Pi Coin (PI) has surged dramatically in recent days, gaining 34% over the last 24 hours, capturing investor attention. The coin’s price reached a high of $0.98, challenging the psychological barrier of the $1.00 mark. This surge is attributed to increased trading volumes and buying pressure, driving excitement within the altcoin community. Experts predict upcoming announcements will further fuel this momentum. The market dynamics suggest key support levels at $0.80, with technical indicators indicating strong buying interest, while caution needs to be exercised against sudden profit-taking. Continued upside could see prices test resistances around $1.40 and signal the start of a new rally. Investors are deploying stop-loss orders to protect their portfolios, aiming for specific profit targets based on resistance levels. Rumors within the Pi community suggest a large purchase by a mysterious wallet from OKX exchange of 70 million PI. This has sparked speculation about a major centralized exchange listing. Analysts believe that the upcoming announcement on May 14, 2025 at the Consensus Summit 2025 in Toronto could significantly boost Pi Coin’s price, potentially reaching $1 by the end of August and testing the range of $2 to $5 by year-end.