Good thing

View Original
YieldWhisperervip
Behind the 15% big pump of PI: Whale swept up 1.6 million coins, how long can MiCA compliance + AI narrative hold up?
[Coin World] The recent pump of PI has something going on. The price surged directly to $0.26, rising nearly 15 points in a single day—this was triggered by their submission of the MiCA compliance documents to the EU, confirming compliance with regulatory requirements, along with the design concept of a non-hosted wallet and the news of soon logging in to the exchange.

What's even more exciting is the on-chain data: a certain whale has swept up over 1.6 million PI this week, clearly in a buying frenzy. Technically, both MACD and RSI are above 57, indicating a strong bullish signal. The price is now stable at around $0.2433, backed by a venture capital fund of $100 million, in addition to the story of AI ecosystem expansion being told. This round of rise has been ongoing for 41 days without interruption, and the market sentiment is indeed quite euphoric.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
  • Pin

Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)