Pi Network's token surged 38% this week due to rumors of an AI partnership with Google and the upcoming Pi2Day event announcement on June 28. The speculation arose after co-founder Nicolas Kokkalis participated in a generative AI panel at Consensus 2025, hinting at potential AI integration within the project's ecosystem. Leading up to the event, Pi Network announced on social media that crucial answers will be revealed on June 28. Following these developments, the token peaked at $0.65, up from a low of $0.47 on June 22. However, it settled at $0.57 at the time of the report. As the excitement grows, community responses vary from bullish expectations to calls for caution, emphasizing the need for critical evaluation of the project's value amidst ongoing innovations in the blockchain space. This rise follows an earlier announcement regarding Pi Network's investment plans to support startups to enhance its ecosystem utility. Recent community discussions reflect skepticism about Pi Network's unique contributions in comparison to other blockchain projects.

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