While most assets in the market were moving upwards, Pi Coin (PI) was on its own trajectory. Altcoin has not achieved notable profits despite a market-wide recovery. The assets entered the market for a major deal, but were unable to advance this momentum. PI has been seen struggling for the past two months. Recently, the asset has slipped to a new all-time low of $0.4012, causing disruption to the market. Early investors were under the impression that cryptocurrency would soon reach a new peak, but it appears to be moving in the opposite direction.
It should be noted that the performance of the PI over the first few days attracted attention from the market as a whole. Pi Coin surged all the way up to its $2.98 high on February 26, 2025. This was achieved a few days after its release. However, the asset is now seen trading 79% below this peak.
Will Pi Coin come back late?
At the time of writing, the PI was trading at $0.6144. This comes after a 2.94% decrease over the last 24 hours. Today, assets traded at a high of $0.6371 before plummeting to a low of $0.6096. This is the exact opposite of what’s happening in other markets.
Price forecast for May 1st
Pi doesn’t seem to carry the current trends next month after all. According to new data from Concodex, Pi Coin witnessed a surge of 13.82% from its current price level, surged to a high of $0.69121 on May 1, 2025. Investors get some rest with the latest rise.
