Pi Network Price Today March 23, 2025: Can It Return to $3?
Pi Network price today 3/23/2025 decreased sharply by 8.6% compared to yesterday, currently at 0.9976 USD. Can Pi price return to 3 USD?
Pi Network Price Today 3/23/2025
Pi price on OKX exchange on March 23, 2025 is fluctuating around the price from 0.9589 USD to 1.13 USD (equivalent to 24,530 VND to 28,760 VND. Thus, according to the time of writing, Pi price on OKX exchange decreased sharply by 8.6% compared to yesterday, reaching 25,620 VND
The value of the Pi Network (Pi) cryptocurrency has dropped sharply over the past week, following the general downward trend of the cryptocurrency market.
The situation became more serious when the Pi Core Team (PCT) development team withdrew a large amount of Pi from accounts that had not completed identity verification (KYC). This caused dissatisfaction among the user community, many people were frustrated and lost faith in the project.
In addition, many people reported difficulties in transferring Pi to the exchange, with long waiting times for approval. The shortcomings in the verification and transaction process further made investor sentiment negative.
Can Pi Price Return to $3?
On social network X, some analysts believe that if Pi can steadily surpass the $1.90 mark, the possibility of the price returning to $3 is possible. However, there are also opinions that $2 is the maximum level in the current unstable market context.
Another factor that is expected to put pressure on Pi's price is the upcoming token unlocks. According to Coinpedia, about 129 million Pi, equivalent to more than $140 million, will be released in the near future. This could increase the supply and make it difficult for Pi's price to recover strongly in the short term.
