icon
icon
icon
icon
Upgrade
Upgrade

News /

Articles /

"Pi Coin Surges Amidst Market Turmoil; Trump Policies Spark Interest"

Coin WorldTuesday, Mar 4, 2025 8:56 pm ET
1min read

PI Network, a mobile-minable cryptocurrency, has seen its price surge despite market turbulence, as critical exchange listings and migration deadlines have fueled renewed investor confidence. The project has long faced challenges due to anti-money laundering (AML) concerns and regulatory roadblocks, which limited its mainstream adoption. However, shifting U.S. regulatory policies under the Trump administration have sparked renewed interest in pi Network, paving the way for listings on top exchanges like Bitget.

On Tuesday, Pi Coin secured a crucial listing on CoinMarketCap, marking a significant milestone for the project. This development has amplified demand and enhanced visibility, attracting new investors to the network. At press time, Pi Coin trades above $1.74 with a $12.1 billion market cap, posting a 3% gain. Notably, PI is the only cryptocurrency among the top 20 to remain in profit amid market-wide liquidations triggered by Trump’s tariffs on Canada and Mexico.

PI Network is currently undergoing a crucial migration process. Last week, the team confirmed in a blog post that March 17 is the final deadline for users to migrate their holdings. Those who fail to comply risk losing access to a significant portion of their PI assets. With less than two weeks remaining, network activity has surged. Previously inactive traders are now migrating their coins, driving heightened transaction volumes. Supporting this trend, PI’s hourly chart shows consistently elevated trading volumes, even as the broader crypto market experienced over $1 billion derivatives positions liquidated following Trump’s tariff confirmation on Monday.

As PI Network navigates this critical transition period, market participants remain watchful of its next major move, particularly with speculation surrounding a Binance listing. PI Coin price is consolidating near $1.78, with early signs of a potential breakout as volatility contracts. The Bollinger Bands are tightening, signaling an impending move, while price action hovers near the mid-band at $1.74. A decisive push above the upper Bollinger Band resistance at $1.90 could fuel a strong rally toward the psychological $2 level, with extended targets aligning with a bullish breakout scenario toward $10 in the long term. The Parabolic SAR indicator has flattened, suggesting a shift in trend dynamics. A confirmed breakout above $1.90 with rising volume could validate bullish momentum, targeting previous swing highs.

On the bearish side

Disclaimer: the above is a summary showing certain market information. AInvest is not responsible for any data errors, omissions or other information that may be displayed incorrectly as the data is derived from a third party source. Communications displaying market prices, data and other information available in this post are meant for informational purposes only and are not intended as an offer or solicitation for the purchase or sale of any security. Please do your own research when investing. All investments involve risk and the past performance of a security, or financial product does not guarantee future results or returns. Keep in mind that while diversification may help spread risk, it does not assure a profit, or protect against loss in a down market.