PI (PI) fluctuates 33.1% in 24 hours: Kraken listing drives peak surge followed by slight pullback
Bitget Pulse2026/03/13 22:03Volatility Brief
In the past 24 hours, PI coin's price surged from a low of $0.2245 to a high of $0.2989, with the current quote at $0.2342, resulting in an overall price swing of 33.1%. The 24-hour trading volume soared to $166.6 million, a 62.3% increase from the previous period, reflecting a significant rise in market activity.
Analysis of the Cause of the Volatility
- Kraken exchange officially listed the PI trading pair on March 13, 2026. The prior announcement directly catalyzed a price surge of over 30% within 24 hours, pushing the coin to its daily high.
- The v20.2 network protocol upgrade and increased node activity further supported an expansion in trading volume.
Market Views and Outlook
The mainstream market sentiment is bullish. The community and analysts consider the Kraken listing a milestone for legitimacy and liquidity. Coupled with expectations for Pi Day on March 14, the short-term outlook remains positive for further upward movement, while caution is advised for potential overbought signals and retracement risks.
Note: This analysis is automatically generated by AI based on publicly available data and on-chain monitoring, for informational reference only.Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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