Crypto’s Oddball: Why PI Token Is Laughing Amid Market Tears 😂

TL;DR

The PI token has decided gravity isn’t its thing, climbing 4% despite the crypto market going “nope.”
Its loyal fanbase saw this as a divine sign after enduring weeks where $PI behaved like a melodramatic opera scene—fall, rise, fall again.

Oh, PI, how you keep us guessing! After its grand stage debut on February 20, the token went full diva, hitting $3 by February 26. But as with all divas, the drama ensued. The price ran out of steam and pulled a classic “exit stage left” by tanking over 70% to a pitiful $0.75. Analysts started treating it like a lost puppy, saying, “It’s just testing support zones!”

Well, surprise—it wagged its tail. Since bouncing off its lowest point, $PI is up 14%. And for those who only care about daily drama, it’s up 4.1% in the last 24 hours, as lovingly recorded by CoinGecko, the unofficial babysitter of tokens.

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PI’s growing, slightly obsessed community couldn’t contain themselves. Predicting the token’s imminent arrival at $1.2 feels a lot like claiming you’re going to the gym “for sure tomorrow.” Others pointed out trading volume recovered like an athlete getting their second wind. Maybe the love for PI is real after all.

The juiciest tidbit? Exchange deposits for PI tokens have dramatically slowed, turning the usual “massive selling pressure” into what feels like a polite nod of approval from traders. Compared to the staggering 300 million $PI tokens dumped onto exchanges last month, current deposits crawling along at 1 million tokens seem almost… civilized?

“$PI exchange deposits are finally slowing down.
In the last 24 hours only 1M $PI was deposited. The biggest transfer was exchanges to exchange (Bitget to GATE).
If the trend continues we will see the exchange supply start to reduce and eventually pump the price.#PiNetwork”
— MOON JEFF (@CRYPTOAD00) March 27, 2025

And speaking of developments, here’s a fun one: Telegram wallet integration is happening for PI tokens! A little tech magic for the folks who like their crypto stored in places where they also receive cat memes. Want more details? Our recurring Pi Network News section is practically waiting for you with snacks. 😜

2025-03-28 09:12

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