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.
Crypto analytics firm Alphractal has released new insights into the altcoin market, highlighting RAY as the token with the highest long-to-short ratio among major altcoins.
The dream of Dogecoin reaching $1 is alive and well among its community, even though the coin remains stuck under $0.20.
Donald Trump’s memecoin project has seen a noticeable shift in activity following his announcement of exclusive rewards for major tokenholders, including a private dinner and a possible White House tour.
Momentum is building around Solana (SOL), with some market watchers suggesting it could soon surpass Ethereum (ETH) in performance if the crypto market heats up again.