{"id":19503,"date":"2025-03-28T06:16:46","date_gmt":"2025-03-28T06:16:46","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=19503"},"modified":"2025-03-28T06:16:46","modified_gmt":"2025-03-28T06:16:46","slug":"pi-token-jumps-while-crypto-market-bleeds-whats-fueling-its-sudden-surge","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=19503","title":{"rendered":"PI Token Jumps While Crypto Market Bleeds \u2013 What\u2019s Fueling its Sudden Surge?"},"content":{"rendered":"<div>\n<p><strong>TL;DR<\/strong><\/p>\n<ul>\n<li>Pi Network\u2019s native token has defied the overall crypto market trend today as its price has risen by 4% since yesterday and has defended the $0.8 support.<\/li>\n<li>PI\u2019s community quickly picked up the positive price actions, which came after weeks of consecutive retracements, and outlined bullish predictions.<\/li>\n<\/ul>\n<p><a href=\"https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/03\/PI_CB-3-1.jpg\" data-wpel-link=\"internal\"><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-full wp-image-387221\" src=\"https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/03\/PI_CB-3-1.jpg\" alt=\"\" width=\"1201\" height=\"720\" srcset=\"https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/03\/PI_CB-3-1.jpg 1201w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/03\/PI_CB-3-1-300x180.jpg 300w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/03\/PI_CB-3-1-1024x614.jpg 1024w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/03\/PI_CB-3-1-768x460.jpg 768w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/03\/PI_CB-3-1-50x30.jpg 50w\" sizes=\"auto, (max-width: 1201px) 100vw, 1201px\"><\/a><\/p>\n<p>Less than a week after its official launch on February 20, PI <a href=\"https:\/\/cryptopotato.com\/pi-network-pi-explodes-by-35-daily-reaching-a-new-ath-is-the-bull-run-just-starting\/\" data-wpel-link=\"internal\">skyrocketed<\/a> to a fresh all-time high at $3 on February 26. However, its momentum quickly evaporated, and the asset went south hard.<\/p>\n<p>In the following month, PI <a href=\"https:\/\/cryptopotato.com\/pi-networks-pi-hits-monthly-low-breakdown-or-breakout-coming\/\" data-wpel-link=\"internal\">plunged<\/a> by over 70% and dumped to under $0.75, which many analysts highlighted as an important support zone that could lead to a price reversal.<\/p>\n<p>This seems to be the case so far, as PI has risen by over 14% since that local bottom. On a daily scale alone, the asset is up by 4.1%, according to data from CoinGecko.<\/p>\n<figure id=\"attachment_389685\" aria-describedby=\"caption-attachment-389685\" style=\"width: 1284px\" class=\"wp-caption aligncenter\"><a href=\"https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/03\/Screenshot-2025-03-28-075812.png\" data-wpel-link=\"internal\"><img loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-389685\" src=\"https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/03\/Screenshot-2025-03-28-075812.png\" alt=\"PI Token Price. Source: CoinGecko\" width=\"1284\" height=\"688\" srcset=\"https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/03\/Screenshot-2025-03-28-075812.png 1284w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/03\/Screenshot-2025-03-28-075812-300x161.png 300w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/03\/Screenshot-2025-03-28-075812-1024x549.png 1024w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/03\/Screenshot-2025-03-28-075812-768x412.png 768w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/03\/Screenshot-2025-03-28-075812-50x27.png 50w\" sizes=\"auto, (max-width: 1284px) 100vw, 1284px\"><\/a><figcaption id=\"caption-attachment-389685\" class=\"wp-caption-text\">PI Token Price. Source: CoinGecko<\/figcaption><\/figure>\n<p>Although 4% doesn\u2019t sound like much, especially when considering its overall crash in the past month, it\u2019s particularly impressive given the fact that almost the entire crypto market is in the red today. BTC is down below $86,000 once again, while alts such as DOGE, LINK, SHIB, DOT, APT, and ICP have dropped by over 5%.<\/p>\n<p>PI\u2019s growing community praised the price reversal, and some <a href=\"https:\/\/x.com\/Olu_PiNetwork\/status\/1905147654805541130\" data-wpel-link=\"external\" target=\"_blank\">projected<\/a> an immediate surge to $1.2. Others <a href=\"https:\/\/x.com\/PNCoreTeam\/status\/1905477615718137936\" data-wpel-link=\"external\" target=\"_blank\">highlighted<\/a> the growing trading volume, which could be considered a good sign as well in an environment of low activity in the broader market.<\/p>\n<p>Perhaps what\u2019s most bullish in regards to PI\u2019s price movements is the fact that the token\u2019s exchange deposits have slowed down to roughly a million, compared to the massive numbers registered over the past month.<\/p>\n<p>At one point, there were over 300 million PI tokens <a href=\"https:\/\/cryptopotato.com\/why-is-pi-tokens-price-down-today-as-market-rebounds\/\" data-wpel-link=\"internal\">transferred<\/a> to centralized exchanges, which increases the selling pressure immediately.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p dir=\"ltr\" lang=\"en\"><a href=\"https:\/\/twitter.com\/search?q=%24PI&amp;src=ctag&amp;ref_src=twsrc%5Etfw\" data-wpel-link=\"external\" target=\"_blank\">$PI<\/a> exchanges deposits are finally slowing down.<br \/>\nIn the last 24 hours only 1M <a href=\"https:\/\/twitter.com\/search?q=%24PI&amp;src=ctag&amp;ref_src=twsrc%5Etfw\" data-wpel-link=\"external\" target=\"_blank\">$PI<\/a> was deposited.<br \/>\nThe biggest transfer was exchanges to exchange (Bitget to GATE)<\/p>\n<p>If the trend continues we will see the exchange supply start to reduce and eventually pump the price.<a href=\"https:\/\/twitter.com\/hashtag\/PiNetwork?src=hash&amp;ref_src=twsrc%5Etfw\" data-wpel-link=\"external\" target=\"_blank\">#PiNetwork<\/a> <a href=\"https:\/\/t.co\/CbWAHDs9om\" data-wpel-link=\"external\" target=\"_blank\">pic.twitter.com\/CbWAHDs9om<\/a><\/p>\n<p>\u2014 MOON JEFF (@CRYPTOAD00) <a href=\"https:\/\/twitter.com\/CRYPTOAD00\/status\/1905378168099242377?ref_src=twsrc%5Etfw\" data-wpel-link=\"external\" target=\"_blank\">March 27, 2025<\/a><\/p>\n<\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>Certain positive developments are also happening in the Pi Network ecosystem, such as Telegram wallet integration for PI. You can find more on the matter in our frequent <a href=\"https:\/\/cryptopotato.com\/pi-network-pi-news-today-march-27\/\" data-wpel-link=\"internal\">Pi Network News section<\/a>.<\/p>\n<p>The post <a href=\"https:\/\/cryptopotato.com\/pi-token-jumps-while-crypto-market-bleeds-whats-fueling-its-sudden-surge\/\" rel=\"nofollow\">PI Token Jumps While Crypto Market Bleeds \u2013 What\u2019s Fueling its Sudden Surge?<\/a> appeared first on <a href=\"https:\/\/cryptopotato.com\/\" rel=\"nofollow\">CryptoPotato<\/a>.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>TL;DR Pi Network\u2019s native token has defied the overall crypto market trend today as its price has risen by 4% since yesterday and has defended the $0.8 support. PI\u2019s community quickly picked up the positive price actions, which came after weeks of consecutive retracements, and outlined bullish predictions. Less than a week after its official [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-19503","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/19503","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=19503"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/19503\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=19503"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=19503"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=19503"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}