The native token of the Pi Network is PI, which is taking over the limelight in the current crypto craze and has gone up by 15.4% in the last 24 hours to become priced at $0.2595 at midday trading. Having surged over 1.89 billion into the market, PI has now become the largest, most valuable cryptocurrency, and a significant increase compared to the small 1.43% growth of the market as a whole.

The volume is already soaring to 76.85 million, an increase of 220 per cent over the previous day, as the retail craziness collides with an institutional interest. The rally follows a 20% gain in a month, reversing a 16% decline in Bitcoin and making PI a strong altcoin candidate with macroeconomic challenges such as tough U.S. inflation statistics.

Pi Network has gathered more than 35 million users across the world since its inception in the mobile-mining sector in 2019 and is a democratizing platform that provides access to crypto via smartphone-based consensus. The landmark of the Open Mainnet launch in February 2025 changed everything as it permitted the real-world usefulness of peer-to-peer payment to integrations of dApps.

The current momentum is due to regulatory clarity within Europe, where Pi has already complied with the Markets in Crypto-Assets (MiCA) framework, and speculation has heightened over exchange listings.

With the global crypto market cap reaching a record-breaking $3.15 trillion, PI’s low-energy Federated Byzantine Agreement (FBA) model based on the Stellar protocol remains an attractive destination for those environmentally conscious and want to find other alternatives to power-hungry proofs-of-work.

MiCA Whitepaper Unlock: EU Trading Approval Paves Way for Global Legitimacy

The driving force behind PI is the recently released MiCA Whitepaper, version 1.1, by Pi Network, which was filed by subsidiary PiBit Ltd in order to be admitted to trading in the European Union and EEA.

There is no starting coin or collections; this registration is intended to access the secondary market on regulated platforms, which makes PI a non-security Other crypto-asset neither a stable nor an e-money. Having no rights to dividends, governance, or redemptions, PI implants its position as a pure digital currency of transactions within the ecosystem.

The most important highlights are the immutable token contracts, maximum supply of 100billion (8.2billion circulating), and community mining, foundation reserves, liquidity, and team vesting allocations (65, 10 and 5, 20, respectively).

The nominal transaction fee is 0.01 PI, and this fact speaks volumes about the efficiency of the network. The whitepaper highlights the Layer-1 blockchain of Pi, where the environmental impact is low, and such features as rewarding interaction with apps, security circles, and KYC-verified mining are present.

The influencers are chatting on social sites, and the X threads are spreading the news: adherence equates to irreversible on-chain transfer through the Pi Wallet, and ecosystem expansion is pegged to community-based dApps.

This places Pi in a good position to easily join the single market of the digital asset economy of $1.2 trillion in Europe, which could open up cross-border payments, in line with the ISO 20022 requirements, by November 22, the global deadline of banking migrations.

Accumulation of Whales and Node Boom: 50M Devices Power AI Compute Revolution

Fireworks are being fueled with on-chain fireworks. The west coast leader, the largest PI whale, scooped 58781 tokens on the day before yesterday after he had a 917000-coin binge, which spells conviction with deep pockets as to accumulation mode.

Big inflows reached a five-week peak, and the Chaikin Money Flow surged up to signify the new capital rotation into PI during altcoin rotations. A decentralised backbone of more than 350,000 active nodes, representing 50 million mobile devices, is currently in place, and it will surpass the performance of the market by Q4 2025.

These nodes are being alternatively turned into a distributed compute layer with a bombshell partnership with AI startup OpenMind, allowing everyday smartphones to execute AI models without connecting to the clouds provided by Big Tech.

It is a human-centric innovation that combines blockchain identity and decentralised labour, which has the potential to reduce AI expenditures by 90% and bring billions to Web3. More recent updates, such as Node v0.5.4 (renamed Pi Desktop), improve calculating rewards and making them easier to use, fixing App Studio glitches to get a better preview and exporting of dApps. The activity on the mainnet, which is at 296 nodes and three validators, is accelerating with the release of V23 protocols, smart contracts, and Linux.

One of the things that has been supercharging the momentum of developers is Hackathon 2025 and liquidity programs, and the Gargoura Digital Bank Testnet is opening Pi-native lending and borrowing. These steps mitigate historical complaints of low on-chain traction, and daily unlocks are averaging 4.5 million PI, slightly, but balanced out by lock-up mechanisms to reduce the pressure of selling.

