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Pi Coin Surges 22% Amid Rumors of Google Partnership and Oversold Bounce
Pi Coin Surges 22% Amid Rumors of Google Partnership and Oversold Bounce
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[TRADE_PLUGIN]PIUSDT,PIUSDT[/TRADE_PLUGIN]
PI News -
Pi coin experienced a sudden surge this week, peaking at a 22% gain—its highest in four weeks—following a steep 75% decline since mid-May. The rebound occurred as its RSI entered oversold territory, indicating technical buying. Unconfirmed rumors of potential high-profile partnerships, including speculation about Google's involvement, may have further fueled the rally.
Volatility remains a key characteristic. After briefly reaching $0.66, Pi pulled back to $0.55 amid broader market fluctuations. The token’s 40% rise from Sunday’s lows underscores its sensitivity to both technical factors and unverified news. Critics emphasize that sustained growth will require concrete network upgrades or confirmed corporate collaborations.
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