The cryptocurrency industry witnesses the arrival of a plethora of new assets on a daily basis. While some manage to slowly build and bring in gains for their investors, a few others are mere pump-and-dump schemes. Pi Coin (PI) is a fairly new asset that caused an uproar in the market for its massive rise after its launch. The asset managed to rise to an all-time high of $2.98 just days after it was rolled out. But currently, the altcoin is trading 75% below this peak and is also closer to its all-time high. The real question is if April can bring in notable changes in the price of this cryptocurrency.
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Has Pi Coin Started Its Recovery Journey?
The entire cryptocurrency market was seen entering the first day of the second quarter on a high note. Several assets were pocketing notable gains during this period. At the time of writing, Pi Coin was trading at $0.7182. This comes after the asset surged by 2.29% throughout the past 24 hours.
Despite its latest rise, the market has expressed concerns. During the last day of March, PI was seen dropping alarmingly close to its all-time low of $0.6152. The asset was trading at a low of $0.6858 on March 31. Currently, Pi Coin is only 16.73% below this price level.
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April End Price Prediction
It looks like PI is all set to turn over a new chapter at the end of April. While the entire month is expected to be bullish, the final few days will bring in massive gains for the asset. According to CoinCodex, Pi Coin is slated to record a 291% rise on April 26 and reach a high of $2.83. As seen in the below image, the last couple of days of April will bring in triple-digit increases in the market.
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