Rebound: Technical With Targets of $0.295 on Falling Wedge Breakout

Graphs are a bullish picture of PI. Having clustered around $0.22-0.23, the token has drawn a double-bottom formation, and the neckline resistance stands at 0.2950. The convergence of the downward trendlines indicates a possible reversal that was supported by a rising RSI that increased to 60 after the oversold positions. The 20-EMA reclaim is an indication of short-term strength, and a fall below the 0.226 mark might spell re-testing of October lows at 0.217.

Wider pointers are moving in the same direction: MACD histograms changed to positive, Stochastic RSI out of the bearish divergence, and open-interest shot up to $25 million. The 1.66% gain to $0.227279 that PI had made earlier in the day preceding the highs of 24 hours ago has since increased, with the highs at 0.2606 and the lows at 0.2261.

Correlation with meme assets such as DOGE is indicative of speculative froth, but fundamentals such as 139 million PI unlocks this month injects volatility – but whale buys lessen dilution at the expense.

PI is solidly in accumulation and will mark up were Bitcoin to stabilise at over 92,000, which is in a lens driven by the Dow Theory. The bands of support at 0.222-0.225 are strong, and a strong close above 0.240 may generate a retest of the 0.26 highs of the month.

Introduction of Regulatory Green Lights and DEX: Nov. 20-28 Milestones in Focus

The takeover of Europe is only the starter. The first listing venue is the MiCA-licensed arm of OKCoin Europe that will open on November 28, just a few days after documents are released on the 27th. There is also the extension of this compliance odyssey to the global aspirations of ISO 20022 interoperability to facilitate the remittances through faster, cheaper means.

Being launched on November 20-22, the Pi DEX Delivery will offer Native swaps and liquidity pools, ushering in closed and open mainnet periods. KYC improvements and mainnet migrations are gaining momentum, and more than 824 million tokens are currently in circulation after lockups.

Such a collaboration as the historic collaboration with a ten-year-old blockchain giant – information forthcoming – would bring technical power, such as scalability audits, to capital networks.

Limited access to exchange and regulatory opacity is a lament made by critics, but the current 12% intraday pump on X hype points to a change of momentum. With Bitcoin recovering by 4%to $91,775 on whale purchases, the decoupling of PI shows brightly, with the altcoin counterparts such as Ethereum gaining 2 per cent.

Horizon Scan: $0.55 Q4 Target or $1,000 by 2030? Forecasts Diverge Wildly

PI takes a continuum of analyst visions. In the short term, CoinDCX targets a mid-November surge to $0.232- 0.238, and final-year averages of $0.35-0.75 in case mainnet dApps continue to expand. Bitget bullish models project rallies of 35% to hit 0.64, with CoinGape projecting highs of 0.261 and lows of 0.219 in 2025, depending on Q4 liquidity jumps.

Long-term, optimists such as Coinpedia project to $2.382.40 by the end of November in a macro thaw, which will topple to $4.50 at adoption waves by 2030. Bitget moonshots suggest that the gains are 385,000 per cent through network effects, saying it will go up to 1,000 by the end of the decade. According to Bears at CoinCodex, the drops are projected to be -25% to $0.1694 by December based on sentiment at Extreme Fear (14/100) and quarterly unlocks saturating supply.

With the introduction of AI in the year 2040-2050 and the implementation of the global currency, PI would be projected up to 0.4568 bank annually with the growth models. However, in the absence of utility explosions, such as the rumoured NFT staking or equity derivatives, volatility is the order of the day. The inflexion point of traders is the $0.2950, the scale is below 0.240, and the stops are 0.217.

The story of Pi Network is the tribute of grassroots determination: IOU trades, MiCA mastery and more, it is redefining the book of mobile crypto. Once the stars of November fall into place, the DEX sinks, the EU launches, the AI nodes, and the PI holders get set to launch.

The army of 50 million fans that Pi boasts in a business that seeks inclusivity is not merely being used to dig coins, but rather a movement. Will it be the impetus that takes PI to blue-chip status, or another altseason mirage? The ledger is stored in the blockchain, which is ever alert.

The meme coin craze that made Pepe (PEPE) a household name in 2023 has taken a hit in the wrong direction, with the frog-based token falling 5.2% in the last 24 hours to trade at 0.00000512 at the beginning of the afternoon.

PEPE has plunged to the third-largest meme coin after Dogecoin and Shiba Inu with a market cap of around 2.15 billion, although the trading volume collapsed 35 per cent to 285 million in evidence of growing retail apathy in a risk-averse market. This recent slide is with the altcoins trailing behind Bitcoin, which is sitting at around $95,000 due to the looming potential of a long-term tightening of the Federal Reserve as well as geopolitical strife.

