Pi Coin Rallies Over 100% , What’s Fueling the Surge?

Pi Coin has caught the attention of the crypto community with a remarkable surge, climbing over 61% to reach $1.24 at the time of this report. Unlike most major digital assets that saw modest weekend gains of around 2-3%, Pi Coin broke the trend, securing the 16th position in the global cryptocurrency rankings.

This significant price recovery comes just weeks after the coin plummeted to an all-time low of $0.40, weighed down by market volatility and token unlock pressures. Since then, it has rebounded with impressive momentum, surprising both traders and analysts alike.