Rocketing 75.33%, How Much is 1 Pi Network (PI) to the Dollar Today (2/27/25)?

Di-update
February 27, 2025

Jakarta, Pintu NewsOn February 27, 2025, the price of 1 Pi Network (PI) recorded a significant spike of 75.33%, bringing the token’s value to $2.88. This sharp rise caught the attention of investors and crypto enthusiasts worldwide, indicating a strong positive trend.

However, while this trend looks encouraging, the BBTrend indicator warns of a potential price correction that needs to be monitored.

In this article, we will discuss how the price of Pi Network can skyrocket and why it’s important to stay alert to the risk of a correction in the near future!

1 Pi Network (PI) How Much USD Today?

pi network cmc
Source: Coinmarketcap

The image shows the Pi Network (PI) price on February 27, 2025, which was recorded at $2.88, according to CoinMarketCap.

The price chart clearly shows a significant spike in the price of Pi Network on that day, with an increase of approximately 75.33% in the last 24 hours.

The current market capitalization is $19.04 billion, with 24-hour trading volume surging to $3.28B. At the same time, Pi Network’s price also experienced sharp positive fluctuations, as seen from the price chart, which climbed sharply around February 27.

With large trading volumes and a growing and more active community, many are beginning to foresee the potential for Pi Network to continue to grow, especially given the approaching main net phase.

In addition, predictions of higher prices in the future are coming to the fore, as voiced by community members, who suggest that the Pi Network price could set a record high (ATH) in the near future.

Read also: 10 Altcoins Analysts Think Could Compete with XRP in 2025 Bull Run

Highest Positive Trend, but BBTrend Indicator Warns of Correction Risk

Reporting from BeInCrypto, although the price of Pi Network continues to move up, other indicators such as Bollinger Bands Trend (BBTrend) are warning about a potential correction.

PI BBTrend
Source: TradingView

BBTrend is now registering a sizable negative number of -11, whereas three days ago, it was at 51.2. This drastic drop suggests that the market may have overheated and that rapid price movements could risk a reversal.

When the BBTrend drops after the price has risen rapidly, this is often a sign that the market needs to cool down or consolidate.

If Pi Network continues to move too fast without any consolidation, the price will likely move down towards the middle Bollinger Bands level of around 24,000 IDR to 26,000 IDR. Investors should watch out for this level, as the price could go sideways or even plunge deeper if selling pressure increases.

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*Disclaimer

This content aims to enrich readers’ information. Pintu collects this information from various relevant sources and is not influenced by outside parties. Note that an asset’s past performance does not determine its projected future performance. Crypto trading activities have high risk and volatility, always do your own research and use cold cash before investing. All activities of buying and selling bitcoin and other crypto asset investments are the responsibility of the reader.

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