Pi Coin Price Soars By 40% As Core Team Teases Major Announcement
By: cryptosheadlines|2025/05/12 14:30:07
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Airdrop Is Live CaryptosHeadlines Media Has Launched Its Native Token CHT. Airdrop Is Live For Everyone, Claim Instant 5000 CHT Tokens Worth Of $50 USDT. Join the Airdrop at the official website, CryptosHeadlinesToken.com Pi coin price is exploding today with the broader crypto market recovery amid the positive updates on the US-China trade war, but there’s more. The Pi Network token has often been in discussion due to its bullish price performance and anticipation around the top exchange listing. However, similar to most cryptos, its trend slowed down in recent days before returning today, and there’s a special reason behind that. Let’s discuss.Pi Coin Price Skyrockets 40% Today Amid FOMOWith a 40% surge today and 130% over the week, Pi coin price is moving with the bulls. It has achieved a two-month high at $1.6, currently trading at $1.3. What’s more significant is that it has reached a market cap of $10.9 billion before settling at $9.57 billion.Amid broader market recovery due to US-China trade talks, the digital assets are booming with gains, and the Pi Network price rally is a part of that. Experts believe the FOMO drove this rally as the investors’ sentiments turned bullish amid the upcoming Pi ecosystem’s updates.In a May 8 post, the Pi Network revealed that an ecosystem announcement would be released on May 14. Although there’s no official news on what’s coming, investors anticipate it to be the much-awaited Binance listing or something equally bullish.A Pi ecosystem announcement will be released on May 14. Tune in to find out what’s coming next! pic.twitter.com/5jn7m5mlmD— Pi Network (@PiCoreTeam) May 7, 2025As a result, spectators are buying the Pi Coin in anticipation of the bullish rally.Is Pi Network Mainnet Launch Coming Next?Although there’s no certainty around the May 14 Pi Network’s announcement, investors wish to witness either a Binance listing or a mainnet launch. Adding to the anticipation, Pailot, an application bridging the logistics and web3 technology, commented that they are preparing the Pailot app for the Pi Core team’s mainnet review ahead of the upcoming exosystem listing.Stay updated on #PiNetwork potential and bullish trends in 2025➤ #PiNetwork24X7 https://t.co/6lIJchApWy— The Times of PiNetwork (@PiNetwork24X7) May 12, 2025If this happens, it could hit new highs, per experts’ Pi Coin price predictions. Crypto TA King adds that the critical resistance lies around $1.39, $1.69, and $2.0. If the bullish momentum continues, it could hit $1.7 amid this FOMO around the May 14 announcement.Frequently Asked Questions (FAQs) Pi Network price is up today due to the broader crypto market recovery amid US-China trade settlements and investors’ FOMO amid its upcoming announcement.. There are no updates around the Binance listing, but there’s anticipation of a potential listing on May 14. The Pi Network’s ATH stands nearly 50% higher than the current level. An ATH may not form unless the bulls complete dominance. ✓ Share: Pooja Khardia With a deep-seated passion for reading and five years of experience in content writing, Pooja is now focused on crafting trending content about cryptocurrency market. As a dedicated crypto journalist, Pooja is constantly seeking out trending topics and informative statistics to create compelling pieces for crypto enthusiasts. Staying abreast of the latest trends and advancements in the field is an integral part of her daily routine, fueling a commitment to delivering timely and insightful coverage Disclaimer: The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.Source link
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