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[1]
Pi Network token spikes 38% on AI plans, Google partnership rumors
The price of Pi Network's token surged by 38% this week ahead of an expected announcement involving artificial intelligence, fueling speculation about a possible partnership with Google. The buzz started when Pi Network co-founder Nicolas Kokkalis appeared on a generative AI panel at Consensus 2025, sparking speculation about Pi's next move. On June 22, Pi Network posted on X that the company would provide answers on June 28 at an event called Pi2Day. The panel appearance of one of its co-founders and the follow-up post from Pi signaled that the company may be preparing to integrate artificial intelligence technology directly within its ecosystem. Since the post, the Pi Network (PI) token surged, peaking at $0.65 on June 25, up 38% from its June 22 low of $0.47. However, the token had dropped back to $0.57 at the time of writing. Following the PI token surge, social media users have been sharing their takes on what the AI announcement will be about. One X user said that the network is rumored to have a deal with Google AI. The user suggested that the star seen on a Pi Network announcement may be similar to the logo of Google's artificial intelligence arm. Another community member said the announcement could relate to another project called PiAI. While some speculate that the announcement will be big, others cautiously approach the news. A community member wrote that while some may be bullish for June 28, they should "lower their expectations" to avoid disappointment. Cointelegraph reached out to Pi Network for comments but did not get a response by publication. Meanwhile, another community member questioned Pi's value proposition. "I haven't noticed anything innovative, as other blockchains/projects have already done most of what they're doing," the user wrote, urging the community to ask questions and be critical of the project. Related: Pi Network migration problems: Users report KYC, 2FA and balance errors The surge follows another major announcement from Pi Network last month. On May 15, the company launched a $100 million fund to invest in businesses and startups that would work to enhance the utility of its blockchain ecosystem. The team said that the investments will generally be denominated in US dollars. However, the project also seeks to use its native token to fund eligible projects.
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Pi Network Price Jumps Ahead of Pi2Day: Will AI Partnership Be Unveiled?
Pi Network's native token rose by 38% this week as growing speculation about a potential integration with artificial intelligence and rumored links to Google gained traction ahead of the Pi2Day event scheduled for Saturday. The market responded strongly after project co-founder Nicolas Kokkalis appeared at a high-profile generative AI panel. The co-founder of Pi Network, Nicolas Kokkalis, spoke on a generative AI panel at Consensus 2025, generating attention regarding whether the project would add AI-powered features. Following its appearance, Pi Network published a teaser on X and claimed that on Pi2Day, June 28, the team would share more information about the project. The PI token rebounded after the post, rising to $0.65 on Wednesday after hitting a low of $0.47 on Sunday, before retracing to $0.57 at the time of writing. This move was indicative of high expectations that could expand its applications via AI, particularly following the burgeoning use of new developments, such as generative AI, in the crypto sphere, as the industry increasingly harnesses new technology to enhance blockchain systems.
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Pi Network's token price spikes following co-founder's appearance at an AI panel, fueling speculation about AI integration and a possible Google partnership ahead of the Pi2Day event.
The cryptocurrency market witnessed a significant uptick in the Pi Network (PI) token price, surging by 38% this week. This surge comes in the wake of growing speculation about the project's potential integration with artificial intelligence (AI) and rumors of a partnership with tech giant Google 12.
The buzz began when Pi Network co-founder Nicolas Kokkalis made an appearance on a generative AI panel at Consensus 2025. This high-profile participation sparked curiosity about Pi Network's future plans, particularly in relation to AI technology 1. Following this, Pi Network took to social media platform X (formerly Twitter) to tease an upcoming announcement scheduled for June 28, an event dubbed "Pi2Day" 1.
The PI token experienced a significant price movement in response to these developments:
This represents a 38% increase from its recent low, reflecting heightened investor interest and speculation.
The cryptocurrency community has been abuzz with theories about Pi Network's potential AI-related announcements:
However, it's crucial to note that these are unconfirmed rumors, and the official announcement is yet to be made.
The Pi Network community has shown mixed reactions to these developments:
This surge in interest follows a significant announcement made by Pi Network last month. On May 15, the company launched a $100 million fund aimed at investing in businesses and startups that would enhance the utility of its blockchain ecosystem 1. This move demonstrates Pi Network's commitment to expanding its ecosystem and increasing the token's utility.
As the cryptocurrency community eagerly awaits the Pi2Day event on June 28, all eyes are on Pi Network for potential announcements regarding AI integration, partnerships, or other significant developments. The recent price surge and heightened speculation underscore the growing interest in the intersection of blockchain technology and artificial intelligence in the crypto sphere 2.
Source: Analytics Insight
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