The Pi Network has seen renewed attention amid speculation of an upcoming Binance listing. Although no official confirmation has been issued by Binance, activity around the token—particularly a sudden increase of 5 billion PI coins added to the circulating supply—has sparked interest.
This spike has driven $PI’s circulating supply from 7 billion to 12 billion, despite centralized exchanges and CoinMarketCap still reflecting the older data. The additional tokens are believed to originate from a liquidity pool, possibly in preparation for a major exchange listing.
This move could indicate that the Pi Network team is aligning its infrastructure to meet listing requirements, especially with Binance in focus.
Recent trading data shows that $PI’s price jumped 30% over the past day, signaling bullish sentiment and renewed momentum, which aligns with the broader crypto market’s upward trend. Daily trading volume also surged by 166%, with the token now priced around $0.96.
Some observers believe the increased supply could stem from unlocked or unstaked coins, particularly after KYC completion, while others consider it a backend update to accommodate future liquidity needs.
Despite conflicting theories, the spike in supply without a formal announcement suggests significant developments are underway. A major event scheduled for May 14th, is expected to bring more clarity, with core team members set to speak about future plans for the PI ecosystem.
Source – Jacob Crypto Bury on YouTube
PI Coin Price Prediction
The market has shown signs of short liquidations, potentially creating a deceptive rally or bull trap. PI coin is also extremely overbought on the 4-hour chart, increasing the risk of a correction. A pullback to the $0.70 is possible before any sustainable move upward can continue.
In the shorter timeframes, a breakdown of support within a symmetrical triangle pattern adds further uncertainty, although a modest recovery may follow. The broader sentiment around $PI remains cautiously optimistic.
Until the price decisively breaks through the $0.97 resistance, forming a new support layer, the trend remains vulnerable to rejection. For now, PI coin appears to be caught between brief upward surges and persistent technical resistance, with its future path largely dependent on gaining stronger market momentum.
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