đ Pi Network Price Eyes $1 Breakout Amid Strong Pi Coin Whale Accumulation đ
Amid the broader crypto market rally, Pi Network price is showing strength with another 20% gains today, while breaking past convincingly above the $0.65 resistance level.
Market analysts believe that the next destination could be beyond $1 as the native crypto Pi Coin sees strong whale accumulation.
The Pi Network token has started to show significant movement on the charts, according to prominent analyst Moon Jeff. The cryptocurrency has successfully broken above the 0.65 micro resistance level, signaling a potential bullish trend.
Market watchers are now closely monitoring PIâs price action, with many anticipating the next milestone of $1. Interestingly, this Pi Coin target is very much possible as todayâs price pump comes along with 150% surge in daily trading volumes, shooting past $308 million.
Reports of crypto exchange Binance listing Pi Coin have gathered steam once again, which could serve as an additional catalyst for the altcoin.
A big exchange listing could provide huge liquidity to the cryptocurrency, raising the buying interest for Pi.
Furthermore, there were talks of the Pi Coin circulating supply shooting by 5 billion coins. However, a lot of them are moving out of centralized exchanges very quickly.
Also, the Pi Core Team has hinted at key announcements coming next week on May 14, brewing excitement within the community.