Pi Coin Surges 15%, But Expert Doubts Pi2Day’s Ability to Trigger a Price Surge

After more than a month-long market slump, Pi Network’s Pi Coin (PI) has finally experienced a substantial price recovery.

This rise comes just days before Pi2day, leading to high expectations among Pioneers that PI can experience a surge. However, Ray Youssef, CEO of NoOnes, has cautioned that this alone is unlikely to result in significant price movement.

It’s important to note that PI’s latest gains are part of a broader positive trend in the crypto market. BeInCrypto reported today that the total market cap increased by $36 billion.

Still, many Pi pioneers are optimistic that the increased hype around Pi2Day could catalyze a price rally. 

“Did you take the medicine? It suddenly reached $0.6. Will it suddenly rise to PI ($0.8, $1, $1.5, $2, $3) later? There are only a few days left before Pi2day. There is a lot of room for growth,” Pi Barter Mall posted.

Pi network back to $0.6 just 3 days to #Piday2
Now let's go back to $1

Hope you bought the Dip