PI Price Jumps 12% Ahead of Key Ecosystem Update
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[TRADE_PLUGIN]PIUSDT,PIUSDT[/TRADE_PLUGIN]
PI News -
PI Network’s price surged 12% in the past 24 hours as traders anticipated a major ecosystem announcement scheduled for May 14. This upward movement occurred despite declining investor interest in the altcoin in recent weeks.
Market sentiment remains split on PI’s future. While the upcoming news could drive additional gains, the network has failed to leverage the broader crypto market rally. Even the Federal Reserve’s dovish monetary policy didn’t generate lasting momentum for the token.
Limited trading volume and lack of exchange support continue to constrain PI’s price discovery. Unlike top cryptocurrencies that attract institutional investment, PI remains primarily driven by retail speculation.
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