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Pi Coin reaches $2.99 one week after launch

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Home Cryptocurrency

Pi Coin reaches $2.99 one week after launch

Olanrewaju Adeniyi by Olanrewaju Adeniyi
February 27, 2025
in Cryptocurrency
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Pi Coin, the native cryptocurrency of the Pi Network, has taken the crypto world by storm, soaring to $2.99 just one week after its official launch on Thursday, February 20, 2025. This milestone underscores the growing excitement surrounding Pi, a token that has already amassed a global community of over 50 million users during its development phase. 

Since hitting the market, Pi Coin has showcased remarkable price action, reflecting both the enthusiasm of its supporters and the dynamic nature of the broader cryptocurrency landscape.

Pi Coin price movement since launch

Since its debut on February 20, 2025, Pi Coin has been on a rollercoaster ride that has thrilled crypto enthusiasts. According to early exchange data, the token launched with an initial price of approximately $0.668. On its first day, fuelled by launch hype and community fervor, Pi surged to an all-time high of $1.96599, as tracked by CoinCodex. 

However, the volatility typical of new cryptocurrencies soon kicked in, with the price dipping to a low of $0.615144 by February 23 before rebounding to $1.6963. By February 26, 2025, Pi Coin shattered expectations, climbing to a new record high of $2.99, as reported by CoinGecko. As of today, February 27, 2025, this crypto token continues to ride a wave of momentum, cementing its status as a standout in the cryptocurrency market.

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Read also: After years of hype, Pi coin’s price plummets within 24 hours of launch

Factors Driving the Pi Crypto Surge

Several elements have converged to propel Pi Coin to its impressive $2.99 peak in the crypto space. Strategic exchange listings have been a game-changer for Pi, with platforms like Bitget providing essential liquidity and access to a broader pool of investors. 

The buzz around potential listings on major exchanges like Binance—where a community voting process is reportedly set to conclude on February 28, 2025—has further stoked demand for the token. 

Additionally, the Pi Network’s massive community of “Pioneers” has been a driving force, with millions of users actively promoting Pi Coin across platforms like X, amplifying bullish sentiment in the cryptocurrency ecosystem. Promotional campaigns have also played a key role, with Bitget’s $60,000 airdrop in PI tokens and a trading competition from February 14 to March 3, 2025, incentivising activity and boosting the token’s visibility. 

Finally, favorable conditions in the broader crypto market, where many altcoins post gains, have provided a tailwind for Pi’s meteoric rise.

Expert insights and Pi token future outlook

Analysts are cautiously optimistic about the future of Pi Coin, though its brief history as a traded cryptocurrency makes long-term predictions tricky. CoinMarketCap has projected that Pi could reach $2.50 in 2025, a target already surpassed with its $2.99 high, hinting at even more significant potential for this token. 

Other forecasts, often based on pre-launch IOU prices, have been more speculative, but the crypto community remains abuzz with possibilities. The token’s ability to maintain its upward trajectory will hinge on sustained community growth, technological advancements within the Pi Network, and overall cryptocurrency market trends. As with any crypto investment, volatility remains a factor, urging caution among those trading Pi Coin.

In just one week since its launch on February 20, 2025, Pi Coin has captured the imagination of its vast community and achieved a staggering new all-time high of $2.99 by February 26, 2025, according to CoinGecko. This rapid ascent highlights the power of exchange listings, grassroots support, and timely promotions in driving the success of this cryptocurrency. 

As the Pi Network builds on its mainnet launch and aims for further growth, the crypto world is watching closely to see if Pi Coin can sustain its momentum. For now, its performance is a testament to the promise of Pi—a token that’s quickly becoming a notable player in the cryptocurrency arena.

Tags: PI
Olanrewaju Adeniyi

Olanrewaju Adeniyi

Olanrewaju is a creative media professional focused on tech storytelling and digital content creation. He produces engaging content on tech, AI, software, and innovation. He also trains staff on using AI tools for research, video editing, and productivity.

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