pinetworkupdate

#PiNetworkUpdate
Pi Network (PI) has staged a remarkable comeback in the last 24 hours, rebounding strongly with a 100% surge. This significant price rally follows a sharp decline after its mainnet launch on February 20, where the price initially dropped to a low of $0.60. The decline was primarily driven by early miners offloading their holdings and concerns surrounding the project's legitimacy. However, PI has demonstrated resilience, gaining bullish momentum and reigniting investor optimism.
### What’s Driving PI’s Price Recovery?
Several key factors have contributed to the recent price resurgence:
1. Reduced Miner Sell-Off Pressure
The initial price slump was largely due to mass liquidations by early miners who accumulated PI before the mainnet launch. Now that many of these early holders have exited, the selling pressure has eased, allowing the price to stabilize and recover.
2. Pi Network’s Clarification on Allegations
Market sentiment improved significantly after the Pi Network team swiftly addressed allegations raised by Bybit CEO Ben Zhou on February 22. By publicly refuting these claims, confidence in the project was restored, paving the way for a bullish reversal.
3. Binance Listing Speculation
Fueling additional momentum, speculation about a potential Binance listing has excited the community. A Binance poll currently shows an overwhelming 85% support for listing PI, further boosting investor confidence and optimism for future growth.

### What’s Next for PI?
On the hourly chart, PI has recovered impressively from its key support level of $0.60, reaching a 24-hour high of $1.72 before consolidating around $1.49. However, the next critical hurdle lies at a descending trendline resistance, which will test the strength of this bullish momentum.
If PI successfully breaks above this resistance, it could rally towards the next significant psychological level at $2.50. On the downside, key support levels to monitor are $1.21 and $1.00—holding above these zones is crucial for maintaining the current bullish trend.
The MACD indicator suggests ongoing bullish momentum, with the MACD line trending above the signal line, indicating strong buying pressure. If this trend persists, further upside movement could be imminent.
### Final Outlook
Pi Network’s recent rally underscores its ability to recover from setbacks and regain investor confidence. The combination of positive sentiment, reduced selling pressure, and the possibility of a Binance listing has fueled its impressive comeback. However, overcoming the descending trendline resistance remains a key challenge. A breakout above this level could confirm a sustained bullish trend, positioning PI for further growth in the near future.
#MarketAnalysis #CryptoCommunity #CryptoBreakout

Kripto dünyası heyecan ve şüphe ile çalkalanıyor - çünkü Pi Network'un Küresel Konsensüs Değeri (GCV) aşamasına girdiğini iddia eden raporlar ortaya çıkıyor ve 1 Pi'nin değeri $314,159 olarak belirleniyor.

Bu cesur rakam, matematiksel sabit π (3.14159) ile benzerlik gösteriyor ve Pi Network topluluğu ve ötesinde tartışmalara ve münakaşalara yol açtı. Ancak bunun ne kadarı gerçeğe dayanıyor ve ne kadarı spekülasyon?

Değerleme Ardındaki İddialar

IKNPOS.id gibi kaynaklara göre, değerleme, şu gibi yeni teknolojilerle desteklenmektedir: