Pi Network Price Today May 12, 2025: Strong Increase Over 1 USD

Pi Network Price Today 5/12/2025

The price of Pi on the OKX exchange on May 12, 2025 is fluctuating around the price range from 0.7273 USD to 1.18 USD (equivalent to 18,880 VND to 30,550 VND. Thus, at the time of writing, the price of Pi on the OKX exchange increased by 50.7% compared to yesterday, reaching 28,640 VND.

Just over a month ago, the PI token price hit an all-time low of $0.40. At the time, the market was in turmoil, negative sentiment was widespread, and many tokens were unlocked at the same time, putting a lot of pressure on the price.

After that, PI showed signs of a slight recovery, fluctuating around the threshold of 0.6 USD. However, this token suddenly increased sharply over the weekend, jumping 20% ​​in just one day on Friday, attracting special attention from investors and analysts.

The rally continued, with PI surpassing $1 for the first time in nearly two months. For the week, PI rose 85%, a surprising increase.

When is a good time to sell?

On social media and investment forums, many optimistic predictions appeared, saying that PI could reach the $5 mark in the near future. Although there is no official reason for this sudden price increase, some experts believe that it stems from expectations for an important announcement scheduled for May 14.

Added to that is the rumor that PI will be listed on Binance, the world's largest exchange.

The upcoming Consensus 2025 event in Toronto from May 14 to 16, where Pi Network founder Nicolas Kokkalis will speak, is also said to be a factor raising market expectations.

Some analysts even suspect that organizations like BANXA are quietly accumulating large amounts of PI, although this information has not been verified.

This price increase has led many observers to believe that PI could continue its upward momentum in the coming time. On the social media platform X, some users even set expectations that the price could reach $5, or even $10 or $20.

However, the risk of a correction still exists. In mid-May, especially on May 16, nearly 15 million PI will be unlocked. This is the time when investors can sell their long-held tokens en masse, leading to the possibility of a large-scale sell-off.

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Source: https://baonghean.vn/gia-pi-network-hom-nay-12-5-2025-tang-manh-vuot-1-usd-10297059.html