The cryptocurrency industry has witnessed the arrival and departure of several coins. After six whole years, the Pi Network finally rolled out its very own cryptocurrency. PI entered the market making headlines. Despite a steep decline upon launch, the price of the asset has subsequently risen, hitting a new all-time high of $2.98 on February 27. The real question is if the altcoin will continue this momentum and record an uptick in the coming month.
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A Look Into PI’s Current Market
PI started at a low of $0.6152 and managed to rise close to the $3 mark within a week of its launch. Throughout the past seven days, the altcoin has surged by nearly 200%. At the time of writing, the Pi Network fell prey to the overall market downtrend and was trading at $1.99. Over the past 24 hours, the asset witnessed a downfall of 25%.
While the asset is still new, exchanges are skeptical about listing PI. Recent data from Binance Square shows that 86% of participants supported listing the asset. More than 294,957 votes were cast in the community poll, which started on February 17. As a result, just 0.12% of Binance’s 250 million users participated in this poll.
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This, however, did not mean a guaranteed place for PI on Binance. The exchange said,
“While we value and consider the vote results, they are for reference only and do not determine any decision or action Binance may or may not take. The project’s launch is still undergoing evaluation, and the decision will be based on our official review processes and standards.“
March 2025 Price Prediction
According to data from CoinCodex, PI could witness a massive uptick in March 2025. The asset is expected to trade at a high of $8.23 following a 290% rise from its current price level. The average trading price of the asset could be around $4.89 during this month. In addition, the lowest that PI will be priced at is $2.41.
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