Pi Coin Defies Market Trends With 100% Surge – What’s Driving the Rally?
Pi Coin has defied broader market stagnation with a 61% surge, now trading at $1.24. The rally propels it to 16th among cryptocurrencies—a remarkable recovery from its $0.40 all-time low last month.
Technical charts show a bullish hammer formation, suggesting sustained upward momentum. While major assets like Bitcoin and ethereum saw muted 2-3% weekend gains, Pi’s volatility highlights its asymmetric potential in speculative markets.