What Is Pi Network And Today Pi Price

Khushitimes\Business: 

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

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 (approximately ₹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 PhDs Nicholas Kokkalis and Chengdiao Fan. It is a Web3 blockchain project that allows users to mine cryptocurrencies on their mobile devices. On February 20, 2025, Pi Network launched its open mainnet, transitioning it from a closed ecosystem to an interoperable blockchain. This makes external wallet transfers and listings on major exchanges possible. 

Price fluctuations

After the launch, the price of Pi Coin has seen significant fluctuations. Within 24 hours of the launch, its price dropped from $1.84 to $0.64. It then rose to $1.59 on February 25, a 148% increase in four days. On February 27, the price of Pi Coin reached a high of $2.93, but it declined by about 35% after that.

Future prospects

Many crypto experts believe that the 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 launched at $2. 

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