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Pi Network Surges 12%—Is $1 in Sight? Top Altcoins to Watch Now

Pi Network Surges 12%—Is $1 in Sight? Top Altcoins to Watch Now

Author:
Tronweekly
Published:
2025-05-21 18:14:20
20
1

Pi Network’s sudden rebound has traders buzzing—can this rally push PI past the psychological $1 mark within days? The 12% spike smells like classic crypto volatility, but momentum chasers are already piling in.

Meanwhile, savvy investors are scanning the altcoin trenches for the next breakout play. Forget ’fundamentals’—this is a casino where memecoins and vaporware regularly outpace real projects. Just ask the guys still holding bags from the last bull run.

Pro tip: If a token’s whitepaper uses the word ’paradigm’ more than twice, short it immediately.

Pi Network

Pi Network (PI) has seen its price fluctuate unpredictably on launch, as early excitement quickly gave way to sharp corrections that were then met with renewed investor interest. 

Although the rollercoaster performance kept Pi in the spotlight, the token’s price declined as investor enthusiasm waned over the next few months.

However, the combination of the broader market’s current bullish sentiment and positive developments surrounding PI Network has seen its price explode since. 

Can PI continue its strong momentum or do other altcoins offer more potential?

Pi Network’s Ambitious Goals Could Help It Surge Further as Adoption Grows 

Envisioned as a project that will introduce new retail investors to the market by making its token easy to mine using just a smartphone, Pi Network intends to create a vibrant and utility-driven digital economy.

After spending six years in development, Pi Network saw its public mainnet launch in February 2025, with its token, PI, entering the market valued at approximately $1.24. 

Experiencing high volatility, the token plunged to $0.66 just a day after its launch, only to reach its ATH of $2.98 in the same week. However, its price took a sharp downward turn since then, sliding under $1 after it lost critical support at that level in late March.

Despite the two-month-long dip, Pi Network created a shockwave in the market when it unveiled its Pi Network Ventures launch earlier this month. The announcement of the $100 million initiative, designed to encourage startups and established businesses to integrate PI into their products and services, saw the token’s price skyrocket above $1.5.

Although the introduction of Pi Network Ventures saw PI grow by over 146% that week, the token dipped below the $0.7 mark by May 17th. That’s likely because the long-anticipated MOVE to a more decentralized ecosystem hasn’t been made yet.

According to Lord Drey, a crypto expert, Pi Network is currently “extremely centralized”, with the project’s core team currently holding 89 billion PI out of the total 100 billion tokens. However, the expert believes that PI can see significant growth as it gradually adopts decentralization and embraces open-source transparency.

Technical analyst Moon Jeff believes PI is on track to reach a new ATH, expecting it to burst past the $1 mark in the short term and climb above $3.2 in the long run.

I have seen this chart before. $PI has a programmed chart.
The pattern will definitely rhythm. .
I am even more bullish than ever. #PiNetwork pic.twitter.com/X2pC1mmV1C

— MOON JEFF 🪐 (@CRYPTOAD00) May 20, 2025

The analyst highlighted that increasing whale activity could push the token’s price upward if momentum is sustained. 

PI’s current Relative Strength Index (RSI) of 49.96 supports the bullish sentiment, as it is a long way from reaching overbought territory, which often indicates there’s room for rapid growth.

However, one altcoin that could be poised for even bigger gains is Best Wallet Token, which is seeing huge inflows into its presale.

Best Wallet Token Presale Surpasses $12.5M Raised – Best Altcoin to Buy Now?

As the upcoming native token of Best Wallet, which is one of the fastest growing crypto apps, Best Wallet Token is generating positive forecasts and bringing in millions of dollars in presale investment.

Best Wallet has quickly become one of the most popular Web3 wallets, offering complete anonymity, all major chains, a built-in DEX and even a crypto launchpad.

BEST token will provide users with several perks, including lower transaction fees, higher staking annual returns, and governance rights.

Presale expert Alessandro De Crypto believes the token has a solid chance to outperform established tokens, potentially including PI, anticipating a 100x surge for BEST on launch. It’s presale has raised over $12.5 million so far with the token launch expected later this year.

Since BEST’s per-token price will only increase as the presale reaches funding milestones, its current price of $0.025055 represents an attractive entry point, making this an ideal time to invest.

By giving investors a chance to invest in the fastest growing crypto wallet early, BEST could generate presale buyers considerable returns when it lists on exchanges in the NEAR future.

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