{"id":26178,"date":"2025-05-11T05:18:07","date_gmt":"2025-05-11T05:18:07","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=26178"},"modified":"2025-05-11T05:18:07","modified_gmt":"2025-05-11T05:18:07","slug":"pi-networks-price-skyrockets-by-33-to-1-whats-going-on-with-pi","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=26178","title":{"rendered":"Pi Network\u2019s Price Skyrockets by 33% to $1, What\u2019s Going On With PI?"},"content":{"rendered":"<div>\n<p><strong>TL;DR<\/strong><\/p>\n<ul>\n<li>Following several months of depressed price movements, including an all-time low, PI\u2019s token has gone on a roll in the past week.<\/li>\n<li>On a daily scale alone, the asset is up by more than 30%, begging the question what\u2019s driving this spectacular pump.<\/li>\n<\/ul>\n<p><a href=\"http:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/04\/PI_CB-14.jpg\" data-wpel-link=\"internal\"><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-full wp-image-392934\" src=\"http:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/04\/PI_CB-14.jpg\" alt=\"\" width=\"1201\" height=\"720\" srcset=\"https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/04\/PI_CB-14.jpg 1201w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/04\/PI_CB-14-300x180.jpg 300w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/04\/PI_CB-14-1024x614.jpg 1024w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/04\/PI_CB-14-768x460.jpg 768w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/04\/PI_CB-14-50x30.jpg 50w\" sizes=\"auto, (max-width: 1201px) 100vw, 1201px\"><\/a><\/p>\n<p>It was just over a month ago when PI plunged to $0.4, which became the aforementioned ATL, amid massive token unlocks, market uncertainty, and FUD against the project behind it.<\/p>\n<p>It bounced off in the following weeks but still remained in a tight range around $0.6. PI finally shot above that level at the end of last week, <a href=\"https:\/\/cryptopotato.com\/pi-network-pi-soars-by-20-daily-is-a-1-comeback-incoming\/\" data-wpel-link=\"internal\">gaining<\/a> 20% daily on Friday. Naturally, such moves attract people\u2019s attention, and analysts and popular commentators started providing big price predictions of $1 and all the way to $5.<\/p>\n<p>Interestingly, the smaller target was reached earlier today when PI soared by 35% at one point and tapped $1 for the first time in close to two months. On a weekly scale, the asset has soared a mind-blowing 64%.<\/p>\n<figure id=\"attachment_396099\" aria-describedby=\"caption-attachment-396099\" style=\"width: 1267px\" class=\"wp-caption aligncenter\"><a href=\"http:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/05\/Screenshot-2025-05-11-080214.png\" data-wpel-link=\"internal\"><img loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-396099\" src=\"http:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/05\/Screenshot-2025-05-11-080214.png\" alt=\"PI Token Price. Source: CoinGecko\" width=\"1267\" height=\"638\" srcset=\"https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/05\/Screenshot-2025-05-11-080214.png 1267w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/05\/Screenshot-2025-05-11-080214-300x151.png 300w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/05\/Screenshot-2025-05-11-080214-1024x516.png 1024w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/05\/Screenshot-2025-05-11-080214-768x387.png 768w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/05\/Screenshot-2025-05-11-080214-50x25.png 50w\" sizes=\"auto, (max-width: 1267px) 100vw, 1267px\"><\/a><figcaption id=\"caption-attachment-396099\" class=\"wp-caption-text\">PI Token Price. Source: CoinGecko<\/figcaption><\/figure>\n<p>There\u2019s no evident reason behind this surge besides a possible hype growing from an upcoming announcement set for next week (May 14). As <a href=\"https:\/\/cryptopotato.com\/why-is-pi-networks-price-up-today\/\" data-wpel-link=\"internal\">reported<\/a> before, there are speculations about a big exchange listing, perhaps on Binance.<\/p>\n<p>Another possibility could again be linked to a hype rally as one of Pi Network\u2019s founders, Dr. Nicolas Kokkalis, is <a href=\"https:\/\/x.com\/PiNewsMedia\/status\/1921210719804035433\" data-wpel-link=\"external\" target=\"_blank\">expected<\/a> to speak at this years large crypto conference \u2013 Consensus, which is also taking place next week (May 14 \u2013 16) in Toronto.<\/p>\n<p>Moon Jeff, an analyst frequently talking about PI, noted that many \u201cunknown entities,\u201d including BANXA, continue to accumulate Pi Network\u2019s token, which could also be a culprit for price increases. However, his information remains unverified.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p dir=\"ltr\" lang=\"en\">BANXA is buying millions of <a href=\"https:\/\/twitter.com\/search?q=%24PI&amp;src=ctag&amp;ref_src=twsrc%5Etfw\" data-wpel-link=\"external\" target=\"_blank\">$PI<\/a><br \/>\nPCT is buying back.<br \/>\nUnknown entities are accumulating millions of <a href=\"https:\/\/twitter.com\/search?q=%24PI&amp;src=ctag&amp;ref_src=twsrc%5Etfw\" data-wpel-link=\"external\" target=\"_blank\">$PI<\/a>.<br \/>\nExchange withdrawals are more than deposits.<\/p>\n<p>And you are selling your coins? Okay let\u2019s see who will win at the end. <a href=\"https:\/\/twitter.com\/hashtag\/PiNetwork?src=hash&amp;ref_src=twsrc%5Etfw\" data-wpel-link=\"external\" target=\"_blank\">#PiNetwork<\/a><\/p>\n<p>\u2014 MOON JEFF (@CRYPTOAD00) <a href=\"https:\/\/twitter.com\/CRYPTOAD00\/status\/1921252236811751784?ref_src=twsrc%5Etfw\" data-wpel-link=\"external\" target=\"_blank\">May 10, 2025<\/a><\/p>\n<\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>The post <a href=\"https:\/\/cryptopotato.com\/pi-networks-price-skyrockets-by-33-to-1-whats-going-on-with-pi\/\" rel=\"nofollow\">Pi Network\u2019s Price Skyrockets by 33% to $1, What\u2019s Going On With PI?<\/a> appeared first on <a href=\"https:\/\/cryptopotato.com\/\" rel=\"nofollow\">CryptoPotato<\/a>.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>TL;DR Following several months of depressed price movements, including an all-time low, PI\u2019s token has gone on a roll in the past week. On a daily scale alone, the asset is up by more than 30%, begging the question what\u2019s driving this spectacular pump. It was just over a month ago when PI plunged to [&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-26178","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\/26178","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=26178"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/26178\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=26178"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=26178"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=26178"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}