Pi Network Announcement: Why Is Pi Coin Price Up 50% Today?
The post Pi Network Announcement: Why Is Pi Coin Price Up 50% Today? appeared on BitcoinEthereumNews.com.
Key Notes Speculation rises about potential Pi Network listings on major exchanges like Binance and Coinbase. With today’s rally, Pi has surpassed the likes of Litecoin, PEPE, and Bitcoin Cash. Analysts are predicting further growth for Pi Coin toward $1.50 and $2 amid strong FOMO-driven momentum. On May 11, Pi Network’s native cryptocurrency Pi Coin PI $0.60 24h volatility: 2.7% Market cap: $4.21 B Vol. 24h: $104.11 M price surged by a massive 50%, shooting up all the way to $1.29, just two days before a major announcement coming from the Pi Core team on May 14. In just the last three days, Pi Coin has jumped from the 27th to 16th spot, overtaking the likes of Litecoin LTC $90.41 24h volatility: 7.5% Market cap: $6.86 B Vol. 24h: $432.71 M , PEPE PEPE $0.000009 24h volatility: 1.5% Market cap: $3.71 B Vol. 24h: $591.98 M , and Bitcoin Cash BCH $363.5 24h volatility: 0.9% Market cap: $7.22 B Vol. 24h: $154.53 M as its market cap hit $9 billion. On the other hand, there’s a 176% surge in the daily trading volumes for Pi, shooting all the way to $1.26 billion. What’s behind today’s pi coin price rally? Following the bottom at $0.40 last month in April, Pi Coin has staged a strong reversal, gaining 3x in less than a month. Over the past week, the trading volumes have gathered steam, as the Pi Core team announced an upcoming ecosystem update scheduled for Wednesday, May 14, 2025, sparking a wave of speculation and market activity. Thus, traders are actively purchasing Pi cryptocurrency ahead of the big news. On the other hand, we are particularly optimistic about the possibility of Pi coin securing listings on major cryptocurrency exchanges like Binance, Coinbase, or Upbit. Such a listing would enhance accessibility, drive…
Filed under: News - @ May 12, 2025 8:22 am