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
had what polite society might call “a bit of a moment.” Specifically, the price launched itself upwards by 50%, landing somewhere near $1.29, two days ahead of a mysteriously significant announcement from the Pi Core team scheduled for May 14. Coincidence? Only if you also believe your toaster is conspiring against you (which, in the blockchain world, is not out of the question).
In just three days, Pi Coin leapfrogged past seasoned veterans like 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
, ascending from the 27th to the 16th crypto slot. (To be honest, Litecoin hasn’t been this embarrassed since it got mistaken for an old VHS tape in a yard sale.) Pi Coin’s market cap then ballooned to $9 billion—at this point, statisticians are filing missing person reports for “rational price discovery.” Meanwhile, daily trading volume for Pi moonwalked 176% to hit $1.26 billion. 🚀
What’s behind today’s pi coin price rally?
Having hit cosmic bottom at $0.40 in April, Pi Coin did what any self-respecting digital currency would do in the face of existential dread: a dramatic comeback. Tripling in price in less than a month, and causing enough market speculation to power a small moon colony, Pi Coin is now the toast of crypto chat rooms everywhere. Rumors about a May 14 ecosystem update have people filling their digital pockets with Pi faster than you can say “definitely not financial advice.”
There’s also wild-eyed optimism that Pi Coin will soon find itself on the digital shelves of exchange giants like Binance, Coinbase, or Upbit. If that happens, prepare for demand to surge with the subtlety of a caffeinated squirrel. (Also, Pi Network would instantly become more accessible to everyone except your technophobic uncle, who still thinks “blockchain” involves actual chains.)
Don’t forget the whales. Not the ones in the ocean, although if Bitcoin rallies any further we might see marine mammals investing as well. Over the weekend, an unknown wallet gobbled up 155 million Pi, setting off a frenzy of rumors about a possible Binance listing. The esteemed Dr. Altcoin (yes, really), a Pi Network cheerleader of galactic proportions, declared:
“The giant is awake — ready to ignite a true revolution with innovation, eco-friendly, blazing speed, low fees, and the highly secure Pi Blockchain, backed by full KYC/KYB compliance and over 200,000 active nodes ready to be switched on. It is now unstoppable!”
Bitcoin rally can help pi network growth
Did Bitcoin
BTC
$96 611
24h volatility:
2.1%
Market cap:
$1.92 T
Vol. 24h:
$29.09 B
go on a wild price rally, dragging the entire altcoin market along for the ride like a cosmic conga line? Absolutely. Such optimism now graces Pi Coin, too. Technically speaking, Pi Coin is breaking resistance levels like an unsupervised toddler with bubble wrap. Two days ago, it crashed through the $0.78 mark, and today, the proud $1.12 badge is flashing on the dashboard.
Kim H Wong, illustrious analyst and part-time soothsayer, credits the whole thing to rampant FOMO—a syndrome in which traders buy crypto with the feverish desperation of someone realizing the pizza shop closes in five minutes. The next major “resistance levels,” by the way, are at $1.50 and $2, which the coin may or may not breach, depending entirely on whether anyone left their crypto wallet open in another tab.
Is Pi Coin’s rise the beginning of a new digital era, or is it just three galaxies’ worth of hype? Tune in after the announcement, and don’t forget your towel. 🛸
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2025-05-12 14:13