The price of the PI jumps by 12 % after May 14 of the ecosystem update

This line was sufficient to excite the excitement between PI holders and encryption dealers. With a few details, but the big promise, many in society now speculate that the long -awaited launch of the full ecosystems of PI or Mainnet may be just around the corner.

Buzz pushed the maximum PI to $ 4.37 billion – an increase of 10.5 % – and the daily trading volume jumped by 74 % to 109.65 million dollars. It is clear that investors rushed, in the hope that they would advance the news and may gather in a greater gathering if it turns out that the next announcement was a big thing.

However, like most fast pumps, the price could not stay on top for a long time. By the time of writing this report, Pi Coin settled a little, which now showed a 7.17 % increase over the past 24 hours. However, attention about the currency is clear, and all eyes are now on May 14.

The Coin PI pump has not occurred in isolation – the broader encryption market is also raised. Bitcoin has just crashed $ 99,000, while Ethereum hovers around $ 1899. As the maximum Crypto Global market increased to $ 2.98 trillion, an increase of 1.47 % last day, it is difficult to miss the sample momentum.

For PI supporters, the sudden price increase shows the scenes of society. Whether the May 14 announcement has achieved a real penetration or not, the reaction alone proves one thing – people have not surrendered to PI yet.

Also read: Bitcoin rises more