{"id":3990,"date":"2025-06-25T11:13:02","date_gmt":"2025-06-25T11:13:02","guid":{"rendered":"https:\/\/bitunikey.com\/news\/pi-network-price-is-up-18-is-a-correction-on-the-horizon\/"},"modified":"2025-06-25T11:13:09","modified_gmt":"2025-06-25T11:13:09","slug":"pi-network-price-is-up-18-is-a-correction-on-the-horizon","status":"publish","type":"post","link":"https:\/\/bitunikey.com\/news\/pi-network-price-is-up-18-is-a-correction-on-the-horizon\/","title":{"rendered":"Pi Network price is up 18%, is a correction on the horizon?"},"content":{"rendered":"
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The Pi Network token is on the rise, spiking by nearly 20% in the past 24 hours. However, analysts warn of bullish indicators in the market that could lead to a potential price drop.<\/p>\n

According to data from crypto.news, the Pi (PI) network\u2019s token has surged by 18.46% in the past 24 hours. It is currently trading hands at a peak price of $0.63. This marks the highest point in a slow-moving rally that started a few days ago. In the past week, the network\u2019s token has seen a rise of 14%.<\/p>\n

The recent spike in Pi price has led to a boost in daily trading volume by more than 35% compared to the previous day. The token\u2019s trading volume currently stands at more than $186 million.<\/p>\n

Meanwhile, its market cap has seen a 19.06% increase after the price surge. Its market cap currently stands at $4.74 billion.<\/p>\n

The recent surge in pricing may be due to the upcoming<\/a> generative AI features previously teased by the project\u2019s core team. In a post shared on June 21, Pi Network teased a reveal for the upcoming Pi2Day event on June 28.<\/p>\n

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Price chart for Pi Network\u2019s token in the past few days, June 25, 2025 | Source: crypto.news <\/figcaption><\/figure>\n

<\/p>\n

\u201cHow is GenAI related to Pi Network? Why did one of two Pi Founders, Nicolas Kokkalis, participate in a GenAI panel at Consensus 2025? Answer on Pi2Day (6.28.2025),\u201d wrote the account.<\/p>\n

Is a Pi Network correction coming?<\/h2>\n

However, many analysts warn of a potential incoming correction<\/a> that could stop the rally in its tracks. Market indicators point to technical indicators and hype cycles that are currently fueling the rally, unfortunately it might be short-lived.<\/p>\n

In July, the core team is planning to unlock over 268 million PI tokens, which is the largest monthly release until 2027. This token drop could lead to a pressure in the price, due to the increased token circulation. <\/p>\n

Not only that, some analysts note that bullish indicators, such as MACD and RSI, are showing signs of weakening. Some traders have recognized key resistance levels that could trigger a slide toward the next support, which could drag the price down to a range of $0.57 to $0.60.<\/p>\n

As previously reported by crypto.news, the Pi Network\u2019s was able to bounce back by 5% earlier this week after falling 70% from the previous high. The token was able to climb up from a daily low of $0.5126 to as high as $0.552.<\/p>\n

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\n Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. <\/p>\n<\/p><\/div>\n

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