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Home»Analysis»$2 in Sight as Price Surges 34%
Analysis

$2 in Sight as Price Surges 34%

May 11, 2025No Comments2 Mins Read
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Pi Coin ($PI) continues to gain momentum as it inches closer to the $1 mark, showcasing a remarkable 34% surge in the past 24 hours, reaching a high of $0.98. The cryptocurrency community is buzzing with excitement, fueled by high trading volumes, positive sentiment, and hints of significant developments on the horizon.

In terms of price levels, the next hurdles for Pi are positioned at $1.00, followed by $1.40, with current support resting at $0.80.

Renowned crypto analyst Dr. Altcoin recently disclosed that the Pi Network team is gearing up to make a major announcement on May 14, 2025. This date holds special significance as it coincides with the commencement of the Consensus Summit 2025 in Toronto, where Pi’s founder, Dr. Nicolas Kokkalis, is scheduled to deliver a keynote address. Dr. Altcoin speculates that this upcoming news could have a substantial impact on Pi’s price trajectory, predicting a climb to $1 by May 14, potentially reaching $2 by the conclusion of August, and even surging to $2 to $5 by year-end.

Rumors are swirling within the crypto space about a potential listing on Binance for Pi Coin. Recent on-chain data revealed a mysterious wallet making a significant acquisition of 70 million PI from OKX, vaulting its total holdings to 155 million PI—outstripping all other wallets on active exchanges. This activity has sparked speculation about a potential listing on a major centralized exchange (CEX), with historical patterns suggesting a correlation between such acquisitions and impending exchange listings. Moreover, the timing aligns with heightened activity on the Pi Blockchain and preparations for KYB (Know Your Business) compliance, a prerequisite for official listings.

See also  Pi bets on games to bolster ecosystem amidst price struggles

The Pi Network ecosystem is experiencing rapid expansion, with community engagement reaching unprecedented levels. Positioned among the top 30 cryptocurrencies by market cap on CoinGecko, many enthusiasts believe that this is just the beginning for Pi.

As the Pi community eagerly anticipates the next exchange listing, speculation abounds regarding which major player might be next in line. Could it be Binance, Coinbase, or another prominent exchange? The anticipation continues to build as Pi Coin surges towards new milestones.

Price Sight Surges
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