Pi Network Coin has officially entered open trading, witnessing sharp price swings since its listing on major exchanges. After an initial surge to $1.97, the cryptocurrency plunged over 60% before rebounding nearly 160% in a day.

Pi Coin has made a dramatic comeback, surging 80% to $1.29 after crashing over 60% on Day 1 of its mainnet launch. The Web3-based cryptocurrency, which allows free mining via a mobile app, had initially peaked at $1.

The Pi network launch is here as PI Coin plunged nearly 100% within minutes of the highly-anticipated event. Can it recover?

When the Pi Coin was launched, its price touched a remarkable all-time high of $2.10. However, on the same day, it crashed by 71 per cent to hit an all-time low of $0.6152.

The Pi Network finally threw open its doors to external trading at 8 am UTC on February 20th, 2025, after years and years of anticipation… It effectively ended the “Enclosed Mainnet” phase which flagged off in December 2021.

Cryptocurrency is reshaping financial ecosystems across the world. In India, we are experiencing the rise of two significant digital assets - Pi Coin and Jio Coin.

Pi Network price initially jumped after the mainnet launch on Thursday, and then erased all those gains. Pi, the popular tap-to-earn token, was trading at $0.7290 on Friday morning, much lower than Thursday’s high of $2.