Pi Network Poised for Major Price Surge Amid Whale accumulation
Pi network appears set for a meaningful price boost. One large investor, or whale, has been quietly snapping up Pi tokens, hinting at a bullish future.
Pi Coin (PI) currently trades at $0.3565. This price is significantly lower than its peak earlier this year but suggests imminent growth.
A mystery whale has accumulated 376.9 million Pi tokens, valued at over $134 million. Their motives remain unclear,sparking speculation about potential insider knowlege. This could indicate upcoming improvements, like a token burn.
Another possibility is an executive from a big crypto exchange planning to list Pi. Historically, token prices soar following listings on platforms like Upbit, Binance, adn Coinbase. Recent examples include Redstone (RED), Story, Omni, and Ethena.
Simultaneously, Pi’s advancement team works on upgrading to Stellar’s protocol 23. They’ve launched Testnet 1, signaling progress.
Technical analysis supports a bullish outlook. the Pi Coin price daily chart forms a symmetrical triangle and double-bottom pattern. If these trends hold, Pi could reach $1.
Yet caution is advised. A drop below $0.3300 would invalidate this bullish scenario.
