PI Token Jumps 50% as Whales Accumulate and Technical Breakout Emerges
PI Network's native token has surged 50% from its October lows, currently trading at $0.2277 as bullish technical patterns develop. An inverse head-and-shoulders formation indicates potential upside toward $0.50, while on-chain data shows renewed whale activity—the largest holder recently purchased 1.23 million Pi coins.
The project's development team is accelerating ecosystem expansion through AI-powered KYC streamlining and ISO certification efforts, which could pave the way for exchange listings. Market analysts note the token is testing the 50-day EMA, a key resistance level that has historically limited rallies.