March 21, 2025
Current Price: Approximately $1.16 Forbes+2Brave New Coin+2Pintu: All-in-One Crypto App+2
Recent Developments:
- Price Decline: Pi Coin has experienced a 31% drop over the past week, currently trading around $1.16, below the critical resistance level of $1.20. Brave New Coin
- Binance Listing Speculations: Rumors about a potential Binance listing have circulated, but Pi Network was excluded from Binance’s “Vote to List” campaign due to its independent blockchain, not being part of the BNB Smart Chain. Brave New Coin
- Potential Coin Burn: Discussions within the Pi Network community suggest a possible coin burn to address concerns about dilution, as over 1.6 billion tokens are scheduled to be unlocked this year. Pintu: All-in-One Crypto App+1CoinGape+1
Market Outlook:
Experts indicate that breaking above the $1.20 resistance could lead Pi Coin towards the $1.40 to $2 range. However, failure to maintain this level might result in a further decline to the $1.05–$1.02 range. crypto.news+3Brave New Coin+3CoinGape+3
Conclusion:
Pi Network is navigating a period of price volatility, influenced by market dynamics and internal developments. Investors are advised to monitor these factors closely when considering their positions.
For a visual analysis of Pi Network’s price trends, you can watch the following video:
Sources
