Pi Coin (PI) has made headlines due to its massive price fluctuations. The asset reached a record price of $2.98 just days after its launch. However, this upward trend was disrupted as Pi Coin fell back below $1. The current trading price of the asset is 72% lower than this historical high. Over the past week, the altcoin has dropped significantly by 8.45%, falling from a high of $1.11 to a low of $0.77. As the market enters a new quarter, the community hopes to see asset prices rise.
What is the current status of PI?
After a decline of 1.60% in the last 24 hours, the trading price of the altcoin is $0.8287 at the time of writing. PI successfully rose to a high of $0.8691 earlier today, but quickly fell to a low of $0.8131.
In addition to the sensational market performance, Pi Coin has also attracted attention for several other reasons. The newly added Pi Coin feature in the Telegram wallet has caught the interest of many. Users can now hold and purchase the asset directly in the chat app, even though features like sending and receiving within Telegram are still pending.
Price prediction for Q2 2025
The outlook for Pi Coin is expected to become increasingly optimistic in the coming months. The asset is projected to reach a new high of $3.98 in April 2025. According to CoinCodex data, the asset will rise by 380% compared to its current price level. Additionally, in May, the price of PI will range between $2.10 and $3.13. In the last month of this quarter, the asset will soar to a high of $3.39. The lowest trading price for PI in June is projected to be $2.87.