Pi Coin Jumps 10% as Inflows Reach Six-Week High
Pi Coin surged 10% on Thursday, pushing the token to a weekly high as reported inflows reached their largest level in six weeks. The move has been interpreted as renewed investor confidence and coincides with broader risk-on behavior in crypto markets, giving Pi fresh momentum after a period of consolidation.
The inflow spike could reflect renewed accumulation or short-term positioning ahead of potential catalysts, but it also raises the risk of rapid profit-taking if demand cools. Market participants should watch trading volumes, order-book depth, and broader market cues to gauge whether this rally will sustain or reverse; volatility remains a likely companion as traders test new resistance and support levels.