While most of the crypto market continues to bleed, Pi Coin just pulled off something unexpected. In just five hours, its price jumped close to 50%, currently hovering around $0.6487. At one point, the spike was almost 70%, but it cooled down slightly and settled at a 45% gain within that short window.
This pump comes during a time when investors are used to seeing only red. Bitcoin, Ethereum, and others have been sliding for months now, and Pi Coin was no exception—its price had been dropping quietly since the buzz around its mainnet died down.
Despite all the hype back then, there haven’t been any big updates from the Pi Network in a while. And just recently, when Binance dropped its second round of “Vote to List” tokens, Pi didn’t make the cut again. That stung. Out of 12 tokens listed this time, Pi wasn’t among them. Binance now says it’s considering not just votes but also trading volume, risk, and compliance when picking which coins to list.
After that disappointment, Pi’s price briefly slipped below the $0.70 mark, and the community started to brace for what could be a new low. But today’s sudden surge caught everyone off guard—and maybe gave some of them hope again.
Its market cap now stands at around $4.7 billion, with nearly $956 million traded in the past 24 hours. That’s a 98% jump in volume, which suggests people are paying attention—at least for now.
Whether this is just a temporary breakout or the start of something more, no one really knows. But in a market full of bad news, this was a rare green candle. And sometimes, that’s enough to shake things up.
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