Pi Network’s token has experienced an explosive surge in the past week, with its price jumping from around $0.6 to over $1. This impressive climb follows a period of depressed pricing that saw it plummet to a new all-time low of $0.4 earlier this month. Several factors are suspected to be driving this sudden spike, including anticipation for an upcoming announcement next week (May 14) regarding a potential major exchange listing, perhaps on Binance. Another possibility is the excitement surrounding Pi Network founder Dr. Nicolas Kokkalis’s anticipated appearance at Consensus, a large crypto conference taking place in Toronto from May 14-16. While some speculate that anonymous market players like BANXA and others are driving these price increases through token accumulation. Meanwhile, Moon Jeff, an analyst known for his insights into Pi Network, has noted increasing accumulation of PI tokens by unknown entities, adding fuel to the speculation around a potential price surge. #PiNetwork