Key notes
- The allegations of unpaid awards and incomplete migration processes have further fueled frustration among contributors to the PI network.
- Pi Coin decreased by 4% today, extending weekly losses to more than 10%, analysts predicting additional drops to $ 0.40.
- The PI network community provides for an important update on “PI Day 2”, scheduled for June 28.
The latest industry report shows that the PI network
Pi
$ 0.62
24h volatility:
2.7%
COURTIC CAPESSION:
$ 4.55 B
Flight. 24 hours:
$ 112.45 M
Validators could be at risk of being replaced by artificial intelligence, because the Pi Core team has exploited AI systems to potentially automate the process to find out your customer validations (KYC). Although the organization has not yet made an official announcement, Dr. Altcoin alleged that the team is likely to reduce the role of human validators.
Interestingly, these allegations come because the validators have not received their contributions and their awards for the construction of the PI ecosystem in the past six years. On the other hand, several validators have raised concerns concerning the incomplete migration process and not receiving PI parts to their wallets.
James J Zito De Zito Reality said that despite certain pioneers who carry out successful migration stages such as KYC approval, the completion of the Mainnet control lists, their portfolios show no balance. In addition, there were cases of pioneers signaling several portfolios after migration, which led to the confusion as to the residence of their PI parts.
The Pi Core team must respond to these coherent queries from the PI network validators.
Thank you for the message, James @Jameszito. Over the past six years, the pioneers have led the project by their dedication and their hard work. Now it’s time for the Pi Core team to show responsibility, adopt transparency and reward the very pioneers who have built the basics of this…
– Dr Altcoin (@dr_picoin) June 5, 2025
Pi Coin blocks before unlocking of the Pi network
Pi Coin is widely considered by many traders as the next crypto to buy. Meanwhile, its price is again under sale pressure, lowering another 4% today to $ 0.61, while extending its weekly losses to more than 10%, as Pi Network Token Unlock is looming in advance this month.
Market analysts believe that the price of the PI room could come back to retest its low April from $ 0.40. Sharing the technical perspectives more, the Crypto Market Weslad analyst said that if the Altcoin does not hold the support of $ 0.3953, Pi coin could fall In addition, until the next $ 0.16 support area.
Pi Coin Technical Thadle | Source: Weslad
On the other hand, if Pi Coin must restore the bullish momentum, the Bulls must first recover $ 0.92. Crossing it could prepare the ground for the next rally at $ 3.04.
On the other hand, the PI community awaits a major announcement of the PI Core team on day 2 of the PI, scheduled for June 28. Dr. Altcoin said that not announcing something significant could cause new sales pressure.
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Bhushan is a fintech enthusiast and has a good flair in understanding the financial markets. Its interest in the economy and finance draws its attention to the new technology of emerging blockchain and the markets of cryptocurrencies. He is permanently in a learning process and motivates himself to share his acquired knowledge. In free time, he reads fiction novels to thriller and sometimes explores his culinary skills.
