As BTC edges closer to the $95,000 mark, altcoins like XRP and Pi Network (PI) are experiencing significant price surges. XRP has seen a notable increase, with its price jumping by 12% on New Year’s Day, leading the altcoin rally . Similarly, Pi Network’s PI token has surged by 66%, reaching $83.28, ahead of its anticipated mainnet launch on February 20, 2025 .
XRP & Pi Network Prices Rally as Bitcoin Nears $95K
The bullish momentum in these altcoins is largely attributed to Bitcoin’s strong performance and the overall positive sentiment in the crypto market. Analysts suggest that if Bitcoin continues its upward trajectory, reaching milestones like $200K, XRP could potentially hit $12, marking a new all-time high .
Pi Network’s upcoming transition to its Open Network phase is also fueling investor enthusiasm. The move will allow Pi tokens to become publicly accessible and tradable on crypto exchanges, a significant step for the project .
Overall, the crypto market is witnessing a wave of optimism, with major tokens showing strong performances and investors keeping a close eye on Bitcoin’s next moves.
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