Pi Coin Dominates Top 100 Charts: Bull Run or Dead Cat Bounce?
Pi Coin (Pi Network/PI) seems to be going against the current market trend. While most major crypto assets are facing corrections, PI is going the other way around. PI is currently the best-performing cryptocurrency in the daily charts, among the top 100 projects. According to CoinGecko, Pi Coin’s price has registered a 14.7% rally in the last 24 hours, a 30% rally in the weekly charts, and a 23.7% rally in the 14-day charts. However, the popular cryptocurrency is still down by 0.9% over the previous month. Let’s discuss if the asset has entered a bullish phase or if we are witnessing a dead cat bounce. Source: CoinGecko Will Pi Coin’s Price Rally Continue, Or Will It Face a Correction? Source: Watcher Guru Pi Coin’s latest price surge could be due to a host of announcements and updates made by the team. The most significant announcement came from Pi Coin Magazine earlier this week. According to an X post, the popular crypto exchange OKX has successfully passed t...