Pi Network’s PI Token Skyrockets 35% to Break $1 Barrier
Pi Network has shattered the $1 price level for the first time in nearly two months, achieving a major milestone. Currently, Pi Coin (PI) is trading at $1.28, showcasing a impressive 35% daily increase and a remarkable 114% weekly gain. This surge comes after an extended consolidation period, with the token previously trading around $0.75 in early May and dropping to $0.40 in April.
Trading volume has exploded to $1.4 billion, marking a 152.8% increase. Despite this bullish momentum, PI remains 57.3% below its all-time high of $2.99 reached on February 26. Technical analysis indicates continued upside potential, as the price now sits above all key short-term and mid-term moving averages.