Pi Coin ($PI) Jumps 34% Ahead of Major Announcement, Nears $1 Milestone
Pi Coin ($PI) is rallying toward the psychologically significant $1 mark, posting a 34% gain in the past 24 hours. The cryptocurrency briefly touched $0.98 amid surging trading volumes and bullish sentiment.
Technical levels show resistance at $1.00 and $1.40, with support holding firm around $0.80. Market participants are positioning for potential upside ahead of a major announcement scheduled for May 14, 2025.
The timing coincides with Dr. Nicolas Kokkalis’ appearance at Consensus Summit 2025 in Toronto. Analysts speculate the dual events could catalyze further gains, with Dr. Altcoin projecting a $1 price target by the announcement date and $2 by August’s end.