Pi Coin has been making headlines following the much-anticipated Open Mainnet launch on February 20, 2025. Within hours of going live, Pi was listed on major exchanges . But what followed was a rollercoaster—its price surged past $2 initially, only to crash by over 55% to around $0.78 in less than a day.

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

The ability to mine the coin on a phone without draining the battery or processing power has been a low-barrier entry for the coin to attract millions of users worldwide.