Pi Coin Jumps 19% to $0.63 as Pi2Day Hype Fuels Breakout Potential
Pi Coin has rallied 19% to $0.63 ahead of the Pi2Day celebration, with trading volume skyrocketing 153%. The surge reflects growing investor excitement, driven by speculation about upcoming network upgrades and ecosystem expansions.
Whale activity has spiked notably, including a massive $173 million Pi purchase. Traders are watching the $0.65 resistance level closely, as a breakout could push prices toward $0.80-$1.00 territory.
While analysts warn of potential sell pressure from 268 million unlocked PI tokens in July, the current bullish momentum indicates shifting market sentiment, with Pi reemerging as a top-trending cryptocurrency.