🚀 Pi Network’s $PI Price Rising as Bullish Demand Grows
The price of Pi Network’s $PI token has been climbing steadily gaining +4.92% on Wednesday and showing signs of continued momentum. 📈
🔍 Why is this important?
CEX Withdrawals Increasing: More $PI tokens are being pulled from centralized exchanges (CEX).
This usually means investors prefer to hold PI long-term in private wallets, instead of keeping them on exchanges for quick selling.
Lower Supply on Exchanges: When tokens leave exchanges, the available supply for traders shrinks. This can create buying pressure, driving prices higher.
Community Growth: The Pi community is becoming more active, adding to demand and market confidence.
⚡ What it means for traders:
Rising withdrawals = stronger belief in PI’s future.
Less supply on exchanges = higher chance of price increases.
If momentum continues, $PI could attempt a major breakout in the coming weeks.
👉 In simple words: Investors are holding, supply is shrinking, and price is climbing.
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