After weeks of slow movement, the Pi Coin made a strong return, as more than 25 % jumped in just one day. The price has risen to $ 0.75 and is now sitting at $ 0.72, making it the best towers today’s performance. During the past 24 hours alone, the PI has risen about 30 %, with an increase of 52 % over the past 90 days.
The market shows strong signs of optimism, as analysts indicate a possible rise to one dollar if this momentum continues. Technical indicators also seem positive-SMA for 10 days (a simple average average) that just crossed, and the relative strength index (relative power index) indicates a bullish trend. The Pi Coin reached the highest weekly level of $ 0.78, which prompted the market ceiling to exceed $ 5 billion.
In addition to excitement, the PI network recently launched the PI ads network, giving developers a new way to earn money from their applications and increase PI use in the real world. This is seen as a big step towards building a stronger and more useful ecosystem.
However, not everything is smooth sailing. A main opening of 188 million PI icons It is expected in the next thirty days, according to Peskan. This can create the pressure pressure on the market. Also, while 87 % of society supports the Binance menu, the stock market has not yet taken action.
Even with the last launch of the Mainnet of the PI, the trading volume decreased by 44 %, indicating the interest of the mixed investor.
What next?
All eyes are on opening the next distinctive symbol and whether Binance and other major exchanges will be included. These events can play a major role in forming the future currency.