As an ERC-20 token, PEPE was launched on Ethereum in April 2023 and soared more than 7,000% in the first year to hit the peak of $0.000004408. Four years later, in November 2025, the owners of the token, 437,000 in total, are experiencing a savage -48% loss over the last 90 days.

The Fear and Greed Index has been reported to be at an all-time low of 29/100, which is the indicator of extreme fear, and the meme coins have performed 72% worse than Bitcoin on a year-to-year basis. However, the strong community of PEPE, due to the virality of social media and zero utility except speculation, retain it in the limelight, and analysts debate whether this is a buying opportunity or a prelude to greater losses.

Technical Melting Potent: Head-and-Shoulder $0.00000185 Necklace

Peep Show followers are raising an alarm following PEPE drawing a textbook head-and-shoulder appearance, which was verified on November 7. The neckline violation of the right shoulder has precipitated a bearish cascade, which has been hit by momentum indicators such as RSI plunging down to 32 in the oversold area, but not with conviction to reverse.

Support of 0.0000055 is breaking, and a decisive close below might trigger a 67% crash to 0.00000185 according to technical guru Ali Martinez. The volume profiles indicate that the sellers are in control, and the 20/50/100 EMA cluster forms a strong overhead resistance to sellers at $0.0000064.

On the other side, an unexpected recovery above the level of $0.00000797- the 2025 maximum- might cancel the trend and trigger a relief movement to the level of $0.0000080. However, with the rates of funds flashing negative and open interest reducing by 12% in the last week, the leveraged traders are scrambling away, making the downside even bigger.

PEPE has a much stronger relationship with the overall weakness of altcoins: it has fallen by a whopping 19.35% in the last seven days, and in comparison, peers such as FLOKI (-14% and BONK -11) have also fallen. Because of the rotation of the liquidity towards blue-chips, there is an exposure of meme tokens such as PEPE, which can be prone to flash crashing due to low-float dynamics.

Whale Gaming: $12.3M Off-Exchange Buy Runs into Bearish Shorts

There is a lot of money on each side of the PEPE arena. November 6: A giant whale had scooped 2 trillion tokens, worth $12.3 million, instantly out of Binance, and selling exchange reserves and traditionally a bullish signal of accumulation.

The long-term holders have become 65% of the supply as compared to 58% in October, indicating diamond-hand conviction in the shuffle. It is this action that is correlated to a 257% increase in large transactions, as reported by IntoTheBlock, which suggests it is positioning itself for a bottom-fishing trade.

In stark contrast, the notorious so-called Anti-CZ Whale made a windfall of $21 million in PEPE shorts this month, selling positions that increased the October-November blowout. Circulating supply dumped by 1.2% since September, and speculation is strong that there is some coordinated provision of pressure to shake out weak hands.

On-chain sleuths observe clustered addresses which are associated with such dumps, and this casts doubt on manipulation in an industry known to be full of pump and dump. The holder base at PEPE has increased by 8% month-over-month despite the drama, which is an indication of its sticky meme-appeal, despite the flat daily active number of 45,000.

Tailwinds of Regulatory Support: UK-Japan Easing Will be a Meme Rally Starter

Global policy changes lead to a silver lining. November 5, 2021, announcement by the UK to regulate only the very big stablecoins of the Bank of England, coupled with a tax-free crypto profits proposal by Japan, and new lenient leverage actions, are bringing some reluctant confidence in meme markets.

These reforms will reduce the restrictions on retail traders, which would inject new funds into high-beta assets such as PEPE. CoinMarketCap analysts assume a 15-20% liquidity increase to Ethereum-based tokens in case it is implemented by Q1 2026, with meme coins set to get disproportionately high returns.

The turning point in Japan is very favourable: the loosening of leverage conditions would allow the revival of 10x-20x plays on exchanges such as HTX and OKX, PEPE/USDT pairs of which are dominant and have a volume of 30 million dollars per day. The UK relocation avoids overreach, with DeFi still having the wild west vibe memes flourish.

Should Bitcoin crack $105,000 on rate-cut expectations, PEPE may get to ride the altseason wave and will aim at hitting $0.0000072 in a sharp reversal. Trying to upgrade utility, however, is a message that sceptics caution PEPE has not become, as they are likely to be in 50% swings on a single viral tweet.

