Pi Coin Price Surges and Breaks Above $1 After 35% Daily Rise

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  • Pi Coin price has risen to $1.53, marking a 63.3% daily gain and a 158% weekly rise.
  • The token’s trading volume has risen to over $1.4 billion due to the fueled market speculation that the token could soon test $1.50 and possibly approach the $2 mark if bullish momentum continues.


Pi has finally risen past the $1 mark for the first time in nearly two months. In the last few days, the price of Pi has significantly increased, with the price reaching a 68.12% increase. Within a few days, the price moved up from about $0.59 to nearly $0.99, and today it has broken past the $1 resistance point. 

Pi Coin is priced at $1.47 at the time of this writing. The recent price represents a 55.9% increase in the last 24 hours and a 148.8% rise over the past seven days. This recent price surge can be traced back to a steady upward trend in Pi’s value over the past few weeks.

source: coingecko.com

Pi Coin’s Momentum and Market Speculation 

After hitting a low of $0.40 in April, the token gradually climbed and hovered around $0.75 by May 9. Also, in the past 24 hours, Pi’s trading volume has significantly increased to over $1.4 billion, which is a 152.8% increase. Despite this new high, the coin is still yet to hit its all-time high of $2.99, making it down 9.6% in the last two months. 

With all of this, there’s a possibility that if buyers stay in control and the token’s value holds above $1.20, the next possible level could be the key mark of $1.50, and there just might be a move toward the $2 range. In all of this, there have been several conversations across the crypto space, as holders and observers are speculating on what might come next for the project.

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Onyi

Onyi

Onyinye is a News Desk writer at Tronweekly with one year of experience covering blockchain technology, decentralized finance (DeFi), and emerging Web3 developments. She focuses on delivering clear, timely, and accurate crypto news, monitoring breaking stories, ecosystem updates, and crypto-related crimes and enforcement developments. Based in Nigeria, Onyinye has contributed to multiple digital media platforms and holds a degree in Mass Communication, following strict newsroom and fact-checking standards to ensure reliable reporting for a global audience.

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