The Pi Coin Will Explode? Test Transactions Suggest Major Exchange Listing

The $1 aim is back in focus as a 2-month-old wallet connected to a major exchange shows new activity, suggesting a Pi Network (PI) listing.

Untapped exchange demand may enhance Pi Coin price forecast when big exchange-linked wallet activity emerges.

An 15% rise in early Thursday trading put PI at the top of the “best crypto to buy” list, but momentum has since calmed.

As market headwinds ease after a hawkish-but-uncertain FOMC meeting and an expected US-UK trade accord, PI is poised for expansion.

Moon Jeff, a famous crypto researcher, said that the Pi mainnet has a significant exchange-linked Stellar deposit wallet.

Traders believe these steps are a precursor to a listing, even though neither the main exchange nor the Pi Network core team has spoken.

Pi Coin may require a large exchange listing to break out of its downward channel following its mainnet launch surge.

Pi Coin has struggled to rise after its mid-April breakout. It's 65% below the pattern's $1 goal.

This stagnation is mostly caused by inflation. The MACD line sidetrends above the signal line despite buyer domination.

Supply exceeds demand, with $151 million in tokens scheduled to unlock in the next 30 days, according to PiScan statistics.

RSI has climbed out of oversold territory at 30, to 47, suggesting a momentum change as it approaches neutral at 50.

Pi Coin's May 14 ecosystem launch and Consensus 2025 demonstration might be crucial.

These events may highlight the Pi Network's ecology, changing its image from an inflating, speculative asset with limited use case.

Pi Coin may breach $1 with these stacking catalysts and approach $1.40 and $1.70 resistance.

#pi #PiCoreTeam #BTCtrade #TradeStories #FOMCMeeting $BTC $ETH $SOL