Pi Coin Price Explosion: Is the $10 Target Back on the Table?
In the often noisy world of crypto, Pi Coin (PI) has been making quiet but powerful moves—now loud enough to catch the attention of investors across the globe. After a period of sideways action, recent price momentum combined with whale accumulation has reignited bullish sentiment.
Whale Activity Spikes: On-Chain Metrics Reveal Accumulation
According to on-chain data, the number of wallets holding 100,000+ PI has surged significantly in the past 24 hours—growing nearly 60%. This signals that whales and large investors are positioning ahead of a potential rally.
This isn’t a random pump. Prominent Twitter analysts suggest this may be the early stage of a larger accumulation phase, pointing to broader ecosystem development and strategic positioning ahead of the anticipated mainnet launch.
Technical Analysis: Classic Breakout Formation Appears
At the time of writing, Pi Coin is trading around the $1.50 zone—a critical resistance level that has historically been difficult to break. The daily chart reveals a textbook “cup and handle” formation, a bullish setup that often precedes strong upward breakouts.
If PI manages to hold above the $1.50 level, short-term targets between $1.70 and $1.95 could come into play. However, sustained volume and new user inflow are essential to support this move.
Ecosystem Heating Up: Mainnet and dApp Launches in Focus
Beyond price action, the Pi Network ecosystem is showing tangible signs of progress. Developers are actively building, with new partnerships and decentralized applications (dApps) entering the scene. These ecosystem developments hint that Pi Coin is moving beyond hype and toward real-world utility.
Platforms like Twitter, Reddit, and Discord are witnessing a spike in conversations around Pi Coin. The hashtags #PiNetwork and #PiCoin have been trending, suggesting a resurgence of interest among global retail investors and community members.