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Cryptocurrency News Articles
In the first week of March, the price of PI, the native token of the Pi network, remained above₹150, testing support at this level after a decline from₹250.
Mar 07, 2025 at 12:46 am
As of March 6, 2025, Pi Network (PI) is trading at approximately ₹156.70, which is 36.6% down from the last seven days, and its market cap is at ₹1,099.15 billion, or $15 billion.
The price of PI, the native token of the Pi Network, remained above ₹150 in the first week of March. The token saw some support at this level after encountering resistance at ₹250.
The price of PI, the native token of the Pi Network, remained above ₹150 in the first week of March. The token saw some support at this level after encountering resistance at ₹250.
As of Monday, March 6, 2025, PI is trading at approximately ₹156.70, which represents a 36.6% decrease from the last seven days. Its market cap is at ₹1,099.15 billion, or $15 billion.
The broader crypto market has turned bullish following President Donald Trump’s March 2 announcement of a U.S. Crypto Strategic Reserve, initially naming XRP, Solana (SOL), and Cardano (ADA) as chosen assets.
This announcement led to a surge in cryptocurrency prices, with the total market rising about 10%, or more than $300 billion, in the hours following the news. While PI was not explicitly mentioned in the reserve, the overall positive market sentiment has likely provided indirect support to its price.
Looking ahead, analysts have varying opinions on PI’s price trajectory. Some forecasts suggest that PI could reach as high as ₹266 ($3.06) in 2025. If PI breaks past this level quickly, it could then target ₹365($4.20).
However, if PI fails to hold above the ₹182 ($2.10) support line, which it has tested multiple times, it may see a drop to ₹130 ($1.50) or even ₹87 ($1.00). Sentiment remains bullish, with buyers expecting further gains if momentum continues.
Speculation around a potential Binance listing is also fueling optimism, with some projections suggesting PI could surge as high as ₹870 ($10) in an extreme bull case.
The Pi Network team recently announced an extension for both its Know Your Customer (KYC) verification and mainnet migration deadline. The new cutoff date is March 14, 2025, which also happens to be the project’s sixth anniversary.
Also Read: Pi Team Urges Pioneers to Build Apps on Pi Network
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- Mar 07, 2025 at 06:10 am
- The cryptocurrency market is abuzz with speculation following a major whale investment in HyperLiquid (HYPE), which has raised interest in whether the token could soon break through the $20 resistance level and head to new price highs.
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- tion: Happy Thursday! Anticipation is building ahead of tomorrow's inaugural White House Crypto Summit, with speculation swirling over exactly which industry heavyweights will be in attendance.
- Mar 07, 2025 at 05:40 am
- llowing article is adapted from The Block's newsletter, The Daily, which comes out on weekday afternoons.