This week in the cryptocurrency world has been eventful: Pi Network's prices are under pressure, Hedera introduces a new stablecoin, and Remittix launches its token wallet.
Pi Network Price Prediction for June
The Pi Network project gained attention earlier this year, but its tokens have not yet met expectations. FXStreet analysis suggests that Pi's price is set to decline in June. The current price is $0.5285, down 15.84% compared to the previous week. It is anticipated that the price will drop below the psychological level of $0.5.
Hedera Enters the Stablecoin Market
Hedera announced the launch of the Australian Digital Dollar (AUDD), which will be backed by the Australian dollar at a 1:1 ratio. The launch occurred on June 19, 2025, and is expected to simplify transactions in the Asia-Pacific region. Currently, HBAR is priced at $0.1455, which is a 13.87% decrease over the past week.
Remittix Updates: Wallet Launch
Remittix has announced the launch of its wallet, which supports token swaps between Remittix and over 40 other cryptocurrencies. Users can send RTX tokens directly to their bank accounts without incurring fees. Following the completion of phase one, developers plan to introduce non-custodial staking in phase two.
Current events in the cryptocurrency space, including the price dip of Pi Network, the introduction of AUDD by Hedera, and the wallet launch from Remittix, underscore the market's dynamism and potential future directions.
