Pi Network Coin has once again gained momentum in the crypto market. In the past 24 hours, it has surged 12%, bringing back investor confidence after a recent dip. On Tuesday at 2:30 PM, the coin was priced at $1.75, and exactly 24 hours later, it reached $1.96. This return is far higher than what most other mainstream cryptocurrencies offer in a short period.
Pi Network Coin’s Price History – A Rollercoaster Ride
Pi Network Coin was launched on February 20, 2024, at $1.84. However, instead of rising, its price crashed within 24 hours, reaching $0.64 on February 21. This sharp drop created uncertainty among investors.
Despite the initial fall, the coin recovered quickly. By February 25, its price had surged to $1.59, marking a 148% rise from its lowest point.
On February 27, Pi Network Coin reached its highest price ever at $2.93. However, it later faced a 35% correction.
What is Pi Network?
Pi Network is a Web3 blockchain project that allows users to mine cryptocurrency using their smartphones. It was founded in 2019 by Stanford PhD scholars Nicholas Kokkalis and Chengdiao Fan.
Recently, Pi Network Coin has been listed on major crypto exchanges like Binance, CoinDCX, OKX, and Bitget, giving users the opportunity to trade their holdings for the first time.
Can Pi Network Coin Reach $100 in 2024?
Many crypto analysts believe Pi Network Coin has huge potential. If its adoption increases and more exchanges list it, its price could surge significantly. Some experts predict that it may reach $100 by the end of 2024.
Disclaimer:
Crypto investments are highly volatile and risky. Before investing, conduct thorough research and make informed decisions to avoid financial losses.
