Pi Network Jumps 45.3% Today: Real Deal or Just a Pump?
Pi Network (PI) shot up 45.3% today, hitting $0.6534 against USDT. It dropped hard from $0.7970 to $0.4000 earlier, but now it’s climbing back with solid volume—$324M worth traded. The chart looks promising with moving averages trending up, but is this legit?
I’m not so sure. Pi’s had a rough month, down 80% recently, and folks on X are calling this a possible “exit pump”—a scam to trap buyers. There’s no big news like a major exchange listing to back this up. It feels more like a pump-and-dump than a real recovery.