Pi Coin skyrocketed 218%, hitting $1.2! Retail investors FOMO, whales are watching, is this wave about to take off?

Pi Coin has been surging like it's on steroids! Since early May, the price has skyrocketed 218%, briefly breaking $1.27, causing a market frenzy. Although it has slightly corrected to $0.93, analysts point out that as long as it holds the support level of $0.8, Pi Coin could make a comeback at any time, aiming for $1.2!

Crypto analyst MOON JEFF stated that the trend for Pi Coin is strong, coupled with continuous positive news, and May is expected to conclude explosively.

Why did it suddenly explode?

Trading volume skyrocketed by 558%, with retail investors rushing in.

At one point, the increase exceeded 61%, ranking second on the hot list, only behind Bitcoin.

Market speculation: A mysterious platform may launch Pi Coin, with concentrated positive news heating up.

The team has also announced a $100 million investment plan to promote the practical application of the Pi ecosystem.

Community enthusiasm has surged, with many investors positioning themselves early to benefit from this wave of positive news. There are also rumors that the official will unlock over 270 million Pi tokens and consider burning some tokens to tighten supply and raise expectations.

From $0.4 to now multiple times over, Pi has proven it is not just a hollow project relying on a white paper. And the current correction may just be a preparation for the next wave of takeoff.

Final statement:

This time, Pi Coin is really going to do something big; is it a highlight moment or a FOMO trap? Rush in or wait, it's your choice!