Pi Network price has staged a 157% comeback after crashing last week following its highly anticipated mainnet launch. Its rebound happened at a time when Bitcoin and most altcoins remain under pressure. This article explores whether the Pi coin price will surge from the current $1.52 to $5 before March 31 when the first quarter ends.<\/span><\/p>\n The Pi Network price has done well in the past few days after crashing initially following its mainnet launch<\/a>. This crash happened as many pioneers dumped their tokens as they became available in exchanges like OKX and HTC. Many of these pioneers have been mining their coins for over 6 years, making the mainnet launch the best period to sell their coins.<\/span><\/p>\n Pioneers have also observed that many newly launched tokens crash after their airdrops. This includes popular tokens like EigenLayer, Wormhole, and Hamster Kombat.\u00a0<\/span><\/p>\n The value of Pi also dropped after being called a <\/span>scam by Bybit\u2019s CEO<\/span><\/a>. <\/b>This was a notable criticism since it happened on the same day when the <\/span>Bybit hack<\/span><\/a> happened, costing it $1.4 billion worth of Ethereum coins.<\/span><\/p>\n The Pi Network value has bounced back as many investors buy the dip. This is evidenced by the substantial volume. CoinGecko data shows that Pi\u2019s 24-hour volume rose to $1.3 billion on Sunday, February 23. It had a 24-hour volume of $1.1 billion on Monday, a figure that may continue rising.<\/span><\/p>\n This performance may likely push more mainstream exchanges to list Pi coin. A <\/span>Binance poll<\/span><\/a> on whether it should list Pi has an 88% approval rate, meaning that it will list it this week. That may push other exchanges like Coinbase and Kraken to do the same.<\/span><\/p>\n The Pi coin value has crawled back after dropping to $0.6016 after its mainnet launch. This was a big dip since it started trading at $2 and initially jumped to $2.2. A move from the current $1.51 to $5 would be a 271% surge.\u00a0<\/span><\/p>\n Such parabolic moves are possible, especially in the crypto industry. For example, Mantra price<\/span> has soared from less than $0.1 in 2024 to $9.5 today. Most recently in November, XRP and XLM prices went into a parabolic surge after <\/span>Donald Trump\u2019s win<\/span><\/a>.<\/span><\/p>\n Pi Network price may replicate such a parabolic move by March 31. That would happen if it receives numerous bullish catalysts like a Binance, Coinbase, and Kraken listings. As a <\/span>Made in USA coin<\/span><\/a> with a market cap of near $9 billion, there are odds that a spot Pi Network ETF may happen. All these factors may trigger FOMO among traders and investors and push the Pi coin value higher.<\/span><\/p>\n Technically, this strong rebound to $5 will become viable if the coin rises above its post-mainnet launch high of $2.2 and the value of Pi of $3.14. Such moves will mean that there are more bulls keen to push it to the key psychological point at $5.<\/span><\/p>\n \n \tPi Network price trades at $1.5190, meaning that it needs to jump by over 237% to get to $5. While this is a big jump, it is highly possible in the crypto industry.<\/p>\n<\/p><\/div>\n<\/p><\/div>\n \n \tThe key catalyst will be the upcoming Binance listing, a potential Pi ET approval, and the fear of missing out among traders.<\/p>\n<\/p><\/div>\n<\/p><\/div>\n \n \tIt crashed after listing as many pioneers dumped the token since they mined it for many years and as concerns about its future performance continued.<\/p>\n<\/p><\/div>\n<\/p><\/div>\n<\/section>\n <!– <\/p>\n –><\/p>\n \u2713 Share:<\/p>\nPi Network Price Pumps Amid FOMO<\/strong><\/h2>\n
Can the Pi Coin Value Hit $5?<\/strong><\/h2>\n
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