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Gate Square New & Returning Creator Rewards are ongoing!
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Pi Network ⚡
#PI On June 6, 2025, the price of Pi coin was $0.65, with a 24-hour high of 4.73 yuan, a low of 4.64 yuan, a trading volume of 107 million, a transaction amount of 498 million, and a turnover rate of 1.46%.
Judging from the trend, the price of Pi Coin has fluctuated sharply recently. It peaked at around $3 in February, and then plummeted in the spring. In early May, it rose from about $0.60 to around $1.70 on rumors of an update, but the gains quickly faded and returned to around $0.65-$0.70 in late May. As of early June, it was trading around $0.68, down about 75% from its February highs, and is currently trading at key resistance levels.
In June, the Pi Network plans to unlock 276 million PI coins, which is valued at approximately $176 million based on market prices, potentially exacerbating selling pressure. Technical indicators show bearish signals, with a Relative Strength Index (RSI) of 40.49 and an Aroon Down of 86%, indicating strong downward momentum. If selling pressure intensifies, the price may drop to the historical low of $0.40, but if new demand recovers, it could rebound to $0.86.