Why Is PI Price Up Today?
Pi Network $PI is trading at $0.2111, posting a 1.73% gain in the last 24 hours, as renewed market interest and rising activity push the token higher. PI’s market capitalization has reached $1.76B, reflecting a 2.15% increase, while 24-hour trading volume surged nearly 20% to $20.49M, a strong signal of short-term demand returning to the asset.
One of the main drivers behind today’s price movement is speculative accumulation, as traders anticipate future ecosystem developments and broader crypto market recovery. With a circulating supply of 8.36B PI out of a total and max supply of 100B, limited active supply continues to amplify price swings when demand rises.
Additionally, PI’s FDV of $21.09B keeps it on investors’ watchlists, especially among those betting on long-term adoption of mobile-first blockchain projects. While volatility remains expected, today’s price uptick suggests improving sentiment and growing confidence among short-term traders and long-term community holders alike.
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