Pi Coin has increased by 80% to 2.98 dollars, can it reach 3 dollars?

Pi Coin, a cryptocurrency from Pi Network, has recently shown high price volatility after launching Open Mainnet on February 20, 2025. Pi has increased by about 80%, reaching an all-time high of $2.98 at 10:00 p.m. today. Since its launch, the Pi coin has witnessed a significant increase in trading, even currently up 300% in 24 hours.

Currently, Pi coin is trading at $2.40 with a market capitalization of $16.71 billion. If this momentum continues, it may even reach $3. When launched, the price of Pi Coin surged from $1.9 to $2.2 due to excitement surrounding the launch, but later dropped to $0.737 as traders took profits. However, the popularity of this coin has once again strengthened the price as it returned to above $2 and may be heading towards the next $3. Some analysts believe that wider adoption and listing on exchanges could push Pi Coin price even higher in the coming months. Despite the price increase, market experts warn that Pi Coin still has high volatility and the long-term price trend of this currency will depend on factors such as legal developments, adoption rate, and network utility.