This week has seen notable developments in the cryptocurrency market: Pi Network faces bearish pressure, Hedera launches AUDD, and Remittix unveils its wallet.
Pi Price Prediction for June
The Pi Network project generated considerable attention earlier this year, but the tokens have not fulfilled expectations. FXStreet analysis predicts a continued decline for Pi in June.
Currently, Pi trades at $0.5285, down by 15.84% over the past week. It is expected to drop below the psychological support level of $0.5 in the coming days.
Hedera Enters Stablecoin Market
Hedera has ventured into the stablecoin market with the launch of the Australian Digital Dollar (AUDD), announced by the Hedera Foundation on June 19, 2025.
This initiative aims to simplify payments across the Asia-Pacific region, with the Australian Dollar backing AUDD at a 1:1 ratio. However, this news has yet to impact HBAR prices, which remain at $0.1455, reflecting a 13.87% loss over the past week.
Remittix Wallet Unlocked
Remittix announced its ICO during last year's crypto boom, receiving a strong response from traders. The project has now introduced the Remittix Wallet, a market-ready application that enables token swaps between Remittix and over 40 other crypto tokens.
Users can send their RTX tokens directly to their fiat bank accounts without incurring bank fees. The team has also indicated plans to add non-custodial staking features in the next phase.
The changes in the cryptocurrency market continue to draw the attention of investors and traders. The situation with Pi, the launch of AUDD from Hedera, and the innovations from Remittix highlight the sector's activity and dynamics.
