After its mainnet launch in February, Pi Network faced challenges due to increased token generation and listing rejections. Let's explore how it affected the market.
Pi Network Setbacks in March
Since its launch, the Pi team has faced challenges, including listing rejections on major exchanges like Binance and Bybit. The network update involving migration and account verification led to a price decline.
Pi Price Analysis for April 2025
The cryptocurrency market has seen a Pi price crash over the last 4 weeks, down over 76% from its ATH. However, SMA and MACD indicators suggest mixed signals for future price movements.
Will Pi Be Worth Anything in the Future?
Current market stats indicate a potential Pi bounce back to $1 with a bullish trend. Otherwise, the price may fall towards its all-time low of $0.50 this month.
The Pi Network market is under pressure with several challenges. However, under favorable conditions, the price may rise again.