#CryptoComeback
Pi Coin Jumps 41% as Major Announcement Looms — $1.10 Target in Sight?
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Pi Network (PI) surged 41% to $0.78 — its highest since April 12 — while 24h volume exploded 170% to $353M. This breakout mirrors the broader crypto rally as Bitcoin and altcoins push the total market cap past $3.25T.
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🔍 What’s Driving the Hype?
🗓️ A major announcement is expected on May 14 during the Consensus event in Toronto, where founder Nikkolas Kokkalis will speak.
💼 Possible reveals:
🤝 Partnership with a major company
💸 Developer ecosystem fund
📈 Tier-1 exchange listing
♻️ Token burn
📦 On-chain activity: 84M PI transferred to a mysterious address — likely tied to liquidity prep or a burn event.
🔁📥🕵️
📐 Chart Watch:
A clear cup-and-handle formation on the 8h chart indicates a bullish continuation, with price potentially aiming for $1.10 — a 41% upside from current levels.
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#PiNetwork #picoin #altcoins #CryptoNewss #Bitcoin❗ #BinanceSquare #TokenBurn #ExchangeListing