TL;DR (Should you even Bother?)
- After months impersonating a particularly sulky aristocrat, PI’s token staged a miraculous resurrection, rallying mightily this past week.
- Daily, the asset leapt more than 30%, prompting observers to ask: what devilry (or bored whales) are at work here?
A month ago, PI plummeted to the indignity of $0.4—a dreary social season, abounding in “unlock events,” “FUD” (as the help insist on calling idle tittle-tattle), and general malaise.
After this mortifying scrape with rock-bottom, PI found itself marooned at $0.6, attending the tiresome debutante balls of mediocrity. But oh, what’s this? A sudden and vulgar leap, 20% up on Friday, sufficient to rouse every armchair analyst from their gouty ennui. Suddenly, “$1 is a certainty!” they crow. Some, looking through their family silver, even muttered of $5.
Today, the prophecies of the excitable seemed to reach fruition. PI, with all the subtlety of Lady Circumstance after too much sherry, soared by an alleged 35%, finally tapping $1. On the week: up 64%. Papa would be proud, if he knew what a “PI token” was.
Now, what, pray, accounts for this irreverent sprint? The official excuse: some “major announcement” heralded for next week (May 14, for those who keep a schedule), possibly involving a listing on some notorious bazaar named “Binance”.
a character by the name of Moon Jeff claims that shadowy figures—BANXA and other such unwashed—are snatching PI as though it were the last cocktail at a country house weekend. Verification? As elusive as an honest securities lawyer.
BANXA is buying millions of $PI
PCT is buying back.
Unknown entities are amassing fortunes in $PI.
Exchange withdrawals are, as the young say, “soaring”.And you—yes, you—are selling? Charming. Let’s see which side of history you end up on, darling. #PiNetwork
— MOON JEFF (@CRYPTOAD00) May 10, 2025
In sum: the Season is open, the belles are dancing, and PI is no longer the poor relation—at least this week. Enjoy the party. 🥂
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2025-05-11 08:25