Pi Network Price Prediction: Can PI Coin Surge 40% in April or Face a Pullback?
The post Pi Network Price Prediction: Can PI Coin Surge 40% in April or Face a Pullback? appeared on BitcoinEthereumNews.com.
The Pi Network market has witnessed significant turbulence in recent weeks, with the PI Coin price plunging by over 65% in March. The decline has left investors uncertain about the cryptocurrency’s future trajectory. However, emerging reports suggest that Pi crypto value could rebound, with a potential 40% rally in April. But will this recovery materialize, or is another pullback looming? Market Struggles and Key Catalysts One of the biggest challenges for Pi Network Coin remains the lack of major exchange listings. Despite overwhelming community support, Binance has yet to list Pi Coin, dampening investor sentiment. Other major exchanges, including Coinbase, Kraken, and Upbit, have also refrained from listing the asset, likely due to transparency concerns surrounding the project. The head & shoulders pattern has played out, with the neckline break confirming a downside move. Source: WaveRiders2 on TradingView However, a potential Binance listing in April could trigger a sharp uptrend, according to analysts. If Pi Network manages to secure a spot on a top-tier exchange, its liquidity and credibility could improve, paving the way for higher trading volumes and price appreciation. Pi Coin Stablecoin: A Game Changer? One of the major developments that can influence Pi Coin price is speculation on the possibility of a Pi Network stablecoin. Rumors suggest that Pi Network is collaborating with the Stellar blockchain to launch a stablecoin that can enhance its utility and usage. Pi Network and Stellar are collaborating on a Pi Stablecoin project with a pegging service in development for global implementation. Source: Dimas Nawawi via X The introduction of a stablecoin would help make Pi cryptocurrency an exchange medium, hence solidifying its ecosystem. The action would increase Pi Network’s inherent value, and therefore, investors would be drawn again, some industry participants say. Can Pi Coin Recover from Bearish Trends? The recent…
Filed under: News - @ March 29, 2025 8:13 pm