Pi Network Price: Will Pi Network become the next Bitcoin? Tremendous jump of 10% in 24 hours

Pi Network Price: The price of Pi Coin has seen significant volatility. Within 24 hours of launch, its price fell from $1.84 to $0.64. After this, on February 25, it reached $1.59, an increase of 148% in four days. On February 27, the price of Pi Coin reached a high of $2.93, but after that it fell by about 35%.

Pi Network Price: Pi Network has been a topic of discussion in the cryptocurrency market recently. In the last 24 hours, the price of Pi Coin saw a rise of 9.55%, taking it to $1.96 (about ₹ 170). With this increase, the market cap of Pi Network has reached $13.76 billion.

What is Pi Network

Pi Network was founded in 2019 by Stanford University PhD Nicholas Kokkalis and Chengdiao Fan. It is a Web3 blockchain project that allows users to mine cryptocurrency on their mobile devices. On 20 February 2025, Pi Network launched its open mainnet, transforming it from a closed ecosystem to an interoperable blockchain. This has made external wallet transfers and listings on major exchanges possible.

Price volatility

After the launch, the price of Pi Coin has seen significant volatility. Within 24 hours of launch, its price fell from $1.84 to $0.64. After this, on February 25, it reached $1.59, an increase of 148% in four days. On February 27, the price of Pi Coin reached a high of $2.93, but it has since fallen by about 35%.

Future prospects

Many crypto experts believe that Pi Network could gain a significant position like Bitcoin in the future. If its usage increases and major exchanges start listing it, its price could increase further. Some experts predict that the price of Pi Coin could reach $100 by the end of this year.

However, some analysts have warned against excessive expectations. According to DeFi analyst Crypto King, Pi's listing price will not reach $30-$40 or even $5. In fact, the token was launched at $2.

Advice for investors

Investing in cryptocurrencies is fraught with high risk, and Pi Network is no exception. Considering its extreme price volatility and future uncertainties, investors should consider carefully. Before making any investment decision, it is important to consult your financial advisor.

Disclaimer: Kalamtimes does not give any suggestion for any purchase or sale related to the stock market. We publish market related analysis quoting market experts and brokerage companies. But take market related decisions only after consulting certified experts.