Ahmedradymansour
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Strong jump supported by the 'whales' 🐋🐳
This sharp rise is attributed to significant accumulation by whales, as one major investor transferred 70 million Pi coins from exchanges, contributing to a strong surge in price. Another investor bought 20 million Pi from the OKX exchange, adding significant momentum to the rise.
At the same time, individual investors also moved to purchase large quantities of Pi coins, driven by positive factors including the upcoming 'Consensus Summit' scheduled for mid-May, which is expected to be a new launching point for the coin's prices.
Leaked information also suggested the possibility of a major announcement on May 14 from the Pi team, which fueled market enthusiasm and increased the pace of buying, as rumors about a potential listing of the coin on the global 'Binance' platform grow, following a series of suspicious experimental transactions that ignited market excitement.
In a move aimed at supporting price stability after the token unlock period, the core Pi team has started accumulating large amounts of the coin from centralized exchanges, reflecting a desire to stabilize the market and protect the coin from sharp fluctuations.
Mining Pi Network on mobile... an easy way to profit from cryptocurrencies.
Pi Network price in dollars today
The price of Pi Network has increased by 30.52% in the last 24 hours, reaching $1.26, according to 'coinmarketcap' data.
The daily trading volume reached $1.28 billion, making it the biggest winner.
This sharp rise is attributed to significant accumulation by whales, as one major investor transferred 70 million Pi coins from exchanges, contributing to a strong surge in price. Another investor bought 20 million Pi from the OKX exchange, adding significant momentum to the rise.
At the same time, individual investors also moved to purchase large quantities of Pi coins, driven by positive factors including the upcoming 'Consensus Summit' scheduled for mid-May, which is expected to be a new launching point for the coin's prices.
Leaked information also suggested the possibility of a major announcement on May 14 from the Pi team, which fueled market enthusiasm and increased the pace of buying, as rumors about a potential listing of the coin on the global 'Binance' platform grow, following a series of suspicious experimental transactions that ignited market excitement.
In a move aimed at supporting price stability after the token unlock period, the core Pi team has started accumulating large amounts of the coin from centralized exchanges, reflecting a desire to stabilize the market and protect the coin from sharp fluctuations.
Mining Pi Network on mobile... an easy way to profit from cryptocurrencies.
Pi Network price in dollars today
The price of Pi Network has increased by 30.52% in the last 24 hours, reaching $1.26, according to 'coinmarketcap' data.
The daily trading volume reached $1.28 billion, making it the biggest winner.
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