The important day of Pi Network: Will the core team break the silence about GCV on June 28?

June 28, 2025 is shaping up to be a significant day for the Pi Network community. Referred to as "Great Expectation Day", millions of Pioneers are hoping that the Pi Core Team will finally speak up about the global consensus value (GCV) and recognize it as the real value of PiCoin. GCV supporters have pushed the value to 314.159 dollars for each Pi to demonstrate their belief, unity, and trust in the project. Although the core team has not officially confirmed this, it is being promoted globally through events, especially in Asia and Africa. Vision towards the community GCV is the value established by the community, not by exchanges or market prices. Over 6 million small on-chain transactions indicate that people have been using this value in real transactions. A recent survey showed that 99.1% of users support GCV. They stated that while the core team handles the technological aspects, such as Mainnet and KYC, it is the users themselves who bring real value to Pi through daily usage. According to them, if the Pi Core Team applies GCV, it will not involve setting a fixed price for exchanges. Since GCV is believed to be driven by the community, the Core Team will continue to build the ecosystem and encourage more usage in the real world. But critics argue that GCV is only symbolic and impractical, and its true value can only be known when the mainnet launches. Analysts like Dr Altcoin warn that without a major update, including discussions about GCV, the token could slide back to the $0.40 level. On the other hand, even a small update or news about the roadmap could boost the price and community sentiment. Can GCV change the situation? Pi Coin has had a tough time recently, as it has dropped 24% in the past month and over 80% from its all-time high. With many tokens being unlocked and no significant news, the pressure is mounting. With the mainnet launch expected to happen soon, updates on GCV, trading tools, or news about the mainnet could change how people view the project and its future value. If the core team remains silent, the impact could be very serious as it may lead to a mass sell-off and users losing interest. The community demands that the Pi Core team officially recognize GCV as a show of respect for the millions of users who have supported the project over the years. Moreover, a leading news account of Pi Network also expressed disappointment that if Pi2Day only brings Pi Domains and no major updates, many people will be disappointed. They are urging the Core Team to launch the long-promised features like smart contracts instead of just prolonging announcements for many years.