Pi Network has experienced a sudden jump this week, capturing the crypto community’s attention with a significant price surge and growing anticipation ahead of the Consensus 2025 event. Investors are observing closely, as the project’s founder is set to announce recent updates that could determine the project’s direction.
Pi Network Price Surge & Market Impact
Pi Network’s price has risen by over 90% in just over a week. It rose from approximately $0.57 to $1.60, reaching the top 22 coins by market cap. Its market capitalization reached over $10 billion before declining to $7.9 billion. This rally picked up steam after large holders cleared more than 90 million PI tokens from exchanges, which triggered a buying spree among retail investors.
Price surges don’t just occur out of the blue. This rally is consistent with Pi founder Dr. Nicolas Kokkalis’ readiness to address Consensus 2025 on May 14. Speculators anticipate significant news, potentially a listing or mainnet launch on Binance, which could increase the price.
While the Pi Coin price has dipped 9% over the last 24 hours, investors see this as a good time to buy before tomorrow’s big news. Resistance is around $0.95, and experts are looking for a $2 price level if upcoming news meets expectations.
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Bitcoin Pepe (BPEP): Another Coin with Massive Potential
Another coin that may be seen as the new breakout coin is Bitcoin Pepe. This is the first meme coin ever developed on Bitcoin’s layer 2. It has shown strong momentum by raising more than $8 million in its presale. The project is bringing Bitcoin’s security, coupled with the rapid and inexpensive transactions offered by Solana.
BPEP is built on the PEP-20 token standard, enabling people to create meme coins within Bitcoin’s ecosystem. The project is scheduled to launch a decentralized exchange and NFT marketplace for meme assets. It aims to leverage Bitcoin’s $2 trillion market cap. The project has secured more than 10 strategic partnerships, increasing its ecosystem and support.
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With a total supply of 2.1 billion BPEP tokens, 50% are allocated to presale buyers and 15% to staking rewards. Staking provides returns up to 10,000% APY to incentivize long-term holding. The presale ends on May 31, leaving only 17 days for participation. The presale window is closing soon, and the price will likely surge once BPEP becomes available.
