Pi Network (PI) Price Surges Over 9%, But Mainnet Access, Utility Concerns Linger
- Pi Network (PI) token price surged over 9%, hitting $0.85 before settling near $0.7993.
- PI shows technical breakout but faces hurdles: mainnet/KYC issues, lack of top listings.
- Coincodex predicts PI at $1.51-$1.76 EOY 2025, but utility, ecosystem concerns linger.
Pi Network’s native cryptocurrency, PI, has captured fresh attention after a notable price surge. The coin climbed over 9% in 24 hours, hitting a peak of $0.8500 before consolidating near $0.7993.
This movement shows strong bullish momentum for PI, particularly in a market where most other altcoins remain sluggish. Despite the rise, however, many uncertainties still cloud PI’s long-term outlook. These range from the availability of PI on major exchange listings to the coin’s actual utility and ongoing mainnet access issues for users.
Related: Pi Network Token Unlock Impact: PI Price Tumbles, $7.6B Market Cap Tested
PI Token Shows Bullish Breakout from Sideways Action; Key Levels Eyed
The latest one-day chart shows a decisive bullish breakout following a week of sideways price action. After bouncing off a strong support zone near $0.7350, the coin climbed rapidly. The rally broke minor…
The post Pi Network (PI) Price Surges Over 9%, But Mainnet Access, Utility Concerns Linger appeared first on Coin Edition.
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Pi Network (PI) Price Surges Over 9%, But Mainnet Access, Utility Concerns Linger
- Pi Network (PI) token price surged over 9%, hitting $0.85 before settling near $0.7993.
- PI shows technical breakout but faces hurdles: mainnet/KYC issues, lack of top listings.
- Coincodex predicts PI at $1.51-$1.76 EOY 2025, but utility, ecosystem concerns linger.
Pi Network’s native cryptocurrency, PI, has captured fresh attention after a notable price surge. The coin climbed over 9% in 24 hours, hitting a peak of $0.8500 before consolidating near $0.7993.
This movement shows strong bullish momentum for PI, particularly in a market where most other altcoins remain sluggish. Despite the rise, however, many uncertainties still cloud PI’s long-term outlook. These range from the availability of PI on major exchange listings to the coin’s actual utility and ongoing mainnet access issues for users.
Related: Pi Network Token Unlock Impact: PI Price Tumbles, $7.6B Market Cap Tested
PI Token Shows Bullish Breakout from Sideways Action; Key Levels Eyed
The latest one-day chart shows a decisive bullish breakout following a week of sideways price action. After bouncing off a strong support zone near $0.7350, the coin climbed rapidly. The rally broke minor…
The post Pi Network (PI) Price Surges Over 9%, But Mainnet Access, Utility Concerns Linger appeared first on Coin Edition.
Read More