Pi Coin jumps 14% in 24 hours, with trading volume soaring 66% to $200M as Pi2Day event on June 28 sparks bullish momentum.
Pi Coin, the native cryptocurrency of Pi Network, has experienced a 14% increase in the past 24 hours and has now reached $0.63. The cryptocurrency is experiencing a 66% increase in daily trading volumes, which have now reached $200 million, as the Pi2Day event on June 28 approaches. According to market experts, the Pi Core team is expected to make some announcements, and the momentum is being fueled by new tools such as Pi Ventures and KYC Sync.
The Pi Network Coin is experiencing significant momentum
Pi Network coin has experienced substantial growth in the past two days, surpassing its $0.47 low from earlier this week by more than 30%. Just a few days before the Pi2Day event on June 28, the bullish sentiment returns.
The Pi Core team celebrates Pi2Day annually on June 28, which is the midpoint of the year. The mathematical constant Pi (π ≈ 3.14) and its multiple, 2π (≈ 6.28), symbolically inspired the date. The release of the new KYC Sync feature is the most significant development everyone anticipates.
This update facilitates the synchronization of identity verification data by integrating the Pi Browser with the primary Pi App. Millions of users anticipating an updated KYC status can now finalize their migration to the open Mainnet. This development will also result in a substantial increase in Mainnet activity in the wake of Pi2Day.
The event offers the Core Team the chance to demonstrate ecosystem updates, user growth, and significant infrastructural accomplishments, all while mobilizing a global user base that has now surpassed 47 million participants.
Pi2Day 2025: Open Mainnet Gains Momentum
- The second phase of KYC was implemented, facilitating the expansion of user access to China, Africa, and LATAM.
- The incorporation of GenAI was suggested in the wake of Nicolas Kokkalis’ participation in the Consensus 2025 AI panel.
- The effective conclusion of the .pi Domains Auction resulted in the submission of over 200,000 bids for 95,000 domains.
Is it possible for Pi Coin to experience a rally similar to May, which reached $1.64?
The Pi Coin price has concluded its seven-week consolidation period amid the recent upward movement, indicating that a significant trend reversal is currently in progress. Before the $100 million Pi Ventures announcement last month in May, the Pi Coin experienced a comparable rally to $1.64.
Nevertheless, the Pi Network coin has fluctuated sideways since then, reaching a low of $0.47 earlier this week. This time, analysts are again anticipating a rally that surpasses $1, following the recent surge in momentum. A robust rally may be expected if the Pi Core team makes a significant announcement regarding GenAI.