Price Projections Outliers: $0.000028 Ceiling by 2025 or Under -0.000002 Floors?

The forecasts on the path PEPE will follow are a polarising view. Coinpedia bullish voices target $0.000028 at the end of the year, 450% above current levels, due to hype by the community, and macro thaw.

Changelly agrees with the position of an average of November at 0.00000404 with a high of 0.00000475, provided there are no additional failures. Averages may reach $0.0000147 by 2026, and in 2030, averages may reach the sky at 0.000029997 with adoption following the Dogecoin path.

Bears aren’t convinced. Cryptopolitan predicts only that in a complete bull market, but no more than, the price will be $0.000035 in 2025, and that unless demand soars, in 2029 it will be down to $0.00001.

CoinCodex notes the influence of whales and halvings as volatility enhancers and Stealthex projects to $0.014 by 2030 – a moonshot with a 280,000% gain requirement. Reaching $0.01? Impractical with a market cap that is bigger than Ethereum, analysts jibe. In the case of 2040-2050, there are wildcards such as AI-driven memes or regulatory clarity that might drive PEPE to 0.0001, but that is just pure speculation.

In the short run, the November floor is at $0.00000333 per Changelly, and the ceiling is at $0.00000416 unless it turns into a volume bomb. It is recommended that traders reduce to below $0.0000050, with the resistance on the way to 0.0000068.

It is up to PEPE to find a way to start a viral blaze as it traverses the meme winter to maintain its relevance as a social phenomenon; a celebrity endorsement or an Elon Musk frog emoji might turn the tide overnight.

PEPE represents the sublime crypto-theatre pleasure of no fundamentals; everything feels. Since its Ethereum hatchling to a 2 billion dollar giant, it has managed to survive dumping grounds that killed smaller frogs. With regulatory breezes behind it and technical storms looming in 2025, PEPE holders gear up for the next act of volatility. Is this the diving pool, before the drowning, or a croak into darkness? Only the blockchain knows.

HYPE is a native token of Hyperliquid that was in the news today as it rides the unstable crypto market in the constantly changing environment of decentralised finance. HYPE, which trades at USD38.50 in the mid-morning, is down 3.04% in the last 24 hours as the company becomes a victim of industry dynamics.

The token also has a market capitalisation of approximately 12.96 billion, positioning it as 11th in the list of cryptocurrencies, indicative of its increasing popularity in the perpetual futures trading market. Nonetheless, the trading volume has been strong despite the dip at 541.6 million, which is an indication that the retail and institutional investors are still showing considerable interest.

A blockchain-based platform, with a highly efficient design, highly efficient due to its functionality, perpetual exchange delivered free of gas (hyperliquid), has remained unique to this day. It is composed of a native Layer-1 chain and has sub-second latency on trades, which traders consider an alternative to centralised exchanges such as Binance.

The current price movement is set against a macroeconomic nervous system, with the aftermath of the recent rate actions by the Federal Reserve, which has already cut the value of key investment vehicles and Bitcoin and Ethereum. However, the strength of HYPE prevails as it has beaten the pack in the past month with a significant 10.5% gain when BTC and ETH lost 14.8% and 21.7% respectively.

Whale Trading Stokes Conjecture: $2.71M HYPE Buyback Signifies Trust

The news of new whale movements in the Hyperliquid platform is the buzz entering the market. The HYPE tokens, totalling millions, were additionally bought, and the reserves of the Assistance Fund became stronger in the past 24 hours, which can help in the case of downside risks.

This is a buyback program that belongs to the continuation of treasury management by Hyperliquid, and emphasises that the protocol is devoted to token holders’ value accrual. Analysts view this as a show of trust by big holders, particularly since chain everyday charges shot up 33-50% in recent sessions, giving it a revenue conquest, which can be used to expand the ecosystem further.

According to on-chain data, a wallet has accumulated 84,094 in profits on a leveraged SOL short position, indicating that the platform is desirable to trade with large amounts of money.

As Hyperliquid gains more than 80% of the share of the market share that is decentralised, its open interest has risen to a staggering figure of $8.4 billion, which is remarkable considering that the chain is only a year into its explosive growth. The volumes have surged to a high of 30 billion in a single day, which is comparable to the traditional exchanges but with the transparency and security of blockchain technology.

Large Looming Token Unlock Looms 2.66% Supply Release to be Had November 29

There is a dark cloud looming over the token that comes in the form of a looming unlock event as the world engages in the Hyperliquid innovations. On November 29, 237.8 million HYPE tokens (23.8% of the total supply) will be released into circulation at a linear rate over 24 months.

