Pi Network’s token is making headlines after a sharp 15% daily surge, pushing the Pi price back near the $0.70 mark. After crashing to an all-time low of $0.407 just days ago, the Pi coin has bounced strongly, now up over 50% on the weekly chart. The surge has pushed Pi’s market cap to $4.7 billion, placing it in the 31st spot among the top cryptocurrencies. While momentum looks promising, looming token unlocks may bring short-term pressure.

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