20 (Launch): PI closed at $0.86

Feb 20–26: Spiked by **2,889.30%

Hidden Bitcoin Mine Found in Russian Truck
Utility engineers tracing an unexplained load spike opened the vehicle’s rear doors to find 95 mining rigs wired to a mobile transformer and illegally tapped into a 10-kilovolt feeder—enough juice to light an entire village. Two men linked to the operation sped off in an SUV before police arrived.
Local grid operator Buryatenergo says this is the sixth instance of electricity theft for crypto mining it has uncovered in 2025, and warns that makeshift connections are destabilizing rural distribution networks with brownouts and potential blackouts.
Regional rules already forbid mining for most of the winter—15 November through 15 March—while only licensed firms may operate in a handful of districts the rest of the year.
The crackdown mirrors nationwide restrictions. Moscow barred mining during peak-demand months in Dagestan, Chechnya, and occupied parts of eastern Ukraine last December, then slapped a year-round ban on Irkutsk in April—even though the province hosts BitRiver’s flagship data center, once prized for ultra-cheap hydroelectric power.
Illicit activity isn’t limited to stolen grid power. Security firm Kaspersky recently tied the hacker collective “Librarian Ghouls” to a cryptojacking campaign that hijacked hundreds of Russian PCs via booby-trapped email attachments, disabled Windows Defender, and quietly mined coins between 1 a.m. and 5 a.m. while siphoning passwords for later use. Together, the truck bust and stealthy malware spree highlight the growing cat-and-mouse battle between Russian authorities and a crypto underground hungry for free energy and quiet profits.
#Bitcoin - #CryptoNew s - #CardanoDebate - #IsraelIranConflict $BTC $ETH $BNB

XRP price prediction: Can ETF hype drive XRP to $27?
XRP has remained below $3 in 2025 but is on the verge of a breakout. Analysts suggest it could hit $27 if the SEC approves a spot ETF, with Polymarket estimating the odds at 87%. This optimism stems from the new SEC Chair’s crypto-friendly stance.

Ripple is also active, expanding its global payment network and seeking partnerships. CEO Brad Garlinghouse believes that, with US collaborations, XRP might surge once its lawsuit with the SEC concludes. However, competition is intensifying, particularly from Circle’s fast-growing payment network, which could challenge Ripple’s position if delays occur.

Moreover, on a realistic note, a $27 price tag translates to a $1.9 trillion market cap, which is ambitious, even for XRP. Although XRP has performed well over the yearly charts, rising by 350%, any rally it will embark on from now will depend not solely on charts but on what the SEC does next.

New platform bridges crypto and fiat with zero hassle or wallets
While XRP wrestles with regulators, a new project is already working on the ground floor, building a Pay-Fi platform that sends crypto directly to any bank account with no wallet required. That alone removes a massive barrier for everyday users and businesses trying to tap into blockchain finance.

It doesn’t charge any fees for currency conversion. If you spend $500, the recipient gets $500 no hidden cuts. For freelancers and remote workers, receiving international payments is a significant concern, but thanks to the newcomer, they don’t have to worry about not getting their full payouts.

For businesses, the platform offers a plug-and-play checkout system that accepts crypto and settles in fiat instantly. That means no more worrying about price volatility or waiting on slow exchanges. Just fast, clean settlement like Stripe, but with crypto flexibility..

write and earn reward this week
#Write2Earn #reward 17usdc #Binance

I Lost $4,000 in a P2P Scam — Here’s How It Happened (And What You Should NEVER Do) 💸😞
I’m sharing this with a heavy heart, but if it helps even one person avoid this trap, it’s worth every word.
🗓️ A Few Months Ago...
I listed USDT for sale on a P2P platform. A buyer reached out — he looked 100% legit:
✅ 97% completion rate
✅ Dozens of positive reviews
✅ Verified ID
Everything seemed in order.
He sent a payment receipt that looked flawless — complete with a transaction ID and timestamp. Without giving it a second thought, I clicked “Confirm Receipt” on the trade.
And then... I waited.
⏳ Minutes passed. Then hours.
But no money ever reached my account.
I contacted the bank — they told me no transfer was even initiated. I reached out to Binance, but since I had already confirmed the transaction, there was nothing they could do.
Tried messaging the buyer?
Blocked. Gone. Vanished like a ghost. 👻
💔 My Mistakes (So You Don’t Repeat Them):
✅ Trusted screenshots instead of bank confirmations
✅ Clicked “confirm” without verifying funds
✅ Ignored gut feeling just to close the deal quickly
🚨 What You MUST Do to Stay Safe in P2P Trading:
1️⃣ NEVER confirm a payment until the money is actually in your account. No exceptions.
2️⃣ Ignore screenshots — they’re easily faked. Trust your bank notifications, not flashy images.
3️⃣ If someone pressures you to hurry, that’s a major red flag. A legitimate buyer will never rush you.
I lost $4,000 just to save a few minutes.
💬 Be patient. Be paranoid. It could save you thousands.
Because in P2P, one mistake can cost you everything.
🛡️ Have you ever been scammed or narrowly avoided one?
Share your experience in the comments. Let’s protect each other in this space. 🙌
#CryptoLessons #ScamAlert #P2PTrading #StayAlert #USDT #BinanceP2P #CryptoSafetyTips

