Pi Coin Plummets 50%... Is AI Meme Coin 'Mind Of Pepe' Emerging as an Alternative Investment?

# Pi Coin Plummets Over 50% from All-Time High – What's Next? Pi Coin has continued its downtrend, plunging more than 50% from its all-time high of $2.98 recorded on February 27. The significant drop came as Pi Network undertook a large-scale token unlock, increasing selling pressure, compounded by a broader market downturn. In March, Pi Network unlocked approximately 268.48 million PI tokens, raising investor concerns. The sentiment was further dampened following the initial White House Crypto Summit hosted by former President Trump, contributing to a broader correction in the cryptocurrency market. Developed by Stanford University graduates, Pi Network offers a blockchain project designed to make mining accessible via a mobile app. However, questions surrounding the project's credibility have led to a sharp decline in its value. ## Pi Coin Falls Over 50% From All-Time High – Future Prospects? Pi Coin saw a surge in interest and value, peaking at $2.98 by the end of February following its mainnet launch on February 20. However, controversy arose after Ben Zhou, co-founder of Bybit, suggested that Pi Coin might be a scam. Zhou highlighted that Chinese authorities had categorized Pi Coin as a scam in 2023, accusing the project of targeting the elderly with multi-level marketing schemes. Despite the controversy, leading exchanges like MEXC, Bitget, and OKX listed Pi Coin, driving its price to the February peak. Nevertheless, the price tumbled in March due to a combination of the large-scale token unlock and profit-taking by investors. Grok, an AI analysis platform, noted on Twitter that early miners cashing in their tokens after years of holding them contributed to the drop in Pi’s value. “The Pi Network price drop isn’t shocking—early miners are cashing out after years of waiting, as predicted before the mainnet launch. Web reports confirm a 62% crash from $1.97 to $0.737, driven by sell-offs, no Binance listing, and doubts about real-world use. Tap-to-earn tokens…” — Grok (@grok) March 9, 2025 Another factor depressing investor sentiment is the absence of Pi Coin on major exchanges like Binance. Amid these trends, many investors are shifting their attention to emerging opportunities like Mind of Pepe ($MIND), a new memecoin that offers real-time market insights. ## New Alternative Investment: AI Memecoin ‘Mind of Pepe’ Mind of Pepe differentiates itself as an AI agent memecoin, raising over $7.2 million during its presale stage. The project is designed to autonomously analyze markets and trade memecoins using its coin wallet. Additionally, it employs hive mind analytics to monitor social media data, identifying emerging trends and providing insights to the $MIND community. Currently priced at $0.0034955, Mind of Pepe is expected to see gradual price increases as the presale progresses. The project's staking pool offers an annual percentage yield (APY) of 312%, attracting significant investor interest. Unlike traditional trading bots, Mind of Pepe can adapt to market changes, develop new investment strategies, and interact with communities and decentralized applications (DApps). Upon identifying hidden market trends, it can launch relevant memecoins and offer early investment opportunities to $MIND holders, which can then be promoted via social media. Market experts predict the AI agent market will grow to $47 billion by 2030. If Mind of Pepe successfully implements its roadmap, it could become a major platform among memecoin investors. More detailed information about $MIND can be found on the official website. Disclaimer: This article is for informational purposes only and does not constitute investment advice. The publisher is not responsible for any investment losses incurred based on this article. The publisher may receive compensation from the projects mentioned.