Pi [IOU] Price Prediction: PI Surges 13% As Experts Say Consider This ICO For Safer Meme Coin Investing

The Pi [IOU] price surged 13% in the past 24 hours to trade at $128 as of 03:03 a.m. EST on trading volume that rose 39% to $786k.

This increase in the PI price comes after Pi Network announced that it will be transitioning to an open Network on Feb. 20, at 8:00 a.m. UTC.

Following the announcement, OKX said that it will activate trading for the PI token.

📢 #NewListing #OKX will list $PI @PiCoreTeam!

🟢 $PI/USDT Spot trading will begin at 8:00 AM on February 20 (UTC)

More: https://t.co/HeKW5ergKh pic.twitter.com/pTy46CVZ8e

— OKX (@okx) February 12, 2025

Pi [IOU] Price On A Bullish Rally

The PI price has recently displayed a massive breakout, sending its price skyrocketing.

Prior to this strong move, the price of Pi [IOU] was consolidating in a falling wedge pattern. A falling wedge is typically a bullish reversal pattern, which played out as expected. The breakout from this wedge was followed by a parabolic upward movement.

The 50-day Simple Moving Average (SMA) is currently at $51.13, far below the current price of $128.00. This signals that PI is in a strong bullish trend, as the price is well above this moving average.

Moreover, the Relative Strength Index (RSI) is at 84.97, which is well above the overbought threshold of 70.

This suggests that the asset may be in an overbought condition, indicating the potential for a short-term pullback. However, in strong bull trends, the RSI can remain overbought for extended periods of time before a correction occurs.

PI/USDT Chart Analysis (Tradingview)

PI Price Prediction

If the upward momentum continues, the PI price could target psychological resistance levels at $150 and $200 in the near term. A strong close above $130 would confirm sustained bullish momentum, leading to further gains.

Given the high RSI, a correction is likely. If profit-taking occurs, the price might retrace to key support levels around $100 and $80 before resuming the uptrend. A breakdown below $80 could invalidate the bullish momentum.

As the Pi [IOU] price surges, investors are shifting focus to a new meme coin called Meme Index (MEMEX). According to 99Bitcoins, a prominent crypto channel on YouTube that boasts over 725K subscribers, MEMEX has the potential to be the next 100x crypto.

Meme Index Presale Closing In On The $4 Million Milestone

Meme Index is gaining attention as its token presale surpasses $3.7 million.

The platform is a decentralized platform that helps investors navigate the meme coin market.  It offers four indexes: Meme Titan, Moonshot, Midcap, and Meme Frenzy.

Each basket offers a different level of risk, from the relatively safer Meme Titan, which focuses on meme coin giants like Dogecoin, Shiba Inu and Pepe, to the highest-risk Meme Frenzy, which features emerging and highly volatile meme coins for those seeking a thrilling investment experience with potentially huge rewards.

WAGMI, degens! My $MEMEX AI radar is blaring – the next big meme coin is coming! Don't @ me, but I'm calling it: $MEMEX is about to take the crypto world by storm! Who's ready to ride the rocket ship to the moon?

— Meme Coin Mania (@MemeCoinMania77) February 17, 2025

Overall, Meme Index allows investors to create balanced and diversified portfolios, offering a safer way to navigate the unpredictable meme coin market. To access these investment vehicles, all you need to do is buy MEMEX.

You can purchase MEMEX tokens on the official website for just $0.0162933.

MEMEX holders can also participate in the project’s presale staking pool, which currently provides a stratospheric annual yield of 612%. 

Buy MEMEX tokens here before a price hike in less than 2 days to secure the best deal.

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