After quite some time, the launch of a new cryptocurrency in the market made headlines. Pi Coin (PI) managed to catch the attention of the entire industry with its initial growth in price. The asset started at a low of $0.66 before jumping to an all-time high of $2.98 just days after its launch. While the community lauded the altcoin for this uptick, it failed to maintain this trend. PI was seen struggling to retain itself over the $1 mark. The asset went on to record lows as opposed to highs.
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Is Pi Coin Still Stuck In Its Price Rut?
Sadly, yes. The fairly new cryptocurrency is still trading at a lower price level. At the time of writing, the altcoin was trading at $0.6325. This comes after a 1.55% rise over the past 24 hours. It should be noted that Pi Coin has recorded a 65% drop since its launch towards the end of February 2025. In addition, the altcoin dipped to an all-time low of $0.4012 earlier this month.
According to CoinMarketCap, the community seems to be confident in PI despite its current price rut. The Community Sentiment indicator revealed that out of 3.9 million votes, 88% of them were bullish about Pi Coin. A dainty 12% seemed to be doubting the asset’s potential.
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April 25 Price Prediction
Things could be shifting for the altcoin over the next couple of days. According to data from CoinCodex, Pi Coin is all set to record double-digit spikes during this week. The asset will record a rise of 21.75% on April 25, which will further move the price of the altcoin to a high of $0.768. Even though this isn’t a massive rise, it is much needed for PI to push beyond the $1 mark.
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