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Pi Coin Rises Amid Bitcoin Surge, Analysts Warn of Potential Correction

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Pi Coin has seen a significant increase, climbing 23.8% over the past week, largely influenced by Bitcoin's surge over the weekend. According to NS3.AI, despite this upward movement, the broader cryptocurrency market continues to exhibit weakness, characterized by bearish sentiment and risk aversion among investors. Analysts have forecasted that Pi Coin might undergo a substantial correction, with predictions suggesting a potential drop of approximately 30% to $0.12 in the coming days.

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