Such an initial tranche is equivalent to 2.66% of outstanding supply, which creates concerns of dilution and pressure on the price. According to technical charts, HYPE is testing a head and shoulders pattern, and the breakdown may hit the level of $20 in case a support at level 32 is broken. Funding rates have reversed at -0.003, which is an indication of the negative sentiment of leveraged traders.

Irrespective of these headwinds, the fundamentals of Hyperliquid are iron-clad. The HIP-3 upgrade of the protocol, which allows permissionless perpetual markets through HYPE staking, has given builders the freedom to create their own trading venues, which has broadened the scope of the ecosystem.

New integrations, such as the BLP Protocol testnet of native lending and borrowing over Hypercore, are likely to unlock new primitives of DeFi. In addition, the chain has 200,000 transactions per second, making it a leader in scalability compared to its competitors in terms of raw throughput.

The Fallout Echoes: $4.9M POPCAT Loss Makes a Case for DeFi Risks

The rise by Hyperliquid has not been without bruises. The site itself was only hit by a liquidity strike of 4.9 million dollars due to a scam of gross market manipulation scam by the Solana-based meme coin POPCAT.

A trader, who traded via 19 wallets, deposited $3 million of USDC to open 26-30 million in 10x longs before disappearing a fake $20 million buy wall. The subsequent crash caused a series of liquidations, and it was the third crash in 2025 and leaving the community vault with bad debt of $5 million.

Hyperliquid, in its turn, paused the operation of the Arbitrum bridges temporarily to investigate the attack, which was highlighted as manipulation, but not a smart contract exploit. This incident has raised some arguments about risk management in DeFi, and increased leverage caps and more frequent real-time monitoring are suggested.

Even liquidity providers, which are already struggling with cascading sells, are insisting on increased buffers to build confidence. Nonetheless, the transparency of the platform, which is also reflected in its on-chain order book, has mitigated the impact of the event on a larger scale since there are no reported outages or validator issues.

Critics complain of increasing competition by emerging entrants such as Aster, Lighter, and EdgeX that are sucking up volume via aggressive front-ends such as Phantom. Open interest has not yet quite recovered after an October 10 liquidation runup, and other traders note a potential issue that Hyperliquid will refer to as the chink in the armour to the fee-generation story.

An unrealised loss of 18 million on a ZEC max short liquidation, being the latest one, further highlights the dangers of making 20x leverage, in which a single wrong move can make or break fortunes.

Bullish Horizons huge: ETF Filing and Ecosystem Expansions in the Radar

Through the chaos, there are some rays of hope. It is getting institutional, and 21Shares has filed an application with the Securities and Exchange Commission in the U.S. with respect to a Hyperliquid ETF, which would inject billions in new capital.

This action is in line with the shift by Hyperliquid in diversifying its revenues, such as integrating stablecoins and equity derivatives. The mainnet release of HyperEVM earlier in the year has accelerated the busyness of the developers, driving a set of dApps that compete with Ethereum, but at a faster pace.

HYPE has a bright long-term outlook regarding the price. The peak of $82.29 is predicted in 2025 due to DeFi adoption and possible top-10 status in the market by market value. At a sustained innovation level with macro wind, averages may reach as high as $125 with a peak of as high as $185 by 2030.

RSI at 68 is a technical indicator indicating a positive trend towards 58-60, but it is also at risk of being overbought at 75. The bullish slope of the Relative Strength Index, coupled with the accumulations of whales amounting to 19.38 million buys in the last purchases, may lead to a recovery, provided that the unlocks of November are well received.

The Hyperliid narrative is that of disruptive, ambitious ways in a growing sector of DeFi. Since its first airdrop in November 2024, priced at 3.57, HYP performed to its highest returns of 900.16 in September, reaching as high as 59.33.

The chain is not merely trading tokens: as the chain continues to include alumni members of Harvard, Caltech, and MIT at the top, it is redefining the concept of liquidity in a decentralised world. To traders looking to enter, the existing down swing in the volatility provides an attractive risk-reward opportunity, but it is the home of high-speed action, and caution is king.

In short, November 20, 2025, sums up the duality of Hyperliquid: a giant that is struggling to come out of its growth pains but is ready to take off. With the whales rounding and unlocks arriving, everybody is watching this L1 competitor to determine whether it will be able to transfer its technical abilities into permanent market dominance.