The goal of reaching $1 is back in the spotlight 🌟
A wallet that's 2 months old and connected to a major exchange has shown new activity 📈, which is suggesting that the Pi Network (PI) could be listed soon! 📋
When activity from a wallet linked to a big exchange shows up, the yet - to - be - met demand on the exchange might boost the Pi Coin price forecast 📊.
On early Thursday trading, PI shot up by 15% 📈, landing it at the top of the "best crypto to buy" list 🥇. But since then, the momentum has cooled down a bit 📉.
After a hawkish - but - uncertain FOMC meeting 📢 and with an expected US - UK trade accord on the horizon 🤝, the market headwinds are easing, and PI seems ready to expand 🌱.
Moon Jeff, a well - known crypto researcher 👨💻, revealed that the Pi mainnet has a significant Stellar deposit wallet linked to an exchange 🔗.
Traders think these are signs that a listing is coming 🚪, even though neither the main exchange nor the Pi Network core team has made any announcements 🤐.
After its initial surge when the mainnet launched, Pi Coin might need a listing on a major exchange to break out of its downward trend 📉→📈.
Since its mid - April breakout, Pi Coin has had a hard time climbing 🏔️. It's currently 65% below the $1 target of its pattern 🎯.
This stagnation is mainly due to inflation 💰. Even though buyers are in control, the MACD line is moving sideways above the signal line 📊.
According to PiScan data 📊, supply is outpacing demand, with $151 million worth of tokens set to be unlocked in the next 30 days ⏳.
The RSI has climbed from the oversold level of 30 to 47 📈, which might indicate a change in momentum as it gets closer to the neutral level of 50 ⚖️.
The Pi Coin's ecosystem launch on May 14 📅 and its demonstration at Consensus 2025 🎉 could be very important. These events might showcase the Pi Network's ecosystem 🌐, changing its image from an inflating, speculative asset with limited use cases 📉 to something more valuable and practical 🌟.
With all these factors stacking up 📚, Pi Coin might break the $1 mark 💥 and approach the resistance levels of $1.40 and $1.70 💰!
⚠️Disclaimer⚠️
The content of the article above is for informational and entertainment purposes only 📚🎭! It is not financial advice, investment advice, or a solicitation to buy or sell any cryptocurrency 💰🚫. The cryptocurrency market is highly volatile and risky 📊⚡. Prices of Pi Coin and other cryptocurrencies can fluctuate wildly due to various factors such as market sentiment, regulatory changes, technological developments, and macro - economic conditions 🌍💥.
Past performance of Pi Coin or any other cryptocurrency is not indicative of future results 📉📈. Predictions about the price and potential listing of Pi Coin are speculative in nature 🤔🔮, and there is no guarantee that any of the scenarios mentioned in the article will actually occur 🤷♂️❌.
Before making any investment decisions related to Pi Coin or other cryptocurrencies, you should do your own thorough research, consult a qualified financial advisor 👨💼📋, and carefully consider your own financial situation, investment goals, and risk tolerance 💰🎯.
The author and the publisher of this article are not responsible for any losses or damages that you may incur as a result of relying on the information in this article 💔🚫. Use the information at your own risk! 💪⚠️
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