Why does the PI network rise today?
TL; D
- Although most of the currency market is green today, amid positive news on the American -Chinese trade war, Pi has emerged as one of the best artists.
- Perhaps the most famous reason behind this increase is a large humor published by the basic team on X.
It is safe to say that the PI price track was completely painful for a long time. Although the basic principle has wore its lowest level ever at $ 0.4, it was marked on April 5, it is still struggling to spread meaningful recovery.
Its price has failed to restore the momentum of most of the encryption market, as the largest ALTS increased impressive. Pi has spent the past seven days less than $ 0.6.
However, he finally recorded an impressive height on a daily scale. Its price increased by approximately 7 % in one of the most prominent green candles in about a month. Thus, the current price of $ 0.62 means that PI is now sitting at a peak for two weeks.
While one of the most likely reasons behind the price increase today can be attributed to the return of the total market, there is one other that made society speak.
The official x channel of the PI network, which includes more than $ 4.3 million followers, has led to the large “advertisement of the ecosystem”, which will be revealed next week.
The Pi Ecosystem advertisement will be released on May 14. Comment what will happen next! pic.twitter.com/5jn7m5mmd
PI (PPICORETEAAM) May 7, 2025
The team did not provide any other details, but speculation was rampant. A famous X user, often comments on things related to the Pi-MON JEFF- He said Binance was seen to simulate PI deposits and withdrawal, which may eventually lead to a list.
I remember that the world’s biggest encryption exchange made a vote in society a few months ago to determine whether its users want to see PI on its platform. The final results have been greatly supportive of the PI menu, but there is not much information on this topic since then.
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