Pi Network (PI) price jumped 12% in the last 24 hours, rising from $0.5308 to $0.6005 after weeks of decline. This happened as people expect a big announcement on June 28, Pi2Day, where the team may reveal GenAI features. The news has brought fresh interest, with daily trading volume up 11%. But investors are still cautious because in July, 268.4 million PI tokens will be unlocked, which could hurt the price. Pi has already fallen 70% since May and is 82% below its all-time high. Without real progress, this rise might not last, and another price drop could follow if June 28 disappoints.
