As of May 13, 2025, Pi Network (PI) is experiencing significant volatility. The current price is approximately $1.09, reflecting a significant dip from the intraday high of $1.62 earlier today. This sharp decline of more than 30% is attributed to a combination of profit-taking by investors and expectations surrounding the upcoming 2025 Agreement, where the founder of Pi Network, Dr. Nicholas Kokkalis, is expected to speak.

Despite today's dip, Pi Network has shown remarkable growth over the past week, with prices rising from lows of around $0.58 to highs exceeding $1.50, representing an impressive increase of 170%. Analysts remain optimistic, suggesting that if the bullish momentum continues, PI could target the $2 mark in the near future.
Increased market activity is driven by speculation about significant announcements at the Agreement 2025 event, including potential updates on the launch of the Pi mainnet and ecosystem developments. Investors are advised to stay informed and exercise caution, as the market remains highly sensitive to news and events related to Pi.
#Pi #Btc
https://www.gate.io/competition/wctc/s7?ref=VLFBAFLEAA