Pi Network (PI) is targeting a price of $5.26—when is this goal expected to be reached?

Despite the overall recovery in the wider cryptocurrency market, including Bitcoin, the price of the PI network is still falling, with a weekly drop of 353.453% and a bi-weekly decrease of 2353.45%. Analysts suggest that PI Coin may recover, with potential projections reaching $22 by April 214, which would mark a 353.45% increase. The market dynamics of Pi Network (PI) have shifted significantly in recent weeks. The PI token experienced a significant increase in value, briefly ranking among the top 15 largest digital assets in terms of market capitalization. The PI hit a record peak of $2.99 on February 26 before experiencing a significant decline. The cryptocurrency declined by 61.5% from its peak and currently ranks as the 21st largest in market capitalization. This is indicative of the recent downturn in the crypto market and the noticeable decline of Pi Coin. The overall cryptocurrency market has been bouncing back from the decline it experienced last week. Bitcoin (BTC), after dropping to $23,000 on March 11, has surged back up to around $83,000, causing a positive ripple effect across other cryptocurrencies. Nonetheless, even with this positive trend, PI is still facing losses. The value of the PI token has been declining across various timeframes. Over the past day, PI decreased by 0.4%, and its losses for the week and the past two weeks are 22.2% and 37.3%, respectively.