The PI Network is currently down over 28% and is trading at $0.84. However, the price recently rose to $1.56 before hitting a reversal. Despite the current downtrend, technical indicators still paint a bullish picture for the PI Network's price action. The token recently broke above the 50-day moving average. It has also risen to exceed the Bollinger Bands, which is a signal that typically indicates increased volatility and strong upward momentum. Despite falling from its earlier high of $3, the token is steadily reclaiming ground. On platforms like Coingecko, the 7-day performance of the PI Network has risen by 151%. However, the PI Network is set to unlock 275 million tokens in the next thirty days. On May 15, 12.8 million tokens will be unlocked. Today was a big day for the PI Network community as the project's CEO spoke at the Consensus Forum in Canada. For weeks, pioneers have been looking forward to this event in hopes of getting big news - especially a major exchange listing. Although the listing on top exchanges like Binance has not happened, the event still brought some important updates that could help shape the future of the PI Network. The CEO emphasized during the consensus presentation that PI Ventures is not just about financial investment - it’s about providing startups with direct access to the large user base of PI. With over 19 million users already verified and active in 200 countries, any startup that partners with PI Ventures gains immediate exposure to a global and verified audience. This user base advantage, alongside financial support, gives these startups a competitive edge, enhancing the feedback loop for adoption and innovation within the PI ecosystem. In the future, PI enthusiasts hope that these strategic moves will eventually open doors for major exchange listings. Although this milestone has not been reached today, it seems that the organization is focused on building the necessary infrastructure and utility for PI to attract serious interest in the broader cryptocurrency market.

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