The post Is Pi Coin Poised To Hit $0.3 Ahead? appeared on BitcoinEthereumNews.com.

Pi Network price has lost more than 13% today amid a broader crypto market crash, falling to as low as $0.53. This drop has fueled investors’ concern, as they were expecting a strong recovery in Pi Coin’s value this week. On the other hand, a market expert has predicted a potential dip to $0.3 for the asset, while saying that the recovery might not start anytime soon. Pi Network Price Retreat: Here’s All The investors are keeping close track of the Pi Network price, especially as the crypto has continued to fall over the past few weeks. Notably, the crypto reached as high as $3 before wiping off much of its gain, with many urging the Pi Core team to help revive the asset’s price through token burns. As of writing, Pi price was down more than 13% and traded at $0.55, after falling to as low as $0.53 in the last 24 hours. Notably, the crypto’s trading volume from yesterday also recorded a slump of over 57% to $469 million. Meanwhile, the dip comes amid a broader crypto market crash, which resulted in a liquidation of $1.4 billion in the last 24 hours. Besides, the robust Pi Coin unlocks since its launch has further weighed on the investors’ sentiment, potentially dragging down the crypto’s price. However, despite that, the investors were hopeful for a strong recovery this week, which appears to have faded by the recent performance. Why Investors Were Hoping For Pi Network Recovery? The Pi Coin unlocks will be at their lowest from April 7 to April 11, which has fueled optimism over a potential recovery, PiScan data showed. Only about 1.5 million Pi tokens are scheduled to get unlocked daily during this period, as compared to the monthly highest unlock of 9.8 million Pi, scheduled for…

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Filed under: News - @ April 7, 2025 12:13 pm