PI Network (PI) officially opened its doors to external exchanges on February 20, 2025, after years of anticipation. The token initially increased to $ 1.84, but quickly dropped to $ 0.64 as the negotiation activity intensified. This early sale suggested that many holders took the opportunity to liquidate their tokens after the network has passed to an open trading environment.
However, the price has since rebounded considerably, increasing by 97% in the last 24 hours. This rapid increase made Pi the trendiest coin on CoinMarketCap. In addition, a community vote on Binance has shown that 85% of users have covered the PI registration on the platform, which has further fueled the interest in the medal.
In a single day, Pi Coin experienced a high increase of 159.83% prices, reaching $ 1.72 before stabilizing around $ 1.40. This rebound reflects a strong purchase interest and a renewed confidence of the PI network community.
Currently, Pi Coin is at $ 1.32, with a summit of $ 1.52 and a minimum of $ 0.72. The price has shown signs of a bullish rally after hitting key resistance levels, but certain signs of potential short -term withdrawals are also emerging, some traders noting a diverical lower RSI.
For the future, analysts look at if Pi will be able to maintain its momentum. If the price can be more than $ 1.10, there can be a potential for further growth. However, if the part does not maintain its current price levels, it could face a decline to $ 0.94 at $ 1.00.
While the PI network continues to develop and attract global attention, the coming days and weeks will probably reveal whether this wave is the start of a broader trend or simply a temporary rally.
