Pi Network Price Prediction: PI Coin Is The Top Loser After 9% Plunge As A FOMO Frenzy Sends Traders To This ICO Offering Last Chance To Buy

The Pi Network price plunged 9% in the last 24 hours to trade at $0.8387 as of 3:40 a.m. EST on trading volume that skyrocketed 46% to $278.57 million.

With the steep drop in the PI price, the crypto has emerged as the biggest loser in the market.

Pi, which has seen major growth in the second half of February, has been declining throughout March, down by over 50% in the last month. It reached its peak around Feb. 26 — exactly one month ago as of today, when its price hit an all-time high (ATH) of $2.98. However, since then, it has declined to $0.83, where it sits now.

Even though most cryptos are now trading in the green, with the likes of SHIB and FARTCOIN seeing price boosts of over 10%, the PI token is still deeply in the red.

Pi Network Price Prediction

While the Pi Network price has seen a decline of over 9% in the last day alone, things might be looking up for the project. Its price initially touched its bottom at $0.8156. While this is still higher than its all-time low, it is the lowest the project has been in over a month. However, its price has recovered slightly since.

This caused its Bollinger Bands, which were expanding due to negative price action, to halt and narrow down as the token attempted to reverse the negative trend.

PI/USDT chart analysis (Source: TradingView)

Traders have been rather consistent with their sales and purchases of the Pi token, however, which can be concluded from the project’s Relative Strength Index (RSI). Over the past two days, the RSI value has fluctuated between the neutral value of 50 and the oversold zone, sometimes breaking past these barriers, but on average trading quite consistently between them.

In the last six hours, the RSI dipped to the value of 19.78, which caused traders to rush in and use this opportunity to buy the token at an extra discount, causing its RSI to pump to 53.91, while the price started bouncing back up.

But, since then, the RSI started dropping again, suggesting that the pattern is likely to hold for a while longer.

Promising Alternative To Pi Network

However, while Pi is likely to correct again, investors are far more excited about Meme Index (MEMEX) as a FOMO frenzy erupts around the new crypto’s presale.

The token is currently in ICO, but only for five more days. Thereafter, the project’s token, MEMEX, will emerge on exchanges. The token has several major use cases. Apart from having the potential to be used for payments, trading, and investing, it is also used as a way to invest in Meme Index’s meme coin baskets.

There are four meme coin baskets or indexes, each consisting of different meme coins. The Titan index holds the highest-ranking meme coins, the Moonshot index features those that are just below the biggest ones, the MidCap index holds those whose market cap is between $50m and $250m, while the Frenzy index holds new and experimental meme coins.

Sometimes…

You gotta do what you gotta do. $MEMEX🔥📈https://t.co/7P9aYCaBEn pic.twitter.com/mEHEoMaWkm

— Meme Index (@memecoin_index) March 23, 2025

As such, each of the baskets offers a different degree of risk. Investing in any of these indexes will expose you to numerous meme coins instead of only one, thus letting you diversify your portfolio with a single investment.

However, you need MEMEX to get started. The token also grants you access to community governance, letting you vote on which meme coins should enter or exit any of the indexes.

For now, the token remains in ICO, selling for $0.0166883, but once it goes live, experts believe it might see a major surge. If nothing else, it is a great way to diversify into the meme coin market, as crypto YouTuber ClayBro, who has over 136k subscribers, pointed out.

Interested investors will want to act fast before the presale ends in around 5 days.

Visit the Meme Index website.

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