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Pi Coin Price Surges 10%: What Could Come Next?

  • Pi Coin price surged 10% following a technical breakout, with key support at $0.44 and resistance at $0.53.
  • The rally is part of a broader altcoin uptrend driven by market optimism, regulatory news, and a derivatives short squeeze.
  • Ecosystem upgrades like the Pi Network's Node software version 0.5.3 and App Studio developments are fueling interest.
  • Concerns persist due to upcoming token unlocks causing selling pressure, necessitating ecosystem growth to maintain momentum.

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