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Cryptocurrency News Articles
Pi Coin (PI) Price Surges More Than 20% Today: Here's Why
Apr 12, 2025 at 08:15 pm
Pi Coin (PI) is turning heads today as its price surged over 23% in the past 24 hours, now trading at $0.7481
Here's a breakdown of why Pi Coin (PI) is seeing a triple-digit surge today, sending it into the Top 100 on CoinMarketCap.
What Happened
One of the main drivers behind the recent price surge is the Pi Network’s latest technological advancement — Satellite Mode. This innovative feature enables users to connect to the Pi Network, mine coins, and use apps without requiring an internet connection.
According to the information the recent buzz began first with a Binance Square community poll, where users were asked whether they’d like to see Pi Coin listed on the platform. The poll ran from February 17 to February 27, 2025, attracting almost 900,000 participants, with an overwhelming 86% voting in favor of listing PI.
Although Binance emphasized that poll results do not guarantee a listing, the massive show of support significantly boosted market sentiment. Speculation is also swirling around the possibility of an announcement on March 14 (Pi Day), a symbolic date for the project.
Looking at today’s price chart:
The price remained relatively flat through the night, but around 6:00 AM, a sharp upward trend began. Several consolidation points followed, yet each dip was met with strong buying pressure, pushing the price even higher.
This steady climb suggests also retail investor confidence and FOMO are playing strong roles, likely fueled additionally by:
Several news articles and social media posts highlighting the recent developments and community enthusiasm further contributed to the bullish momentum.
What’s Next
Pi Coin’s ecosystem is still in development, and it’s not officially listed on major exchanges yet. However, today’s rally underscores the power of community support and market psychology. If Binance follows through, a listing could significantly increase PI’s legitimacy and accessibility, potentially leading to further price growth.
It will be interesting to see how the story develops further and whether the community manages to push Binance into listing Pi Coin.
Disclaimer:info@kdj.com
The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research!
If you believe that the content used on this website infringes your copyright, please contact us immediately (info@kdj.com) and we will delete it promptly.
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