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Pi Network’s Token Breaks $1 Barrier—Is This the Start of a Parabolic Rally?
Pi Network’s Token Breaks $1 Barrier—Is This the Start of a Parabolic Rally?
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Mining app turned crypto dark horse Pi Coin just punched through its first major psychological resistance level. Retail traders are piling in, but institutional desks haven’t touched this ’unbanked smartphone gold’—yet.
Key drivers behind the surge:
- Mainnet migration rumors gaining traction
- Exchange listings on second-tier platforms
- Viral TikTok campaigns targeting Gen Z
Technical indicators show overheated conditions (RSI at 82), but since when has that stopped crypto degens? The last coin to cross $1 without VC backing was DOGE—we all remember how that played out.
Wall Street analysts remain skeptical, with one quipping: ’Another victory for the ’mine it while you sleep’ crowd. What’s next—tooth fairy tokenomics?’
Pi Coin has gained huge attention after crossing the $1 mark this week. In just one week, the price of the coin jumped from around $0.59 to $1.49 — a big 152% rise. According to Read More
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