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cryptonews 2025-05-16 16:20:59

Pi Network Price Prediction: Is PI About to Pump As Founder Takes the Stage at Consensus, Big Announcements Coming?

Pi Network ($PI) may be cooling off from a recent rally, but several key announcements are likely to push its price up to $2.50 by summer. On Wednesday, the Pi community announced a major ecosystem update Wednesday, which could fuel the next leg of the rally. The Pi Network Ventures initiative, which has $100 million to spend on startups to help grow the Network. Pi Network Ventures has officially launched—a $100 million initiative, held in Pi and USD, to invest in startups and businesses that advance the utility and real-world adoption of Pi. Go to the Pi mining app home screen to learn more. This strategic program intends to invest in… pic.twitter.com/XoRy7jQGcJ — Pi Network (@PiCoreTeam) May 14, 2025 Then today, Pi Network founder Nicolas Kokkalis took the stage at crypto conference Consensus 2025 to pitch his vision to the industry. $PI NETWORK’S FOUNDER IS ABOUT TO SET CONSENSUS 2025 ON FIRE! TODAY May 16 2025 at 11:05 AM ET ( 11:05 PM, 11:05 AM NY) @nkokkalis the genius behind #PiNetwork takes the stage at #Consensus2025 ’s AI + Blockchain Infrastructure Summit in Toronto! This is THE… pic.twitter.com/WCbc5HfKu2 — PioneerHub (@can_demore) May 16, 2025 Launched in February 2025, Pi Network ($PI) is a fresh entrant to the crypto scene, and while it’s early days, its recent momentum has caught the attention of investors. Over the past fortnight, Pi has surged by 40%, currently trading at $$0.84. Its relative strength index (RSI) is 53 and falling, after hitting above 80. This means the token is undergoing a short-term correction. Still, if Pi Network’s founder, and many traders believe Pi could soon push past the $3 mark to hit a new all-time high. Built as a Layer 1 blockchain, Pi Network introduces a playful yet effective way to participate in crypto mining. Users can mine $PI tokens by simply tapping a button once a day within the app — no mining rigs, staking protocols, or energy-hungry hardware required. As Hype Grows for Pi Network, Investors Also Snap Up Mind of Pepe ($MIND) If Pi Network highlights how simplicity can revolutionize crypto participation, then MIND of Pepe ($MIND) showcases how innovation and utility can elevate a meme coin beyond the hype. Taking its visual cues from the beloved Pepe meme, $MIND is more than just a playful token. It powers an AI-driven platform that offers users real-time market analytics, sentiment tracking, and predictive tools. From automated trading signals to live data interpretation, this token blends entertainment with practical intelligence. Nine Million. $MIND pic.twitter.com/wpccWXz38U — MIND of Pepe (@MINDofPepe) May 11, 2025 The project has already raised $9.3 million in early contributions, reflecting growing confidence in its vision. Long-term holders are rewarded, too — with staking options delivering up to 243% APY, $MIND appeals to both active traders and passive income seekers. As artificial intelligence continues to transform financial technologies, MIND of Pepe is positioned at the frontier of where meme culture meets serious crypto innovation. Keep up with MIND of Pepe via X and Telegram . The post Pi Network Price Prediction: Is PI About to Pump As Founder Takes the Stage at Consensus, Big Announcements Coming? appeared first on Cryptonews .

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