{"id":58159,"date":"2025-04-10T06:42:25","date_gmt":"2025-04-10T06:42:25","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=58159"},"modified":"2025-04-10T06:42:25","modified_gmt":"2025-04-10T06:42:25","slug":"why-is-the-pi-network-price-up-today-2","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=58159","title":{"rendered":"Why is the Pi Network Price Up Today?"},"content":{"rendered":"

TL;DR<\/strong><\/span><\/p>\n

PI marked a solid daily gain, driven by the broader crypto market recovery following the eased trade tension between the USA and numerous countries.
\nCommunity members noted the pump, with some envisioning a rally above $2.50 in the near future.<\/p>\n

<\/a><\/p>\n

The native cryptocurrency of Pi Network witnessed a substantial resurgence several hours ago, with its price soaring to almost $0.65. Later, though, it retraced to the current $0.60, which still represents a 6% daily increase.<\/p>\n

<\/a>PI Price, Source: CoinGecko<\/p>\n

The most likely reason fueling the rally is the cryptocurrency market\u2019s overall revival following the latest update on the global trade war.<\/span><\/p>\n

Recall that US President Donald Trump <\/span>implemented<\/span><\/a> a 90-day suspension on most new tariffs. <\/span>The reciprocal rate was reduced<\/span> to 10% for over 75 countries that have recently tried to negotiate better terms with America. However, tariffs on Chinese imports dramatically increased to 125% due to \u201cthe lack of respect\u201d from the Asian nation.<\/span><\/p>\n

In the aftermath, Bitcoin (BTC) <\/span>surged<\/span><\/a> past $83,000 before settling at around $82,000, while Ethereum (ETH) exceeded $1,600.<\/span><\/p>\n

Strategic deals inked <\/span>as of late might have also played a positive role for<\/span> PI\u2019s price performance.<\/span> Not long ago, Pi Network collaborated with the global payment service provider Banxa. The latter supposedly <\/span>acquired<\/span><\/a> over 30 million PI tokens, highlighting its potential confidence in the project\u2019s ecosystem.<\/span><\/p>\n

On April 8, Pi News (a media platform associated with the crypto project) <\/span>claimed<\/span><\/a> that 1.2 million PI were purchased from Banxa in <\/span>the span of<\/span> 48 hours.<\/span>\u00a0<\/span><\/p>\n

\u201cThis signals Community trust in Banxa. More utilities, more demand,\u201d the entity added.<\/span><\/p>\n

PI\u2019s price pump in the past hours sparked enthusiasm across its community, with some members envisioning further upswing <\/span>in the near future<\/span>.\u00a0<\/span><\/p>\n

The X user MOON JEFF (who also touches upon the matter) <\/span>argued<\/span><\/a> that recovery is possible and envisioned the formation of a V-shaped curve that could result in a rally above $2.50.\u00a0<\/span><\/p>\n

The post Why is the Pi Network Price Up Today?<\/a> appeared first on CryptoPotato<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"

TL;DR PI marked a solid daily gain, driven by the broader crypto market recovery following the eased trade tension between the USA and numerous countries. Community members noted the pump, with some envisioning a rally above $2.50 in the near future. The native cryptocurrency of Pi Network witnessed a substantial resurgence several hours ago, with […]<\/p>\n","protected":false},"author":0,"featured_media":56982,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-58159","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/58159"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=58159"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/58159\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/56982"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=58159"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=58159"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=58159"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}