- By Aditya Pratap Singh
- Wed, 12 Mar 2025 05:12 PM (IST)
- Source:JND
Pi Coin Price Today: Pi network coin value skyrocketed over 20% in the last 24 hours ahead of Pi day, a day which is celebrated every year on March 14 for the mathematical constant Pi. This event is pushing a bullish run for the popular cryptocurrency as it shares the same name. The Pi Network, which has been in the news since its mainnet was launched last month, soared 20.2% to trade at $1.66 at around 5:01 PM (IST).
In 24 hours the cryptocurrency has traded between $1.25 - $1.74, which means, it touched the intraday high at $1.74, while its lowest value for the day stood at $1.35.
Meanwhile, Bitcoin was trading at $8859.94, up 1.25%, Ethereum was trading flat at $1,909.36, Dogecoin was up 4% and Solana, BNB were trading 1% higher compared to their last day prices. The global crypto market cap was up 1.28% to $2.68T over the last day. While the total volume for the trading of cryptos over the last 24 hours was $118.75B.
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With today's rally, the Pi Network was trading 168.3% higher from its all-time low value of $0.6157 and over 44% lower from its all-time high of $2.99.
Last month Pi Network launched its mainnet, which had a huge impact on the PI price rally, pushing the price from around $0.6 to a peak of $2.99. Furthermore, speculations about listing on popular exchanges like Binance have been a roller-coaster ride.
Despite the broader market downturn, Pi Network has managed to secure a notable position in the global rankings. Furthermore, the community is actively engaged but there are doubts about the long-term viability of the project, especially in light of recent developments. Furthermore, the Pi mining rate has decreased, which is expected to encourage holders to trade their tokens. This will further influence the supply and demand dynamics in favor of price growth.
Disclaimer: This story is only a piece of news about recent development in cryptocurrency. Jagran does not advise investing, please take expert opinion before investing.