🛑 After months of sluggish, bearish movement, Pi has finally broken past the $1 mark, a psychological and technical barrier that many thought it wouldn't reach again anytime soon. This shift marks a notable change in sentiment and could signal the beginning of a broader upward trend.
The sudden 📈 surge comes just ahead of a much-anticipated announcement 📢 scheduled for May 14 from the Pi Core Team, fueling speculation around a potential mainnet update or even Open Mainnet launch. The timing suggests that insiders or early speculators might be positioning themselves ahead of a big reveal.
Can Pi reach $2 again? It’s possible, but that hinges on the nature of the May 14 announcement. If the Core Team delivers concrete steps toward utility, accessibility, or open mainnet functionality, momentum could build fast. However, if the update is vague or fails to meet expectations, this rally might fizzle just as quickly.
Bottom line: Pi crossing $1 is a bullish signal, but sustainability depends on substance. All eyes are now on May 14.