Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesBotsEarnCopy
Pi Coin Price Prediction: Pi Network Faces Migration Issues, Drops 10%

Pi Coin Price Prediction: Pi Network Faces Migration Issues, Drops 10%

CryptoNewsNetCryptoNewsNet2025/03/15 08:33
By:coinpedia.org

The Pi Network community recently celebrated Pi Day, marking the sixth anniversary of the project. Pi Network, a cryptocurrency that allows users to mine coins via their smartphones, has experienced significant price swings since its mainnet launch and subsequent exchange listings. After an initial spike to $2.10, the value of Pi Coin dropped to $1, causing a wave of speculation regarding a potential Binance listing. However, Binance has stated that there is no official confirmation of such a listing, leaving the claims unverified.

Currently, Pi Coin is trading at $1.47, with the price hovering just below the $1.50 mark. The weekend could potentially see further downward pressure, but Pi has managed to stay above $1, maintaining a strong position amidst market uncertainty. There are expectations of a potential bull run, which could drive the coin’s value even higher in the near future.

If Pi manages to close above the $1.50 mark, a continued rally could follow, potentially pushing the price to $2 or higher. With the broader market sentiment turning positive, Pi’s price could reverse in a favorable direction.

Pi Network Faces Migration Issues, Coin Price Drops 10%

Pi Network users who have completed their KYC (Know Your Customer) process are facing challenges transferring their Pi tokens. The issue, reportedly coming from the PI$PI team, has led to a 10% drop in the coin’s price over the past 24 hours. Despite this, the Pi Network’s economy continues to expand, with more businesses across China accepting Pi for real-world transactions, from restaurants to retail shops. This rapid growth in adoption is seen as a sign of increasing real-world utility for the Pi token and marks a significant step toward a decentralized economy.

1

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Locked for new tokens.
APR up to 10%. Always on, always get airdrop.
Lock now!

You may also like

USD/CNH breaks through 7.3000 yuan mark

Cointime2025/04/17 07:44

When Will the Bitcoin Dump Finally Stop?

Bitcoin price continues to fall, sparking panic among investors. Is there an end in sight?Bitcoin Dump Worsens as Fear Grips the MarketKey Support Levels to Watch Amid Bitcoin DumpWhat Could Trigger a Turnaround?

Coinomedia2025/04/17 06:33
When Will the Bitcoin Dump Finally Stop?