PI is making headlines again—up 5% this week and holding strong at an average of $0.60 for the past 3 months. But is it just hype, or is something real driving the momentum?
Pi Network (PI) launched with a bang on February 20, starting at just $0.0991. Within six days, the price rocketed by 2,812.41%, setting off a wave of excitement across the crypto community.
But the hype didn’t last forever.
Despite the volatile ride, PI has risen 5% in the last 7 days, currently trading at $0.5639.
Most notably, PI has consistently maintained an average price of $0.60 over the past 3 months—a rare feat for new tokens in a bear-biased market.
According to crypto analyst Dr Altcoin, this price consistency isn’t fueled by hype or manipulation. In a recent post on X (Twitter), he explained:
“PI’s price action is being shaped by organic market demand and long-term support—not speculation.”
Dr Altcoin believes real investor confidence is behind the token’s price strength.
The analyst highlights a crucial factor supporting this stability—Pi Network Ventures’ $100 million fund, aimed at developing the ecosystem.
Dr Altcoin says no major price spike is expected this week unless a big announcement drops.
However, he remains bullish on long-term stability, stating that:
“PI is unlikely to fall below its all-time low of $0.40.”
The coin has tested the $0.40 low only twice—April 5 and June 13—but quickly bounced back. Currently, PI sits 41.47% above its low, signaling strong support.
While many still dismiss PI as a hype-driven token, the data and ecosystem funding tell a different story. With real-world utility growing and investor confidence holding steady, PI might just be the most underrated crypto of the year.
Pi Network Ventures is a $100 million fund designed to incentivize developers to build real-world applications using PI, driving tangible utility and fostering slow, steady, and sustainable ecosystem growth.
Despite initial volatility and skepticism, Pi Network’s consistent price stability, significant ecosystem funding, and focus on real-world utility suggest it might be an underrated crypto with strong potential in 2025.
If the bullish sentiment sustains, the PI value could reach as high as $2.1007 this year.
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