On February 20, 2025, at 8:00 AM UTC, the official launch of Pi Network's mainnet took place. Since the launch, Pi Coin's price initially increased, but within two hours, a sharp drop followed.
Pi Coin Price Analysis
As of now, Pi Coin is trading around $0.59, with a trading volume of $90 to $100 million. Recent market predictions indicate persistent pessimism as Pi Coin has lost 78% of its all-time high price of $3. If the current trend continues, Pi Coin may reach levels of $1 or $1.67.
Events Affecting Price
Upcoming events such as token unlocks and the Pi Day 2 celebration on June 28 may significantly impact Pi Coin's price. Increasing dominance on platforms like Santiment could also lead to price surges. However, if the price falls below $0.5497, it may lead to further declines potentially reaching around $0.40.
Cross-Border Remittance Market and Remittix Alternative
The cross-border remittance market is valued at $250 trillion, yet 70% of its processes remain influenced by outdated structures. Remittix offers an innovative solution, allowing users to conduct fast cryptocurrency transfers with low fees and access to over 40 countries. This opens new avenues for significant investment returns.
The launch of Pi Network's mainnet has attracted investor attention, but the price remains under pressure. With upcoming events and innovations like Remittix, the market may alter its trends.
