Pi Network Price Prediction: Live Pi Coin Value Today

muthoni
Updated
Why Trust CoinGape
CoinGape has covered the cryptocurrency industry since 2017, aiming to provide informative insights to our readers. Our journal analysts bring years of experience in market analysis and blockchain technology to ensure factual accuracy and balanced reporting. By following our Editorial Policy, our writers verify every source, fact-check each story, rely on reputable sources, and attribute quotes and media correctly. We also follow a rigorous Review Methodology when evaluating exchanges and tools. From emerging blockchain projects and coin launches to industry events and technical developments, we cover all facets of the digital asset space with unwavering commitment to timely, relevant information.
Pi Coin Price Crashes 50%, What Shall Investors Do Next?

Highlights

  • Pi Network price has dropped by more than 47% in just 24 hours
  • The token's exchange on OKX boded well for the token shortly after launch, but the price has since tanked
  • Pi Coin could resume its gains if it is listed on the Binance exchange.

Pi Network price is down by a staggering 47% in 24 hours, with high volatility rocking the newly launched coin. In 24 hours, Pi Coin price has fluctuated between a high of $1.97 and a low of $0.61. Following this steep decline, Pi Coin was among the worst-performing tokens on Friday. 

Pi Coin value today stands at $0.64, after bouncing slightly from an all-time low of $0.61. As the hype around the Pi Network mainnet launch and the token’s OKX exchange listing fades, will this coin resume an uptrend or is another crash imminent?  

Advertisement
Advertisement

Pi Network Price Prediction: Live Pi Coin Value After Successful Mainnet Launch 

Pi Network token faces high volatility, with the price fluctuating between $0.615 and $1.97 since launch. These sharp fluctuations are common with new token launches and may persist until the market establishes a stable value for Pi Coin. 

Pi Network Price Prediction: Live Pi Coin Value Today
Pi Network Price: CoinGecko

Pi Coin’s performance one day after launch is underwhelming considering the massive hype around the token and the Open Network mainnet launch. This downtrend is likely from early buyers booking profits or late buyers looking to minimize losses.

However, despite this dip, a parabolic rally to $300 remains likely due to the potential listing of Pi Coin on other centralized exchanges such as Binance. Exchange listings tend to bode well for new tokens, and could lead to PI forming fresh all-time highs. 

At the same time, the project’s tokenomics seem strong, with a circulating supply of 9.7 billion tokens. Pi Coin’s maximum supply stands at 100 billion tokens, indicating that only 9% of the available supply is available in the market.

The framework used to release the rest of this supply could influence the long-term performance of Pi Network price. The adoption of the blockchain by decentralized applications (dApps) will also have an impact on the price. 

Advertisement
Advertisement

Are Pi Coin Sellers on the Verge of Exhaustion? 

The Pi Coin 15-minute chart shows a clear tussle between buyers and sellers. Shortly after launch, the high buying volumes were replaced by selling volumes that have seen its Relative Strength Index (RSI) fall to 40.

Pi Network Price Prediction: Live Pi Coin Value Today
PI/USDT: 15M Chart

At this RSI value, Pi Network price is yet to be oversold, but bears are in control. For now, traders should watch out for seller exhaustion if the RSI falls below 30. Consequently, any positive developments from the network such as adoption could aid a rally.

Advertisement
Advertisement

Will the Hype Around Pi Network Last? 

The Pi Network mainnet launch was marked with much hype from the crypto community. The buzz was similar to projects such as Hamster Kombat and Berachain. This hype drove the parabolic gains in Pi Network price shortly after launch. 

Whether this hype will last depends on the performance of Pi Coin. If it continues to struggle under selling pressure, the market sentiment around Pi Network could flip bearish.

However, if Pi Coin lists on Binance, another rally could be underway. Additionally for the altcoin to sustain a healthy uptrend and attain a stable price, Pi Network needs to develop strong use cases and gain adoption from dApps. 

Advertisement

Frequently Asked Questions (FAQs)

1. What is Pi Network price today?

Pi Network trades at $0.64 today after dropping by 47% in 24 hours

2. Can Pi Coin resume its uptrend?

Pi Coin could resume its uptrend due to the upcoming listing of the token on other exchanges such as Binance. The adoption of the Pi Network could also bode well for the long-term performance.

3. Will Binance list Pi Coin?

The Binance exchange published a community vote on whether to list Pi Network, but has yet to confirm a listing.
coingape google news coingape google news
Investment disclaimer: The content reflects the author’s personal views and current market conditions. Please conduct your own research before investing in cryptocurrencies, as neither the author nor the publication is responsible for any financial losses.
Ad Disclosure: This site may feature sponsored content and affiliate links. All advertisements are clearly labeled, and ad partners have no influence over our editorial content.

Why Trust CoinGape

CoinGape has covered the cryptocurrency industry since 2017, aiming to provide informative insights Read more…to our readers. Our journal analysts bring years of experience in market analysis and blockchain technology to ensure factual accuracy and balanced reporting. By following our Editorial Policy, our writers verify every source, fact-check each story, rely on reputable sources, and attribute quotes and media correctly. We also follow a rigorous Review Methodology when evaluating exchanges and tools. From emerging blockchain projects and coin launches to industry events and technical developments, we cover all facets of the digital asset space with unwavering commitment to timely, relevant information.

About Author
About Author
Muthoni Mary is a seasoned crypto market analyst and writer with over three years of experience decoding blockchain trends, price movements, and market dynamics. She holds a Bachelor’s Degree in Commerce (Finance) from Kenyatta University, blending a solid academic foundation with a sharp eye for technical analysis and a deep understanding of on-chain data. Her work delivers clear, data-driven insights that empower investors to navigate the fast-evolving digital asset space with confidence. When she’s not analyzing the markets, Mary enjoys reading and travelling.
Investment disclaimer: The content reflects the author’s personal views and current market conditions. Please conduct your own research before investing in cryptocurrencies, as neither the author nor the publication is responsible for any financial losses.
Ad Disclosure: This site may feature sponsored content and affiliate links. All advertisements are clearly labeled, and ad partners have no influence over our editorial content.