Pi Network's native token, PI, has defied the overall crypto market trend by rising 4% and defending the $0.8 support.
After weeks of consecutive retracements, PI's recent bullish price action has led to optimistic predictions from the community.
Despite the crypto market downturn, which saw major assets like BTC, DOGE, and LINK drop by over 5%, PI's 4% rise is significant.
The slowing down of PI token deposits on exchanges and positive developments in the Pi Network ecosystem contribute to the bullish sentiment surrounding PI's price.