Pi Network News: Will Pi Coin Recover After a 40% Drop? Price Outlook for March - AltcoinDaily.co
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Pi Network’s PI token officially launched on February 20, making an explosive debut with a 705% surge on its first day. In just a week, its price skyrocketed by nearly 1,458%, reaching an all-time high (ATH) of $2.98 on February 27. But just as quickly as it climbed, PI took a sharp turn downward, losing over 40% from its peak.

With such extreme price swings, the big question now is: Was PI’s early success just a hype-driven rally, or is there still room for growth? As March unfolds, will PI stage a comeback, or will the selling pressure continue to weigh it down?

Here’s a closer look at its journey so far and what lies ahead.

The Rise and Fall of Pi

In its early days, PI created a buzz in the crypto market, grabbing headlines and sparking conversations across social media. Between February 20 and 26, the token’s price surged by 2,692%, peaking at $2.98—a massive 2,856% jump from its launch price.

However, the rally was short-lived. As soon as PI hit its ATH, a reversal began. Since then, the token has dropped by at least 40.82%. In the last 24 hours alone, PI slipped another 6.9%, showing clear selling pressure in the market. The token is currently trading at $1.67.

Exchanges Are Unsure About Listing PI

Despite its rapid rise, PI has faced challenges in getting listed on major exchanges. On February 17, Binance conducted a community poll to gauge interest in listing PI. However, participation was very low, with just 0.12% of Binance’s 250 million users (about 294,957 voters) taking part. Still, over 86% of respondents voted in favor of a listing.

Binance later clarified that the final decision would be based on its official review process and listing standards.

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PI Price Prediction for March 2025

According to CoinCodex, PI could see a 234.84% price increase this month. The average forecast for March is $3.37, which is 101.79% higher than its current price. The maximum price prediction stands at $5.64—a potential 237.72% surge, while the minimum price is expected to be around $1.68, just slightly above its current value.

Source: CoinCodex

While PI has shown strong potential, its future largely depends on exchange listings and market sentiment. Will buyers push PI back to new highs, or will selling pressure continue? Let’s wait to see.

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