PI Token Rallies 35% Amid AI Integration Buzz and Technical Breakout
Pi Network's native token Pi surged toward $0.66 as speculation grows about potential generative AI integration. The 100-day milestone since Open Network's launch has ignited community discussions about technological upgrades, with co-founder Nicolas Kokkalis hinting at developments during recent panels.
Technical indicators show strong bullish momentum, with price holding above the 50-day EMA ($0.59) and MACD flashing buy signals. Social volume metrics from Santiment reveal surging engagement across crypto forums, correlating with PI's 35% weekly gain.
While the project's AI focus aligns with sector trends, PI's ecosystem growth remains the primary price driver. Traders now watch the psychological $1.00 resistance level as the next potential target for this rally.