Pi Coin’s Wild Ride: Whale Snags 48 Million Tokens as Price Plunges

Ah, Pi Coin, that mysterious beast of the cryptocurrency jungle, has decided to take a little tumble—down by more than 4% (how quaint!) and now huddling at a measly $0.61. It seems to be enjoying its little dance between resistance at $0.68 and support at $0.617, much like an indecisive ballerina trying to decide whether to leap or faint. The technical charts, with their gloriously opaque Ichimoku Cloud and RSI, suggest the market is about as sure of its next move as a cat contemplating a bath. 🐱💸

But, ah, let us not forget the $0.706 resistance level—where, should Pi manage to push past that threshold, it might just leap ahead by 10%, like a racehorse at the last furlong. How thrilling! But let us not be fooled by these grandiose dreams, for Pi is still languishing about 80% below its once-promising high earlier this year—making it, dare I say, one of the market’s most underwhelming disappointments. A true masterpiece of mediocrity. 🖤

48M Pi just accumulated by wallet GASW (opened on 06/03/2025), with ZERO locked Pi.
Could it be a corporation, a big organization, or even a government?

While Pioneers lose hope, giant players are silently scooping it all.
If they agree on a price >$100, Pi Network will…

— Pi Network VietNames (@PiNetworkVNes) April 26, 2025

But what is this? A twist in the tale! A wallet, named “GASW” (charming, isn’t it?), freshly minted on March 6, 2025, has taken it upon itself to scoop up 48 million Pi coins—none of them locked away, mind you, no sir! The implications are endless. A corporation? An institution? Or perhaps, dare we dream, a government? One can only wonder. While the faithful Pioneers are left wringing their hands, giant, shadowy figures are quietly amassing fortunes. Oh, how deliciously cryptic. 😏

Other Positive Catalysts:

Ah yes, let us move on to other sparkling shards of hope in the murky waters of cryptocurrency. Binance, that glittering jewel of exchanges, has released new listing guidelines—something that has certainly stirred the crypto crowd into a frenzy. Could these new, shiny rules be the gateway for Pi Coin to be listed on Binance? The crowd gasps in anticipation! 🎉🚀

Meanwhile, the Pi Network team, ever the masters of communication, has shared a roadmap for their migration process. The transparency is palpable—well, if by transparency, you mean a roadmap so vague it leaves more questions than answers. How many users are still waiting? How many accounts can migrate daily? Oh, we are left to ponder such existential mysteries. But fear not, dear pioneers, for Pi Network will be attending Consensus 2025. Perhaps, just perhaps, something important might happen. Keep your fingers crossed—if you still have the strength. 🤞

Read More

2025-04-28 05:40