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What to Know Before Buying The Dip

By WebDeskJune 11, 20252 Mins Read
What to Know Before Buying The Dip
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Pi Coin (Pi Network/ PI) continues to face a slump despite a market-wide turnaround. PI’s price has fallen 0.4% in the daily charts, 2.6% in the weekly charts, 14.1% in the 14-day charts, and 57.7% over the previous month. PI’s position among the top projects by market cap has fallen to the 36th position

Pi Coin price chart
Source: CoinGecko

Should You Buy The Pi Coin Dip?

stock cryptocurrency market crash red dipstock cryptocurrency market crash red dip
Source: livewiremarkets.com

PI had quite an incredible run earlier this year. The cryptocurrency experienced a massive surge in popularity and price after the early 2025 crypto bull run. PI hit an all-time high of $2.99 on Feb. 26, while other crypto assets were facing a slump. PI’s price has fallen by 78.6% since its peak.

The latest dip could be due to investors reshuffling their funds into more stable crypto assets. Bitcoin (BTC) has reclaimed the $109,000 mark after its dip to $100,000 earlier this month. Investors may be wary about investing in risky cryptocurrencies.

CoinCodex anticipates Pi Coin’s price will dip in the coming weeks and then move in a sideways trajectory over the next few months. The platform predicts PI will trade at $0.48 on Sept. 8. PI’s price will fall by 23.81% if it dips to the $0.48 target.

PI price prediction
Source: CoinCodex

There is also a possibility that PI will generate steam over the coming weeks. There is a chance that the Federal Reserve will cut interest rates soon. President Trump has been pushing for lower interest rates since his inauguration. A rate cut could lead to a surge in risky investments. The crypto market could greatly benefit from a rate dip.

Also Read: Pi Coin: What’s PI’s Price If Its Market Cap Hits $15 Billion?

PI could also experience a rally if BTC continues its upward momentum. The original crypto is just 2.2% away from its all-time high of $111,814. BTC hitting a new peak could trigger another market-wide rally.

Credit: Source link

Previous ArticleShibarium Usage Jumps 54%, Is SHIB Ready for a Liftoff?
Next Article Coinbase Reports 67% Yearly Rise in F500 Blockchain Use – These 4 Cryptos Could Explode

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