Will Pi Coin Recover Before Pi2Day As Pi Browser Gets New Feature?
Highlights
- Today's Pi Coin price decline comes amid cautious investor sentiment ahead of Pi2Day on June 28.
- The Pi Network community anticipates new features like KYC Sync to address long-standing concerns.
- Pi Browser gets new update enabling users to manage their accounts entirely within the ecosystem.
Pi Coin rally lost momentum after facing strong resistance at $0.65, dropping 9% in the past 24 hours to settle at $0.55. This heightened volatility comes as anticipation builds for Pi2Day on June 28, with the Pi Network community eagerly awaiting the unveiling of new features, including KYC Sync. Additionally, the Pi Browser has introduced a new “Full Account Management” feature, enhancing decentralization and user control.
Pi Coin Loses Steam Ahead of Pi2Day
Pi Coin, the native cryptocurrency of Pi Network, has come under selling pressure after major rejection at $0.65. After the Pi token rally, which went from $0.47 to $0.65, bulls seem to be losing the edge to drive a rally beyond $1. As of now, the Pi Network coin is rallying 8% down at $0.54, with its daily trading volume collapsing by nearly 50% to $167 million.
This shows that investors remain cautious ahead of the major Pi Network event. The most-awaited announcement by the community at the Pi2Day event on June 28 will be the KYC Sync feature, which will allow the Pi App to integrate with the Pi Browser, thereby eliminating complaints from users regarding improper KYC.
This is a very crucial development as millions of users are awaiting updated KYC status can now proceed with their migration to the open Mainnet.
Pi Browser Gets Major Update From Pi Network Core Team
Pi Network’s native Pi Browser has secured a major update, allowing users to manage their accounts entirely within the Pi ecosystem. This development will eliminate the need to switch between apps, while streamlining the user experience. Pi community member Mr. Spock stated that this is a step towards greater decentralization of the network.
Users can now perform a range of actions directly through the Pi Browser, including updating account information, accessing ecosystem apps, managing KYC processes, and preparing for exchange integrations.
As a result of this development, Pi Network participants will be able to experience a seamless Web3 experience. Additionally, the Pi Core team has also teased GenAI integration with founder Nicolas Kokkalis attending the GenAI panel at Consensus 2025, earlier this week.
Earlier this week, the Pi Coin price gave a strong breakout from the falling-wedge pattern, with Pi token ending a 7-week of consolidation. However, with the recent sell-off in Pi Token, $0.52 will be an important support to watch; breaking underneath it could nullify chances of a further rally.
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