Pi Coin has experienced dramatic price swings since its market debut, initially surging to an all-time high of $2.98 before rapidly losing momentum.
The asset has since dropped over 72% from its peak, recently slipping below the $1 mark. Over the past week alone, it tumbled 8.45%, plunging from $1.11 to $0.77. As the new quarter begins, investors are watching closely, hoping for a potential rebound.
At the time of writing, Pi Coin had fallen 1.60% in the last 24 hours, trading at $0.8287. Earlier in the day, it briefly reached $0.8691 before sliding to a low of $0.8131.
Beyond its volatile price movements, Pi Coin has been gaining attention for its integration with Telegram’s wallet feature. This development allows users to store and purchase the asset within the messaging app, although sending and receiving transactions within Telegram itself have yet to be enabled.
Market analysts are optimistic about Pi Coin’s performance in the coming months, forecasting a strong upward trend. Predictions indicate the asset could soar to $3.98 by April 2025, marking a staggering 380% increase from its current price.
Projections for May suggest a trading range of $2.10 to $3.13, while by June, Pi Coin could climb as high as $3.39, with its lowest estimated price around $2.87.
With the U.S. Securities and Exchange Commission (SEC) already greenlighting spot Bitcoin and Ethereum ETFs, attention is now turning to the next wave of crypto-backed exchange-traded funds.
As crypto markets navigate another week of volatility and shifting sentiment, traders are increasingly turning their attention to emerging altcoins and high-momentum tokens.
A new milestone in cryptocurrency investment products is set to unfold this Wednesday, as REX Shares prepares to launch the first-ever U.S.-listed staked crypto exchange-traded fund (ETF), according to a company announcement shared on X.
XRP (XRP) has gone up by 1.2% in the past 24 hours but, behind that mild price increase, there has been a significant spike in trading volumes. During this period, $2.4 billion worth of XRP has exchanged hands, representing an 83% increase. Just hours ago, Ripple announced the official launch of its Ethereum-compatible sidechain called […]