Pi Network Price Today June 24, 2025: Clarification of the $245 Million Bitcoin Theft
Pi Network Price Today June 23, 2025
Pi price on OKX exchange on June 24, 2025 is fluctuating around the price from 0.4961 USD to 0.5407 USD (equivalent to 13,000 VND to 14,170 VND). Thus, at the time of writing, Pi price on OKX exchange increased by 5.4% compared to yesterday, reaching 13,910 VND
Pi Network price today, June 24, 2025, is becoming the center of attention both domestically and globally, although the cryptocurrency market is going through a turbulent period. Recently, the market witnessed a strong sell-off after the US joined the Israel-Iran conflict. Many coins such as Ethereum or coins related to artificial intelligence have fallen sharply, with the total value of liquidation orders exceeding 670 million USD, the highest level in the past three weeks. However, Pi Coin has maintained remarkable stability, even showing signs of a slight recovery, bringing hope to investors.
Despite the gloomy general market, Pi Coin price is still showing positive signs. Experts have noticed that Pi's price chart over the past 8 hours is forming a "falling wedge" pattern - a sign that often signals that the price may bounce back. Currently, Pi price is fluctuating at 0.50-0.51 USD. On the morning of June 23, the price hit a bottom of 0.496 USD due to the impact of geopolitical news, but strong buying pressure from investors has helped the price recover quickly and stably. Compared to 24 hours ago, Pi price decreased by about 6.17%, but this is still considered positive when compared to the sharp decline of other coins.
Shedding light on the $245 million Bitcoin theft
Meanwhile, the Bitcoin theft involving Chetal is also making headlines. With Chetal pleading guilty, several court documents have been released, shedding more light on the case. While six kidnappers were involved, they were not the perpetrators of the original theft. They attacked Chetal’s parents but were unsuccessful in their extortion attempt.
ZachXBT, a prominent cryptocurrency investigator, led the investigation into the Bitcoin theft. He described it as a highly sophisticated social engineering attack, but also pointed to the lack of security in the operation that helped him identify the perpetrators. Now that Chetal is almost certain to face charges, the investigator is somewhat complacent about his findings.
Overall, the current situation shows that Pi Network has many opportunities to develop and assert its position in the cryptocurrency market.
Pi Network Price Trend Forecast in the Future
Despite the positive signals, Pi Network price still faces risks. Experts predict that if the price breaks through the current resistance level, Pi could surge to $1, an increase of more than 85% from the current price. But if the price falls below $0.3940, the uptrend could be broken, pushing Pi into a deeper decline. Geopolitical fluctuations, such as the conflict between the US and Iran, are also causing investor sentiment to fluctuate, causing Pi price to fluctuate quite strongly in both domestic and international markets.
While many other cryptocurrencies are being sold off mercilessly, Pi Network has emerged as a “headwind”, maintaining the trust of the community thanks to its increasingly complete ecosystem. Pi is not only a cryptocurrency but also developing into an integrated ecosystem with e-wallets, decentralized applications, and features that support the real digital economy . If the Pi2Day event announces a clear roadmap, Pi Network price today, June 24, 2025, can become the center of the market in the third quarter of 2025, attracting the attention of both domestic and international investors.
Source: https://baoquangnam.vn/gia-pi-network-hom-nay-24-6-2025-sang-to-ve-vu-trom-bitcoin-tri-gia-245-trieu-usd-3157279.html
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