Pi Network Price Today 6/6/2025
Pi price on OKX exchange on June 6, 2025 is fluctuating around the price from 0.63 USD to 0.6564 USD (equivalent to 16,420 VND to 17,120 VND. Thus, at the time of writing, Pi price on OKX exchange decreased by 3.1% compared to yesterday, reaching 16,420 VND
Since mid-May, the PiCoreTeam has been continuously announcing ecosystem updates. However, the Pi Network price is currently only around $0.64, down nearly 60% compared to the previous period.
According to data from PiScan, in the next 30 days, about 246 million Pi tokens will be unlocked, with nearly 14 million coins released to the market on June 11 alone. Increased supply while weak buying power puts Pi's price at risk of falling further.
Many users expected Pi to be listed on major exchanges like Binance or Coinbase, or to implement measures to reduce supply such as coin burning. However, recent announcements from PiCoreTeam have not met those expectations, leading to disappointment and negative reactions from the community.
According to Crypto News, the main reason for the decline in Pi's price is that the development strategy of the development team is out of sync with user expectations. Experts also believe that Pi currently lacks clear practical applications, has weak infrastructure, and is only being promoted as a potential means of payment. This makes Pi vulnerable to comparisons with memecoins that lack a foundation.
Hanoi police have warned people about investing in Pi because it is not a legally recognized asset in Vietnam. The value of this currency is mainly determined by the community, which poses a great risk of misunderstanding and loss.
Interest in Pi Network Drops to Lowest Level of the Year
Despite Pi2Day, a community event on June 28, interest in Pi Network is clearly declining. According to Google Trends, global search volume for “Pi Network” is at just 5 points, the lowest in 2025, even lower than before the mainnet launch.
At the same time, Pi token trading activity on the unofficial market has also plummeted. In less than a month, daily trading volume has dropped from more than $2 billion to just $56 million on June 4, a drop of 97%.
However, a segment of users and influencers in the community still hope that Pi2Day will be the turning point that revives the project, bringing new vitality to this stagnant ecosystem.
Source: https://baonghean.vn/gia-pi-network-hom-nay-6-6-2025-pi2day-sap-den-nhung-it-nguoi-quan-tam-10299030.html
Comment (0)