Pi Coin Rockets 130% on Rumors of Pending Major Development Update

BTCC / BTCC Square / Global Cryptocurrency /

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2025-05-12 17:02:13

[TRADE_PLUGIN]PIUSDT,PIUSDT[/TRADE_PLUGIN] PI News -

Pi Coin has made a spectacular rebound, surging 130% in the past week and briefly pushing its market cap above $10 billion. The token’s rally seems fueled by speculation about an upcoming announcement from its development team, rather than general market optimism.

After peaking NEAR $1.60, Pi stabilized around $1.30—still marking a 40% gain in just 24 hours. The movement reflects classic FOMO behavior, with traders rushing in ahead of anticipated news. While most cryptocurrencies benefit from improving macroeconomic conditions, Pi’s outperformance points to coin-specific catalysts driving the action.

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