Pi Network’s PI Token Jumps 20% in 24 Hours: Can It Reclaim $1?
Pi Network’s native token Pi surged 20% in 24 hours, briefly hitting $0.77 before stabilizing at $0.75. The rally aligns with broader market momentum and speculation about an upcoming ecosystem announcement.
PI’s market cap now exceeds $5 billion, ranking it ahead of established altcoins like Uniswap and Near Protocol. However, concerns remain as millions of PI tokens are scheduled for release mid-month, potentially creating sell pressure.