<ul data-eligibleForWebStory="true">Pi Coin's value has dipped to nearly an all-time low, trading around $0.47798 on Gate.io.The recent price action indicates a significant drop from a range of $0.60-0.65 to a lower consolidation zone.Although a slight gain of +0.49% was observed, the overall trend reflects substantial depreciation.The downward pressure suggests active selling or market skepticism as Pi Coin is still in a development phase.Pi Network is currently in an 'enclosed mainnet' phase, with Pi not directly tradable on major exchanges yet.Market listings on platforms like Gate.io are IOU contracts, adding to Pi Coin's volatility.Despite market challenges, Pi Network signals future plans, hinting at integrating Generative Artificial Intelligence (GenAI).A major announcement regarding GenAI is expected on Pi2Day, June 28, 2025, highlighting the project's strategic focus.The speculation-driven low price contrasts with active project development, creating uncertainty about Pi Coin's true value.As the community awaits the GenAI reveal, the upcoming days will be crucial in determining the coin's market trajectory.