Global #PI

Despite a recent 2.85% drop in the last 24 hours and a 13% decline over the past month, Pi (PI) is showing signs of a potential turnaround.

With the cryptocurrency market showing renewed strength, a key question for many investors is whether Cardano (ADA) or Pi Network (PI) will be the first to reach a price of $5.

The PI Network token has recently shown strong signs of a bullish breakout, closing above the upper boundary of its horizontal channel.

After a significant downturn, the Pi Network (PI) token is seeing a modest recovery, with its price up over 5% to $0.3662.

On August 3, Pi Coin (PI) dropped to a new low of $0.35 before slightly recovering to around $0.36. This marks a 44% decline over the past two months, erasing most of its post-launch gains and significantly underperforming the broader altcoin market.

The long-awaited open mainnet launch for Pi Network on February 20, 2025, was met with high expectations from its millions of users, many of whom were anticipating a price of $10 per coin.