#CardanoDebate I Lost $4,000 in a P2P Scam — Here’s How It Happened (And What You Should NEVER Do) 💸😞
I’m sharing this with a heavy heart, but if it helps even one person avoid this trap, it’s worth every word.
🗓️ A Few Months Ago...
I listed USDT for sale on a P2P platform. A buyer reached out — he looked 100% legit:
✅ 97% completion rate
✅ Dozens of positive reviews
✅ Verified ID
Everything seemed in order.
He sent a payment receipt that looked flawless — complete with a transaction ID and timestamp. Without giving it a second thought, I clicked “Confirm Receipt” on the trade.
And then... I waited.
⏳ Minutes passed. Then hours.
But no money ever reached my account.
I contacted the bank — they told me no transfer was even initiated. I reached out to Binance, but since I had already confirmed the transaction, there was nothing they could do.
Tried messaging the buyer?
Blocked. Gone. Vanished like a ghost. 👻
💔 My Mistakes (So You Don’t Repeat Them):
✅ Trusted screenshots instead of bank confirmations
✅ Clicked “confirm” without verifying funds
✅ Ignored gut feeling just to close the deal quickly
🚨 What You MUST Do to Stay Safe in P2P Trading:
1️⃣ NEVER confirm a payment until the money is actually in your account. No exceptions.
2️⃣ Ignore screenshots — they’re easily faked. Trust your bank notifications, not flashy images.
3️⃣ If someone pressures you to hurry, that’s a major red flag. A legitimate buyer will never rush you.
I lost $4,000 just to save a few minutes.
💬 Be patient. Be paranoid. It could save you thousands.
Because in P2P, one mistake can cost you everything.
🛡️ Have you ever been scammed or narrowly avoided one?
Share your experience in the comments. Let’s protect each other in this space. 🙌
#CryptoLessons #ScamAlert #P2PTrading #StayAlert #USDT #BinanceP2P #CryptoSafetyTips

200M Pi Network Tokens Removed from Liquidity Reserve

The Pi community is now focused on June 28, known as Pi Day 2. It's a significant event when the Pi team typically provides milestones and updates.

A major transaction involving 2 million PI tokens recently took place on the Pi Network. These tokens were removed from a liquidity reserve and moved to a new wallet, sparking speculation across the crypto community. Moon Jeff, a popular crypto commentator on X has shared about this major movement. He believes this was an OTC (Over-the-Counter) purchase, where tokens are bought privately rather than through public exchanges.

This type of move indicates that someone probably purchased the tokens privately, not on public exchanges. Such moves tend to be perceived as bullish since they indicate that large investors are still stacking up PI tokens.At press time, the price of Pi coin (PI) is around $0.6418, showing a 1.78% increase in the last 24 hours. It has dropped around 40% over the last month and 1.6% over the past week. While the price hasn’t moved much, the token transfer might be adding some positive sentiment. However, Pi is still near its all-time low, and far away from the all-time high.

Analysts are divided. Jeff recently said, “Send $PI back to $1.2,” pointing to that price as a key resistance level. He believes if PI can break through that level, it could begin a strong comeback and possibly reach $2 in the future.

Not everyone agrees. Some commenters reacted sarcastically to Moon Jeff’s optimism, saying it’s unlikely PI will recover soon. Many feel investor confidence is low, and that the Pi core team needs to do more to regain trust.

The Pi community is now focused on June 28, known as Pi Day 2. It’s a significant event when the Pi team typically provides milestones and updates. Many users are expecting something big, such as a highly anticipated Binance listing.