Pi Network’s Potential Binance Listing Sparks 135% Price Surge Speculation
Pi Network’s price has experienced a significant surge, rising over 80% from its April lows and breaking through the crucial $0.74 resistance level. This bullish momentum is supported by technical indicators and growing investor optimism, particularly around rumors of a Binance listing and potential token burn mechanisms. As of April 14, 2025, the token trades at $0.7494, marking its highest value since March 31.
Pi Network Price Could Jump 135% Soon After Significant Surge
Pi Network’s price has surged over 80% from April lows, crossing the key $0.74 resistance level. Bullish technical indicators, including MACD crossover, a rising RSI (64.41), and increasing histogram bars, suggest continued upside momentum. Investor sentiment has been boosted by speculation of a Binance listing and token burn hopes. The token currently trades at $0.7494, its highest since March 31, despite broader crypto market steadiness amidst trade wars.
Bitcoin Hits $85K, Will Bulls Push Toward $97K Next?
Bitcoin surged to an all-time high of $85,000 on April 14 before easing off. There was a 15.8% rise in Binance open interest, which rose by $1.2 billion over 24 hours. Bitcoin is resistance between $96,000 to $84,000, suggesting possible continuation on an upswing. The cryptocurrency continued its upward trajectory over the weekend, briefly hitting a record high before a slight pullback as investors locked in profits. Attention now shifts to the psychological barrier at $97,000. Analysts argue that a breakout above it could confirm a new bullish phase for BTC. However, if Bitcoin fails to breach it, the crypto could remain stuck within its current trading zone, limiting future gains in the short term.
Mantra (OM) Token Crashes 90% Due to Forced Exchange Liquidations
The price of Mantra’s OM token plunged over 90% on Apr. 13, falling from around $6.30 to below $0.50 within hours. Mantra CEO JP Mullin claims the sharp drop was caused by forced liquidations triggered by centralized exchanges during low-liquidity hours on Sunday evening UTC. Mullin clarified that the sell-off was not due to any token sales by the Mantra team or its investors and that OM tokens remain locked according to the project’s vesting schedule. He reaffirmed the project’s long-term commitment and called for continued support from the community.