Pi will pump or dump?
Pi Coin (PI) is experiencing significant attention today, May 14, 2025, as it trades around $1.17, marking a 4.46% increase. This surge is largely attributed to the anticipation surrounding Pi Network's announcement at Consensus 2025, where co-founder Dr. Nicolas Kokkalis is expected to reveal major updates, including potential exchange listings and ecosystem partnerships .
The recent price action has been notable, with PI reaching $1.32 earlier today, reflecting a strong recovery from its April low of $0.40 . Analysts suggest that if the upcoming announcements meet community expectations, PI could retest its previous high of $2.98 achieved in February .
However, it's important to approach with caution. The crypto market is known for its volatility, and while the current momentum is promising, unforeseen factors could influence price movements. Investors should stay informed and consider risk management strategies when engaging with PI.