Pi Coin Price Surge Sparks Whale Activity and Potential Gains

Pi Network has witnessed a resurgence in price action, prompting speculation about its future trajectory. Following a recent dip, the cryptocurrency is experiencing a surge with significant gains, trading above $0.80 and reaching a 10% increase. This growth is fueled by a notable whale transaction exceeding 250 million Pi coins on the OKX exchange. The ensuing scarcity has raised concerns, prompting Bitget to intervene with a rescue operation for the platform. However, experts warn of potential price spikes if scarcity becomes overwhelming without external intervention.