Pi Coin Jumps 30%: 3 Reasons Hype Is Exploding Ahead of May 14 Reveal

Pi Coin is making serious waves rn . It just pumped nearly 30% in the past 24 hours, now trading at $0.9454 — and it’s all thanks to a teaser from the Pi Network team that dropped like a bomb across the community.

pi coin

Crypto Twitter and Pi holders are going wild speculating that a major announcement — possibly the long-awaited mainnet launch or full ecosystem reveal — is set to drop on May 14. That single hint was enough to send volume soaring past $486M (up 38%) and Pi’s market cap to a wild $6.68B.

And get this — it’s not just a one-day thing. Pi Coin is up 58% over the past week, and almost the same for the month. While the total crypto market barely moved (just 1.3% up), Pi came through swinging, outshining pretty much every other coin.

Even though Pi isn’t listed on major exchanges yet, the hype is real. If the May 14 reveal is what everyone hopes it is, this could be the moment Pi Coin flips the narrative and cements itself in the big leagues.

You might find interesting: XRP Surges 8%: 3 Reasons Bulls Are Hyped as Ripple Nears SEC Victory

Pi Coin Drops 25%—KYC Deadline Sparks Market Panic

Pi Coin crashes 25%, recovers slightly. KYC deadline looms. Crypto market shaky. Can Pi bounce back, or more pain ahead?

Pi Coin just took a major L, crashing 25% in a single day before slightly recovering to $2.41 (still down 12%). The market cap sits at $14.05B, but the 24-hour trading volume dropped 55%, signaling serious uncertainty.

This comes right as today marks the final KYC deadline for Pi holders. KYC verification is a must to move Pi to the Mainnet, and if too many users miss it, circulating supply could get messed up—meaning price swings are incoming.

But it’s not just Pi feeling the heat. The whole crypto market is shakyBitcoin is below $80K, Ethereum lost 7%, and big names like XRP, BNB, and Solana are all down. The $1.5B Bybit hack, U.S. tariff worries, and stricter crypto regulations are making things worse.

Even though Pi Coin is still above its $0.61 all-time low, it’s 20% down from its peak. It pumped 30% on Mainnet launch, then crashed overnight. Some dream of $100 Pi, but that won’t happen without more adoption, listings, and trading volume.

KYC closes today. Pi’s future? Uncertain. Will it bounce back, or is this just the beginning of a bigger crash?

Also Read: Bybit Hacker Moves $605M ETH—THORChain Under Fire as Crypto Heist Sparks Chaos

HTX Delists PI Coin and Suspends Trading Before Mainnet Launch

HTX is ditching PI IOU trading, swapping holdings for USDT (1:61.28). PI’s real mainnet is coming, and HTX promises to list the actual token once it’s live. Stay tuned!

HTX just made a bold move—it’s delisting PI Coin’s IOU version and swapping user holdings for USDT at a 1:61.28 rate. The exchange will stop all PI IOU trading on Feb 13 at 08:00 UTC, automatically canceling open orders and crediting users’ spot accounts with the converted assets.

Why? The long-awaited Pi Network mainnet is finally in sight. This could be a game-changer, moving Pi from its closed system to a completely decentralized blockchain. As hype builds, HTX is leading the way for the real PI token, which they assured will be listed ASAP on mainnet launch.

Retail investors are paying close attention as Pi Network has been gaining traction for years. Unlike most crypto projects, Pi lets users mine coins on their phones without upfront investment—hence its massive user base.

Meanwhile, PI IOU has been struggling, dropping 21% in just a day, making HTX’s move even more significant. For now, PI fans just have to wait for the official token to drop. HTX says, “Stay tuned.”

Also Read : World Liberty Financial Snaps Up $5M in ETH During Market Dip

Exit mobile version