$Pi PI Price Bounces💥🚨

Pi Network’s native token was perhaps the most volatile altcoin in the past week, which, for the most part, was going well for the asset. At one point, it registered a massive 30% surge on Friday$USDC morning, skyrocketing to almost $0.30, which became a five-month peak. This came after the veteran US exchange Kraken said it would list PI for trading.

At the time, the token had added more than 100% since its February all-time low of $0.1312. However, the bears were quick to intervene and didn’t allow any further gains. Just the opposite; PI nosedived on Saturday morning with double-digits and plummeted toward $0.20. It slipped below that level on Sunday as most of the crypto market was retracing.

However, it has rebounded to just north of that coveted line as of now after a 4% daily increase. While this price jump could be linked to the gains registered by the broader crypto market today, it could also be a direct response to the recent ecosystem developments.