Pi Network is encouraging users to take part in two community campaigns before Pi2Day 2026 on June 28, as the PI token continues to trade near its recent lows.
The Pi Core Team announced that users still have time to join the Vibe Coder campaign and test the SLICE Launchpad token on the network’s Testnet.
According to Pi Network, Pi2Day has traditionally been a time for ecosystem updates, new feature launches, and community activities. This year, the focus is on building apps, testing new tools, and increasing user participation rather than making major price-related announcements.
One of the main initiatives is the Vibe Coder campaign. The program encourages users, known as Pioneers, to introduce AI-powered app creators to Pi App Studio. Participants can submit a qualifying social media post through the Pi mining app and enter a raffle to win Pi-branded merchandise. The campaign will remain open until Pi2Day.
Pi Network says the goal is to bring more AI-generated applications into its ecosystem. Developers can use Pi’s existing tools, including its user network, identity verification system, payment features, and advertising platform, to build and test new applications.
The second campaign focuses on SLICE, a test token launched through the Pi Launchpad. The project has made it clear that SLICE is strictly a Testnet token and will never move to the Mainnet. This means it does not increase the circulating supply of PI or affect the market directly.
SLICE is connected to “Slice of Pi,” a game already integrated into the Pi ecosystem. By using a real application instead of a simple demo, the team hopes to gather more meaningful feedback and usage data from participants.
Users can explore the app, test how the token works, commit Test-Pi, and provide feedback. The updated Launchpad process has also been simplified. Participants choose how much Test-Pi they want to commit, while the system automatically calculates a fair-access holding amount. According to Pi Network, this approach is designed to prevent large users from dominating the process and to create broader participation opportunities.
Importantly, any Test-Pi held during the experiment is returned to users after the testing period ends, and the SLICE token has no real-world value.
Meanwhile, PI’s market performance remains weak. The token recently traded around $0.1267 and continues to sit near its lowest levels. Over the past month, PI has lost nearly 14% of its value and remains far below its all-time high of $2.99 reached in February 2025.
Market analysts point to ongoing token unlocks and weak liquidity as key reasons behind the continued pressure on the price.
From a technical perspective, the trend remains cautious. PI has been making lower highs and lower lows since March, showing that sellers still have the upper hand.
The Relative Strength Index (RSI) remains below 50, signaling weak buying momentum. While selling pressure has eased slightly, buyers have not yet taken control of the market.
The MACD indicator has shown some improvement, but it remains in negative territory, suggesting that the broader downtrend is still intact.
Some market analysts believe PI may be forming a head-and-shoulders pattern, while others point to the $0.14 level as a major resistance area. However, these remain opinions rather than confirmed market outcomes.
The wider crypto market is also adding pressure. Investor sentiment remains weak, with fear levels still elevated across the industry. Smaller tokens like PI often struggle to gain momentum when overall market conditions remain uncertain.
For now, Pi2Day could help boost community activity and ecosystem engagement. However, stronger trading volume, improved market sentiment, and renewed buying interest will likely be needed before PI can establish a more convincing recovery.
