Price Analysis
  • Qadir AK
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    Qadir Ak is the founder of Coinpedia. He has over a decade of experience writing about technology and has been covering the blockchain and cryptocurrency space since 2010. He has also interviewed a few prominent experts within the cryptocurrency space.

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  • 2 minutes read

Pi Coin Price Prediction for March 11: Is a 20% Drop Coming Next?

  • currency-symbol PI $ 0.6006 (8.55%) top gainer
Story Highlights
  • Altcoins, including Pi Coin, are experiencing decreased cash inflow and price drops due to broader market weakness and stock market pressures.

  • Pi Coin specifically shows a bearish technical pattern, indicating a potential further price decline in the short term.

  • Pi Network's large user base and focus on web3 utility projects mean its future depends heavily on core team decisions in 2025.

The crypto market is facing yet another rough patch, and altcoins are feeling the heat. Bitcoin (BTC) is showing signs of short-term weakness, dragging the broader market down with it. The ongoing U.S.-led tariff wars have only made things worse, as stock market instability spills over into crypto.

In the past 24 hours alone, over $950 million in crypto positions have been wiped outโ€”mostly from long tradersโ€”raising fears of an even deeper market correction.

Amid this turmoil, Pi Coin has taken a sharp hit. Letโ€™s take a closer look at whatโ€™s happening.

Pi Coin Price Crash

Since the launch of its Open Mainnet, Pi Coin has been exposed to broader market trends. The large-cap altcoin, with a fully diluted valuation of about $15.4 billion and a 24-hour average trading volume of around $535 million, has dropped more than 24% in the past week. As of Tuesday, March 11, during the mid-London session, it was trading at approximately $1.38.

Pi Coin has confirmed a bearish reversal after breaking below the neckline of a head and shoulders (H&S) pattern over the past two days. On the four-hour chart, the coin is forming a bearish continuation pattern, while the Relative Strength Index (RSI) signals a bearish divergence.

In the short term, Pi Coin could fall another 15-20%, with support around $1.16. However, if it consistently closes above $1.77 in the coming weeks, the bearish outlook would be invalidated.

Future of Pi Network

The Pi Network has grown to a vast network of over 60 million users in the past years, largely due to its mobile mining infrastructure compared to the energy-intensive mining process of Bitcoin, Dogecoin (DOGE), and Litecoin (LTC).

With the rising adoption of decentralized financial (DeFi) protocols, the Pi Network is keen to build utility-driven web3 projects to actively engage the community. As a result, the decisions made by the core team in 2025 will significantly influence the fate of the Pi Network in the coming years.

The coming months will reveal whether Pi Networkโ€™s grand vision can outshine its current market struggles.

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FAQs

What is the future of Pi Network in 2025?

Pi Network aims to expand in Web3 and DeFi, with core team decisions in 2025 shaping its long-term adoption.

Is Pi coin a good investment?

If the bullish sentiment sustains, this altcoin could reach as high as $80 this year.

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