PI Token Jumps While Crypto Market Bleeds – What’s Fueling its Sudden Surge?

What happened

Less than a week after its official launch on February 20, PI skyrocketed to a fresh all-time high at $3 on February 26. However, its momentum quickly evaporated, and the asset went south hard. In the following month, PI plunged by over 70% and dumped to under $0.75, which many.