Pi Network News: Will PI Coin Price Hit $5 or Crash on June 28
Pi Network News: Will Pi Coin Price Hit $5 Despite Crash Prediction
The Pi Network recently completed 100 days since its Open Network launch on February 20, 2025. But instead of growth, the project is seeing a downfall. The network price dropped by 16% in just a week. As of now, the Pi coin price today is around $0.5038 after a small 0.78% dip, according to CoinMarketCap. Over the past month, the coin has crashed by more than 37%. This has left many users and investors worried.
Pi coin price
Source: CoinMarketCap
Even though it had hit its all-time high of $2.98 on February 26, it also reached a painful low of $0.4012 on April 5. Now, the big question is—why it is dropping today, and will it rise again?
Why Is Pi Coin Dropping Today? Major Struggles Unfold
Iran-Israel War Impact: The crypto market is bleeding due to the Iran-Israel war. Even strong coins like Bitcoin, Ethereum, and Solana have dropped. The global crypto market cap fell by 1.26% in the past 24 hours to $3.1 trillion. The network being a weaker project, was affected harder—falling from $0.60 to $0.50 in just a week.
Dr Altcoin's Prediction Turned True: A known analyst, Dr Altcoin, earlier said the Token might fall to $0.40 unless the team becomes transparent. That prediction came true when the coin touched $0.40 on June 13 and $0.47 on June 22.
Dr Altcoin's Prediction
Source: X
The community is scared that if it drops below $0.40 again, people will start leaving the platform.
Trust Issues and Password Leak: A new issue has created panic. PiChain Global has confirmed that there was a password leak in the Browser, risking user data. The platform has asked users to bind their emails to protect their coin holdings. This event further broke community trust.
Will Pi Coin Surge Again? June 28 Hype Builds Up
Despite the fall, there is some hope building within the community. The upcoming Two Pi Day, on June 28, could be a game-changer. Here's why:
Big Reveal Expected: Dr Nicolas Kokkalis, co-founder of the Network, will speak at the Consensus 2025 on the same day. People believe a major update could be announced—possibly about the Pi network Binance listing speculations. Although both platforms have not confirmed anything, voting results showed community support for a listing.
Ecosystem Growth: According to Dr Nicolas, the project is slowly growing in its current "Enclosed Mainnet" phase. With over 50 million active users, real apps and use cases are coming up.
Dr Nicolas Kokkalis prediction
Source: X
Dr Nicolas hinted that once the Network is listed and open to all, the true value of the Token will come out.
Pi Coin Price Prediction: Can It Hit $5?
As of now, the Coin price stands at approximately $0.5064, according to the 30-minute chart on OKX. The token recently bounced from a low of $0.45, and analysts believe that if it retests the $0.40 mark, it could form a double bottom—often considered a strong bullish reversal pattern. The Relative Strength Index (RSI) stands at 59, showing increased buying pressure, and the MACD indicator is crossing the signal line, suggesting a turn upwards.
Pi coin Price chart
Source: TradingView
In order to find a long-term rally, the price needs to stay above $0.40 and push past the resistance of $0.55 to $0.60. As long as it does so and with the backup of a large listing like that of Binance, the coin may sky-rocket.
Based on the latest price estimates, it could be worth $5 in the future with continued support from the community. In the best-case scenario by 2027, its price will range between $5 and $10, based on user adoption and overall crypto market trends.
Conclusion: Buy or Not?
Pi network news presents an imperfect picture. There are network problems—price drops, password attacks, and transparency issues on one hand. On the other, there is the upcoming two pi day and community expansion which offers the potential for a breakthrough. Will it hit $5? Perhaps, but only if the ecosystem is strengthened and the team does what the community desires.
Disclaimer: The article is for general information purposes only and is not any kind of financial advice. DYOR (Do Your Own Research) always before investing in any crypto currency or token.
