<ul><li>Pi Network's token, PI, surged by nearly 20% in a day, reaching a high of $0.77 before retracing slightly to $0.75.</li><li>Factors like overall market momentum and anticipation of a Pi Network ecosystem announcement contributed to the rise.</li><li>However, concerns have been raised regarding a potential sell-off and increased volatility as millions of PI tokens are set to be released mid-month.</li><li>Investors are advised to tread carefully as the market dynamics for PI may change post the token release in mid-May.</li></ul>

Pi Network (PI) Soars by 20% Daily: Is a $1 Comeback Incoming?

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