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Will Pi Coin Skyrocket to 2 USD? Stuck Below 1.5 USD Within 48 Hours
Pi Coin, the original token of the Pi Network, is currently stuck at $1.4, with little movement in the past 48 hours and struggling to surpass the $1.5 mark. As of March 12, 2025, Pi Coin is trading at around $1.41, reflecting a modest increase of 3.16% in the past 24 hours. The trading volume in the last 24 hours is $402 million, up over 46%, indicating high market activity.
This stability comes after a significant drop from the peak of $2.98 on February 26, 2025, marking a 55% decrease amidst a larger cryptocurrency market sell-off. Despite this downturn, PI has still risen 125% from its all-time low of $0.6152 on February 20, 2025. Technical analysis shows that PI is holding near key support levels, with strong resistance at the $1.50 mark. Sustained movement above this resistance level could pave the way for a recovery towards $2.00.