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Cryptocurrency News Articles
Pi Coin ($PI) is Rallying as It Approaches the $1 Mark, Showing Strong Momentum With a 34% Surge in the Last 24 Hours
May 11, 2025 at 01:06 pm
Pi Coin ($PI) is rallying as it approaches the $1 mark, showing strong momentum with a 34% surge in the last 24 hours, briefly hitting $0.98.
Pi Coin (PI) price is showing no signs of slowing down as it approaches the $1 mark, showcasing an impressive 34% surge in the last 24 hours, briefly touching $0.98, leading to massive trading volume and heightened interest in the cryptocurrency community.
As the next resistance levels for Pi are set at $1.00, followed by $1.40, and support currently sits around $0.80, crypto analyst Dr. Altcoin took to Twitter to share that the Pi Network team will make a big announcement on May 14, 2025.
This date is crucial as it’s the same day the Consensus Summit 2025 begins in Toronto, where Pi’s founder, Dr. Nicolas Kokkalis, will be speaking at the event. The analyst believes this news could be very good for Pi’s price.
In his analysis, Dr. Altcoin predicts that Pi could reach $1 by May 14, continue rallying to $2 by the end of August, and might even reach $2 to $5 by the end of the year.
However, another crypto analyst, Ben, shared that according to on-chain data, a mysterious wallet just made a massive purchase of 70 million PI from OKX, increasing its total to 155 million PI—more than any other wallet on active exchanges.
This interesting activity has sparked speculation that a big centralized exchange (CEX) might be preparing to list Pi Coin.
The analyst pointed out these patterns, like large-scale coin movements from one exchange to another, usually occur before a major exchange prepares to list a cryptocurrency.
The timing also aligns with increased activity on the Pi Blockchain and preparations for KYB (Know Your Business) compliance—a requirement for official listings.
Earlier this month, reports surfaced that major cryptocurrency exchange Binance is planning to list Pi Coin in the second quarter of 2024.
The Pi Network ecosystem is expanding rapidly, and community hype has reached fever pitch.
With Pi already ranked among the top 30 cryptocurrencies by market cap on CoinGecko, many members of the crypto community believe this is just the beginning of Pi’s journey.
As the cryptocurrency community eagerly anticipates the upcoming news from Pi Network and speculate on which exchange might list Pi next—could it be Binance, Coinbase, or another big player?—the saga of Pi Coin continues to unfold with twists and turns.
Disclaimer:info@kdj.com
The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research!
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