Pi Coin Jumps 25%
Pi Coin Price Soars 25% on Major Announcement Anticipation
The Pi Network (PI) token experienced a 25% price surge today, reaching a two-month high of $1.3. This follows a week of impressive growth, with a total increase of 100%. While the broader crypto market recovery contributed, significant excitement surrounding an upcoming announcement from the Pi Core team is the primary driver.
Major Announcement Expected May 14th
On May 8th, the Pi Network teased a major ecosystem announcement scheduled for May 14th. Speculation is rampant, with many investors hoping for a listing on a major exchange like Binance or the highly anticipated mainnet launch. This anticipation is driving Fear Of Missing Out (FOMO) and fueling the current price rally.
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, 2025
Mainnet Launch or Binance Listing?
While the Pi Core team remains tight-lipped, the possibility of a Binance listing or mainnet launch is driving investor enthusiasm. Supporting this speculation, Pailot—a company bridging logistics and Web3—announced they are preparing their app for Pi Core’s mainnet review.
Stay updated on #PiNetwork potential and bullish trends in 2025
➤ #PiNetwork24X7 🔔https://t.co/6lIJchApWy— The Times of PiNetwork (@PiNetwork24X7) May 12, 2025
Crypto analysts have set resistance levels around $1.39, $1.69, and $2.0. If the current momentum continues, PI could reach $1.7 before May 14th.
Frequently Asked Questions (FAQs)
- Why is Pi Network's price increasing? The price increase is attributed to a combination of the broader crypto market recovery and significant anticipation for the May 14th announcement.
- Is a Binance listing confirmed? No, there is no official confirmation of a Binance listing. However, it remains a strong possibility fueling the current price action.
- Could Pi Network reach a new all-time high (ATH)? Reaching a new ATH depends on sustained bullish momentum. The current price is still significantly below the previous ATH.
Disclaimer: This information is for educational purposes only and is not financial advice. Conduct your own research before investing in cryptocurrencies.
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