Pi Coin (Pi Network/PI) had an incredible start to the year. The coin’s price surged to an all-time high of $2.99 in February, but has since faced a massive price dip. PI’s price has fallen by more than 93% from its February peak. According to CoinGecko data, PI has rallied 0.7% in the last 24 hours, but is down 2.6% in the last week, 12.4% in the 14-day charts, and 9.3% over the previous month. In this price prediction article, let’s discuss whether Pi Coin has lost its momentum or if it can rebound from its current level.
Pi Coin Price Prediction: Is PI Done For?
The current bearish tone looming over the market is attributed to macroeconomic factors. The larger economy is still weak, and investors are opting for low-risk assets. PI and other cryptocurrencies have seen massive outflows over the last few months.
Despite the macroeconomic worries, PI’s downtrend began much earlier than the ongoing market dip. The crypto market took a big hit in October, while PI has been on a downward trajectory since its February peak, with some sporadic rallies. The lacklustre performance could be due to the lack of utility for the coin. Moreover, the hype around PI has significantly fallen since early 2025.
PI could make a rebound, but it may not happen anytime soon. The crypto market is far from entering a recovery phase. Given the slow economic growth and high jobs figures, there is a high chance that we will enter another crypto winter. Such a scenario could lead to PI facing further selling pressure.
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PI could see some relief if Bitcoin (BTC) experiences a price surge. Grayscale and Bernstein anticipate BTC to hit a new all-time high in 2026. BTC hitting a new high could trickle into a rally for PI as well.