This week, Pi Coin has demonstrated unexpected price growth following several weeks of decline. This article explores the reasons behind this recovery.
Reasons Behind Recent Growth
Pi Coin started the week with unexpected price growth despite enduring a sharp decline that lasted 4 weeks. After dropping 75% from its peak in May, the cryptocurrency recorded a 22% increase but had already lost some of those gains, dropping to $0.55 at the time of writing.
Partnership with Google: Rumors and Expectations
Recent rumors suggest that Pi Network may form a partnership with Google. This speculation arose after their announcement of intentions to integrate Google Cloud and artificial intelligence into their systems. While official sources have not confirmed this information, it has instilled hope within the Pi Network community and is seen as a potential step towards greater recognition.
Speculations on Major Exchange Listings
Pi Coin’s growth has been hindered by its limited availability on exchanges. There are rumors that the cryptocurrency may soon be listed on major exchanges like Binance or Coinbase. Expectations surrounding a potential listing have created a surge in demand, generating interest among both analysts and users.
The recent growth of Pi Coin is accompanied by anticipations of significant changes and partnerships that the community is eagerly monitoring. The upcoming Pi2Day event could play a pivotal role in the cryptocurrency's future dynamics.