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Pi Network’s PI token has experienced extreme volatility since its launch on February 20. After surging by over 1,458% in just a week, reaching an all-time high (ATH) of $2.98, PI saw a sharp 40% decline, now trading at $1.67. The key question now: Can PI recover in March, or will selling pressure persist?
The Rise and Fall of PI
PI’s launch created significant buzz, with its price skyrocketing by 2,692% between February 20 and 26. However, the rally was short-lived, and a steep sell-off followed. In the last 24 hours alone, PI has slipped another 6.9%, indicating sustained selling pressure.
Will Exchanges List PI?
One major obstacle to PI’s growth is its uncertain exchange listings. Binance conducted a community poll on February 17 to assess interest in listing PI, but only 0.12% of its 250 million users participated. Despite 86% of voters favoring a listing, Binance stated that the final decision would depend on its listing criteria.
PI Price Prediction for March 2025
Despite the recent downturn, analysts remain optimistic. According to CoinCodex, PI could surge by 234.84% this month, with a projected average price of $3.37—a 101.79% increase from current levels. The maximum price forecast stands at $5.64, while the minimum price could hover around $1.68.
What’s Next for PI?
PI’s future remains uncertain, heavily reliant on market sentiment and exchange listings. If major exchanges list PI, renewed investor interest could push the token to new highs. However, without widespread adoption, selling pressure may continue.
Will PI bounce back or remain under pressure? March will be a decisive month for the token’s trajectory. Stay tuned for more updates on PI’s performance in the crypto market.
Disclaimer: The information in this article is for general purposes only and does not constitute financial advice. The author’s views are personal and may not reflect the views of Chain Affairs. Before making any investment decisions, you should always conduct your own research. Chain Affairs is not responsible for any financial losses.
I’m a crypto enthusiast with a background in finance. I’m fascinated by the potential of crypto to disrupt traditional financial systems. I’m always on the lookout for new and innovative projects in the space. I believe that crypto has the potential to create a more equitable and inclusive financial system.
