Pi Coin has shown significant improvement, reaching new price levels and becoming a topic of interest among investors.
Current Market Situation for Pi Coin
Pi Coin's prices have increased by more than 7% over the past 24 hours. The current price fluctuates between $1.70 and $1.95, nearing a significant $2 mark. This has been an important development for investors as Pi Coin recovers from a significant drop from its all-time high of $3. Despite the overall market volatility, particularly the influence of Bitcoin, remains significant. The main support level for Pi Coin is set at $1.60, and if selling pressure increases, this level might be tested again. The Relative Strength Index (RSI) is currently below 50, indicating weak bullish momentum.
Pi Network's Role in the Crypto Ecosystem
Analyst Kim Wong notes that Pi Network stands out with its aim to build a functional digital economy. Pi Coin is planned to be used for real transactions, such as purchasing goods and services, and for powering decentralized applications (dApps). The network boasts one of the most active and supportive communities in the crypto sphere, with over 150 million app downloads and 65 million active users. On the X platform, Pi has over 4 million followers, second only to Bitcoin.
Pi Coin Listing and Market Position
Since February 20, 2025, Pi Coin has been listed on several major centralized exchanges (CEXs), with an average daily trading volume of around $1.5 billion. Pi's market capitalization ranks 11th among all cryptocurrencies, and 8th when stablecoins and meme coins are excluded.
Pi Coin continues to develop its presence in the crypto market, drawing attention due to its growing potential and community support. The defined support levels and exchange activity add significance to the asset in the world of cryptocurrencies.
