Pi Network Soars Ahead of Announcement on May 14 – Price Approaches 0.8 USD
Pi Network (PI) is experiencing a strong surge, trading around 0.75 USD, up over 16% in 24 hours, despite facing slight resistance just below the 0.80 USD mark. This upward momentum largely stems from FOMO sentiment, as the Pi team teases a major announcement on May 14.
The community hopes this could be information regarding a major exchange listing such as Binance or an important advancement related to the Mainnet launch.
Previously, on May 2, Pi updated to allow KYC users to activate their Mainnet wallets, alongside supporting wallet creation for new users – indicating they are preparing thoroughly for the global network launch phase.
Technically, the SuperTrend signal has turned green, confirming the upward trend. However, the 0.77 region may exert short-term profit-taking pressure. If PI surpasses 0.80 USD, it is likely to enter a new rally.
The announcement on May 14 could be a crucial catalyst for the next explosive wave.
