Pi Coin Surges 17% to $0.7463 as $1 Breakout Looms Ahead of May 14 Announcement
Pi Network’s cryptocurrency has surged 17% to $0.7463 amid speculation of a major upcoming development. Technical indicators suggest a potential breakout to the psychologically significant $1 level, with trading volume spiking 58% to $180 million.
The asset has maintained strong support at $0.5645 since April 7, showing unusual stability for an altcoin. Traders are positioning for increased volatility ahead of the network’s undisclosed announcement scheduled for May 14.