The Pi Network has gained a lot of attention and sparked curiosity in the cryptocurrency world. Currently the Pi Network price in India is ₹3,901.20, which is a 5.9% drop compared to yesterday.
The cryptocurrency landscape is ever-evolving, and one of the most talked-about projects in recent times is the Pi Network. Today the Pi Network price in India is ₹3,901.20, down by 5.9% in the last 24 hours. This article looks at the current trends, past performance, and future predictions of Pi Network. It aims to help investors make informed decisions.
Pi Network Overview and Price Today
Pi Network (PI) is currently worth ₹3,901.20 which is a 5.9% drop in the last 24 hours. The price of Pi is very unstable and affected by many factors. Also, Pi Network hasn’t launched its mainnet yet, so the prices on some exchanges are for IOUs. This means the coins can’t be transferred between exchanges yet. This uncertainty adds to the price’s volatility.
Today, the Pi Network price in India is ₹3,901.07. This is a 1.1% increase from an hour ago but a 43.7% drop from seven days ago. The daily trading volume is ₹56,844,553 showing some activity. However it’s much lower than well-known cryptocurrencies like Bitcoin and Ethereum.
Current Pi Network Price Overview:
Price in INR: ₹3,901.20
Price Change (24h): -5.9%
Price Change (7d): -43.7%
24h Trading Volume: ₹56,844,553
Pi Network Price Trend Analysis
Looking at the 7-day price history of Pi Network, it has shown significant fluctuations. From a high of ₹7,384.16 on Sunday to a low of ₹3,905.61 on Friday, Pi Network’s price has had large daily changes. The highest price point occurred on Sunday, while the lowest price came just a few days later.
On Wednesday, the Pi Network price in India experienced its largest drop for the week, losing ₹923.16 in a single day, which represents a dramatic 15.8% decrease. This volatility reflects the ongoing uncertainty surrounding the Pi Network’s transition to a fully operational cryptocurrency.
Weekly Pi Network Price Fluctuations:
November 29, 2024: ₹3,905.61 (-₹254.98, 6.1%)
November 28, 2024: ₹4,869.53 (-₹55.52, 1.1%)
November 27, 2024: ₹4,925.05 (-₹923.16, 15.8%)
November 26, 2024: ₹5,848.21 (-₹644.64, 9.9%)
November 25, 2024: ₹6,492.85 (-₹891.31, 12.1%)
November 24, 2024: ₹7,384.16 (+₹157.23, 2.2%)
November 23, 2024: ₹7,226.94 (+₹702.54, 10.8%)
As we can see from the trend, Pi Network’s price has fluctuated greatly from day to day, reflecting the speculative nature of the market for Pi and the uncertainty surrounding its future.
Future Predictions for Pi Network Price in India
The price of Pi Network in India could change significantly when the mainnet launches. This is because the mainnet will allow people to trade Pi coins on real exchanges.
Market Sentiment: The overall sentiment in the cryptocurrency market plays a crucial role in determining prices. A bullish trend could lead to an increase in demand for Pi coins.
Community Growth: More than 47 million people use Pi Network. So a lot of people are interested in it and might invest in it.
Price Predictions
According to various analyses and predictions: In 2024, analysts suggest that the Pi Network price in India could range between ₹1,026.92 (minimum) and ₹5,046.97 (maximum), depending on market conditions.
By 2025, the price could reach an average of ₹4,642.04. This is based on current projections.
By the year 2030 Pi Network could be worth a lot more. It might reach ₹14,235.04 if things go well for the market.
These predictions are based on current trends and should be taken as speculative until more concrete data becomes available post-mainnet launch.
Conclusion
The Pi Network price in India has been very volatile, showing the uncertainty in the market and around its mainnet launch. Right now, the price is ₹3,901.20, and it has dropped by 5.9% in the last 24 hours. The price has also fluctuated a lot over the past week.
The future of Pi Network looks promising, especially with the upcoming mainnet launch. Its value will be affected by market trends, community growth, and global adoption. Investors should stay cautious and informed. The price may continue to change until the cryptocurrency is fully active.
Also Read: When Will Pi Coin Launch on Binance? Key Dates and Information