Pi network’s condition worsened in the crypto market! Pi Coin Price dropped by 70%, will it be able to show wonders in the future?

The condition of Pi Network is deteriorating in the crypto market. In the last one month, Pi Network’s Pi Coin has declined by 70% (Pi Coin Price). Which has caused a big shock to the investors. At one time this cryptocurrency was being seen as a potential successor to Bitcoin.

However, now it is going through a phase of continuous decline. After its launch in February last month, its price has fluctuated many times. Talking about the present, at present there are no signs of any kind of recovery in Pi Coin. Let us know what is the price of Pi Coin (Pi Coin Price Today)?

How was the performance in 24 hours? Pi Coin Price Today

According to the data of CoinMarketCap, till the time of writing the news on Monday, the value of Pi Coin is $0.7045 dollars (pi coin value in usd). Its price in rupees is Rs 60.28 (pi coin value in inr) at the current time. Let us tell you that a month ago it was at $ 2.23. In the last 24 hours also, it has registered a decline of about 5%. However, it also reached the green mark for some time during the day. But most of the time it kept trading on the red mark. On the other hand, if we talk about a week, it has fallen by more than 20% in 7 days. Due to its falling prices, the concern of investors has increased.

The price had rocketed in the initial days

For information, let us tell you that Pi Network was launched on 20 February (pi coin launch date). Its initial price was $ 1.84. However, after the launch, its price crashed in the first 24 hours itself. But between 21 and 25 February, it showed a tremendous jump and gave a return of up to 150%. On 27 February, it reached $ 2.93. Which has been its highest price till date. But after this it continues to fall continuously.

Will Pi Coin become the next Bitcoin? Pi Coin Price Prediction

The opinion of crypto experts is divided on this. Some are advising to look at it as a long-term investment. While some say that nothing can be said about its future yet. Given the uncertainty of the crypto market, a coin cannot be judged on the basis of just one month or seven days. If big exchanges list this coin in the coming time. Then it can see a boom again. At present, Pi Network is in its initial stage and its future will completely depend on the market trends.