The cryptocurrency market has been falling for a while. Despite a pronounced start to the year, some assets were seen drowning in losses. Among these, Pi Coin (PI) debuted, shaking the market. It made a pretty strong entry but couldn’t keep up. Altcoin has hit a string of all-time lows over the past few days. In the past month alone, the PI has been soaked by nearly 60%. The emotions around this asset are now bleak, but the community hopes to document major changes sooner or later.
Is Pi Coin starting its recovery phase immediately?
Pi Coin was seen fading, reflecting the rest of the market sentiment. At the time of writing, assets were trading at $0.5668, down 2.33% over the past 24 hours. Pi had a rather difficult weekend as he experienced an increase in volatility during that period.
The fairly new cryptocurrency was able to hit a record high of $2.98 shortly after its launch. This peak was achieved more than a month ago in February. Currently, PI is 80.97% below this high. This looked promising, but the assets fell to an all-time low of $0.4012 last week. The Pi is just 41% above this low price.
2025 Price Prediction: Will your $3 dream come true?
The PI market is expected to enter the second quarter of this year with a rather bullish memo. Most of 2025 is great for assets, but we expect to see significant benefits, especially in April. According to Concodex data, Altcoin has skyrocketed nearly 600% from its current price level, potentially reaching $3.94 in April 2025. Assets not only recover previous peaks, but also register new ones.
