Right! So, there’s this thing called Valour Pi (PI), see? An ETP, which is a fancy way of saying it’s supposed to follow the price of this Pi Network cryptocurrency. But it’s about as exciting as watching paint dry. Absolutely nobody seems to want it. Poor thing! 😴
And yet! And *yet*! Pi Coin itself – the actual coin, not this dusty ETP – is suddenly doing a little jig! It’s gone up, it has! Reached its highest point this month, can you believe it? People are starting to think, “Maybe…just maybe…” It’s all rather peculiar, isn’t it? 🤨
Why the Coin is Bouncing When the ETP is…Well, Not.
Now, some clever clogs at BeInCrypto told us that this Valour PI ETP launched in Sweden a while back. They were all very pleased with themselves, saying it was a grand step for Pi Network. But guess what? Nobody cared! Trading in Swedish money, and taking nearly 2% just for the privilege! Honestly! It’s only had a single trade a day sometimes. A single trade! What a flop! 📉
Meanwhile, the *actual* Pi Coin is looking perkier. Apparently, if it gets above $0.3469 (a terribly precise number, don’t you think?), it might zoom up to $0.3587. But! If it goes below $0.3391, it’ll tumble back down to its lowest ever point. A right cliffhanger, it is!
And wouldn’t you know it, it *did* zoom up! It went all the way to $0.36! The highest it’s been all month! BeInCrypto Markets say it went up 1.73% in a single day. As of now, it’s wobbling around at $0.352. A bit of a bounce, wouldn’t you say? 😉
It’s not just Pi Coin, though. Everything else is going up too! A bit of a lucky streak, perhaps? And someone important from Pi Network is going to a fancy conference. Plus, people are getting excited about… “altcoin season”? Sounds like a made-up thing, if you ask me. 🙄
But! Don’t get carried away. It’s still not a proper recovery, not by a long chalk. Still, someone very rich – a “whale” they call them – is buying tons and tons of Pi. 441,549 Pi just now! They now have a whopping 373 *million* Pi! That’s a lot of zeros! They must think it’s going to be huge. Or perhaps they’re simply mad. It’s hard to tell. 🤪
“Pi is going to print the largest green candle in crypto history, hands down, and you will be proud you never gave up on PI,” someone called a “Pioneer” boasted. Honestly, some people…!
And get this! The Pi Network people have decided to make it *harder* to get Pi. They’ve reduced the “mining rewards.” It now takes over 15 days to mine just *one* Pi! Without extras, mind you! They say it’s to make it more valuable. A cunning plan, perhaps? Or just a bit silly? 🤔
🚨 September Decline 1.23%
0.0027405/h ⛏️ 📉– The Times of PiNetwork (@PiNetwork24X7) September 2, 2025
So, there you have it. Rich people buying lots, making it harder to get, and a bit of general market silliness. Will Pi Coin keep going up? Who knows! It’s a mystery! A very peculiar mystery indeed. 🧐
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2025-09-12 08:37