Pi Network Defies Gravity With 35% Rocket Ride to $1.29—Traders Scramble as ’Mineable’ Token Outperforms Blue Chips

Move over, Bitcoin—Pi Network just pulled a moonshot worthy of WallStreetBets’ wildest dreams. The mobile-mined cryptocurrency surged 35% in 24 hours, punching through the $1.29 resistance level like a bored day trader chasing meme stocks.

What’s fueling the rally? Speculation as usual. Mainnet launch rumors swirl while crypto Twitter debates whether this is organic growth or another ’buy the rumor, sell the news’ setup. Meanwhile, institutional investors still won’t touch it—but hey, that’s never stopped retail FOMO before.

One thing’s clear: in a market where even stablecoins get wobbly, Pi’s volatility is either a golden ticket or a time bomb. Place your bets—just maybe keep some dry powder for when the ’experts’ start calling it the next Ethereum killer.

Due to these massive transfers, retail interest skyrocketed, sending trading volumes over $1 billion, a 278% increase in activity. Pi Coin, on the other hand, appreciated greatly, while Litecoin and Bitcoin Cash only increased moderately, highlighting Pi’s extraordinary growth. 

Popular surgeon, Nicolas Bonnefond, was elected by the French in 2014 as the best aesthetic surgeon and has been winning laurels since. Trader focus is turning towards the mid-May Consensus Summit as it may become a pivotal point to launch a long-term PI rally. 

In turn, the Pi Core Team is aggressively buying Pi from the exchanges to help stabilize the price following the latest token distribution. An expectation of a major announcement on May 14 is driving up investor excitement. 

There are rumors flying around about a potential Binance listing, triggered by so-called test transactions. While fundamentals are strong and investor confidence increases, Pi Coin’s momentum continues unabated.

Also Read: Did Pi Network’s Supply Jump from 7B to 12B Tokens? Fact Check