Pi Coin, the cryptocurrency from Pi Network, has recently shown high price volatility following its Open Mainnet launch on February 20, 2025.
Cryptocurrency is known for its volatility, and Pi Coin (PI) is no exception. The cryptocurrency, developed by Pi Network, has shown high price volatility after the launch of Open Mainnet on February 20, 2025.
Following its launch, Pi has surged around 80%, reaching an all-time high of $2.98 today at 10:00 PM. As the coin is witnessing high trading volume, it’s increased by 300% in 24 hours.
Earlier, the coin dropped to $0.737 in early morning trading after launching at $1.9 and quickly rising to $2.2 as traders booked profits. But the coin had seen a strong recovery after the price crashed to $0.737.
The coin had dropped sharply after reaching highs of $1.9, following which traders began booking profits. However, the coin’s popularity has pushed the price up again as it is now trading above the $2 mark and is next eyeing $3.
“The coin had dropped sharply after reaching highs of $1.9, following which traders began booking profits. However, the coin’s popularity has pushed the price up again as it is now trading above the $2 mark and is next eyeing $3,” said market experts at Crypto News Point.
Pi Coin has gained attention for its unique approach to cryptocurrency mining, which can be done using a smartphone app. The coin is designed to reward users for their contributions to the Pi Network, such as inviting new members or verifying transactions.
Pi Coin is available for trading on several cryptocurrency exchanges, and it has been gaining popularity among retail investors.
Some analysts believe that wider adoption and exchange listings could push Pi Coin’s price even higher in the coming months. However, market experts caution that Pi Coin remains highly volatile, and its long-term price trend will depend on factors such as regulatory developments, adoption rates, and network utility.
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