$Pi Coin Eyes Rebound Ahead of Pi2 Day Despite Price Slump
Pi Coin (PI) has dropped to $0.6414 — down 59% in a month and over 78% from its February peak of $2.99 — but optimism is building ahead of Pi2 Day on June 28. The community hopes the Pi Network team will officially acknowledge the token’s Global Consensus Value (GCV), currently set at a symbolic $314,159.
While recognizing the GCV may not impact market price directly, bulls believe it could spark a sentiment shift and fuel a rally. Technically, PI looks oversold, and a rebound toward $1 in July is possible if momentum builds — especially with potential exchange listings.
Still, talk of a $314,159 valuation is far-fetched, given PI’s 100 billion supply would imply a $314 quadrillion market cap, dwarfing global GDP.
For risk-averse traders, newer presale tokens like Bitcoin Bull (BTCBULL) — which has raised $7M — may offer more realistic short-term upside.
