Pi Network Price Today 6/12/2025
The price of Pi on the OKX exchange on June 12, 2025 is fluctuating around the price range from 0.627 USD to 0.6428 USD (equivalent to 16,320 VND to 16,730 VND). Thus, at the time of writing, the price of Pi on the OKX exchange decreased by 1.2% compared to yesterday, reaching 16,460 VND.
Pi Network is currently going through a difficult period with a clear downward price trend. In the past 7 days, Pi's price has decreased by 2.3%, and in 30 days, it has decreased by 51%. Since mid-May, Pi's price has been trading below $1, causing the market to fall into a sideways state, creating a cautious sentiment among investors. Some believe that Pi is undervalued, but there are also doubts about the long-term viability of the project.
3 New Tokens Announced by Coinbase
Coinbase has just announced the listing of three new tokens from 9am ( Pacific time) on June 12, 2025: PancakeSwap (CAKE), Subsquid (SQD), and Fartcoin, attracting great attention in the market.
PancakeSwap (CAKE): DEX on BNB Smart Chain, price stable at $2.58 (down 0.51% in 24 hours), good recovery but listing impact is quite small.
Fartcoin: Meme coin on Solana, up 6.34% to $1.44, market cap $1.4 billion, benefiting greatly from listing announcement.
Subsquid (SQD): Decentralized data network for AI Web3 on Arbitrum, up 6.48% to $0.2561, hitting all-time high on listing.
Listings drive prices, especially for Fartcoin and Subsquid. Investors should monitor price movements on listing day, but be wary of the risk of transferring tokens to networks that do not support them (Fartcoin on Solana, SQD on Arbitrum, CAKE on Ethereum).
Stirring up before 200 million PI tokens are moved
Recently, the Pi Network community was stirred up by the news that 200 million PI tokens were transferred from the liquidity fund wallet to a new wallet address without any official announcement from the development team. Analyst Moon Jeff said that this could be an OTC transaction (private trading off the exchange), often used by large investors to accumulate tokens without causing strong price fluctuations. If true, this move could be a positive signal, showing interest from large investors. However, many people are concerned about the lack of transparency, questioning whether this transaction will lead to the risk of centralization or price manipulation in the future.
Latest information about Pi2Day 2 event
The “Pi2Day 2” event scheduled for June 28, 2025 is attracting a lot of attention. The community expects the Pi Network team to announce important updates, especially the possibility of listing on Binance – a milestone that could increase liquidity and strengthen the value of Pi. According to Moon Jeff, if Pi price breaks through the resistance level of $1.20, a strong recovery trend could occur, with the next target being $2.
Pi Network Price Trend Forecast in the Future
However, the Pi community is also facing a split. Many users, especially Pioneers who have completed KYC, expressed frustration at not receiving tokens despite participating in mining early. Analyst Dr. Altcoin criticized the development team for lacking transparency and not building sustainable value. He emphasized that Pi Network needs to clearly explain large transactions and ensure timely token distribution to maintain community trust.
In short, despite positive signals such as the Pi2Day 2 event and the possibility of listing on Binance, Pi Network still needs to address transparency and trust issues to strengthen its position in the market.
Source: https://baoquangnam.vn/gia-pi-network-hom-nay-12-6-2025-coinbase-cong-bo-3-token-moi-3156592.html
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