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Pi Network Set to Explode? $5 Price Target Eyed Before Consensus 2025

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Pi Network’s native token, $PI, is drawing fresh attention after a notable price rebound from the $0.50 support zone. Following a month of low volatility between $0.67 and $0.54, the recent movement suggests renewed momentum ahead of a major industry event.

Pro Trader Edge said the token’s sharp bounce was backed by substantial buying volume. The rising volume continuously increases investor confidence, while $0.65 represents the key resistance threshold for this market period.

This price level, described by analysts as the “Point of Control,” has recorded the highest trading activity since Pi’s launch. A confirmed breakout above $0.65 could trigger a more substantial rally, with technical targets pointing toward $0.85, $1.23, and $1.55.

Also Read: Cardano Price Set for Explosive Breakout as Analysts Predict Massive Bull Run

Core Team Activity and Upcoming Conference Drive Price Speculation

Analyst Dr. Altcoin has boldly predicted that $PI could reach $5 in the coming weeks. According to him, this surge could happen before the Consensus 2025 conference, where Pi Network’s founder is expected to speak publicly.

Dr. Altcoin mentioned two key factors supporting his prediction: rapid Know Your Business (KYB) verification approvals and expected decentralized applications based on Pi. These technological advancements create conditions that will boost adoption rates and drive up demand.

A substantial update shows that the Pi Network core team bought 48 million PI tokens during a recent acquisition. The core team purchased 48 million $PI tokens as an internal assurance show for stability maintenance and long-term adoption goals.

According to current market observations, prices for $PI tokens have reached $0.57. They demonstrated a 3.4 percent reduction during the last day, but have dropped by 14 percent during the last seven days. Current market observation continues since the $0.65 price point represents an essential obstacle for investors to monitor.

Conclusion

With rising investor interest, ecosystem developments, and a major appearance at Consensus 2025, market attention is now on whether $PI can break through and sustain new highs.

Also Read: Pi Network Set to Explode? $5 Price Target Eyed Before Consensus 2025

The post Pi Network Set to Explode? $5 Price Target Eyed Before Consensus 2025 appeared first on 36Crypto.

4h ago
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