The Surge: From $0.33 to $0.37 Pi’s price recently climbed from $0.33 to $0.37, sparking excitement across the community. For a moment, it looked like momentum was building. But soon after, the price started falling again. Let’s unpack what may have caused this. USDT Liquidity Injection or Whale Activity Some traders believe that USDT (Tether) liquidity was injected into the market—possibly by whales or large holders. This means someone may have added stablecoins to trading pairs, making it easier to buy Pi and temporarily pushing the price up. But this kind of boost doesn’t always last. If it’s not backed by long-term demand, the price can fall just as quickly. Massive Migrations = Supply Flood At the same time, hundreds millions of new Pi migrations were completed. That means more users finally received their Pi and could sell it. This created a flood of new supply in the market. When supply increases faster than demand, prices usually drop. That’s exactly what happened. ...
The Shifting Code Of Pi