Pi Coin Soars 16.63% to $1.27: Is This Bullish Trend Sustainable?

Pi Coin’s price surged by 16.63% in the last 24 hours, reaching $1.27 and marking a remarkable turnaround from earlier dips. Trading volume has increased as Pi Coin continues to climb, currently trading at $1.27 with a market cap of $9.05 billion. The recent price increase is attributed to active trading activity, as indicated by the 7.66% volume to market cap ratio. However, trading volume decreased slightly in the last 24 hours, dipping by 64%, to reach $701.44 million.