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PI and PEPE Bounce Back Slightly — But Can Either Hit a New High Anytime Soon?

by Drop Gorn
April 8, 2025
in Crypto, Finance, Memecoins, Opinion
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PI and PEPE Bounce Back Slightly — But Can Either Hit a New High Anytime Soon?
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  • PEPE and PI both posted gains in the past 24 hours (3.2% and 5.5% respectively), but remain heavily down over the past month following the broader market crash.
  • CoinCodex predicts new all-time highs for both tokens by May 1, with PEPE possibly rallying 339% and PI up to 422% — if momentum holds.
  • Macroeconomic pressure remains a big wildcard, and without broader recovery, those bullish targets might stay out of reach.

The crypto market’s showing a bit of life again after last week’s brutal dip — and while it’s far from fireworks, it’s something. Bitcoin’s edging closer to $80K, and the global crypto market cap is back up 1.7%, sitting at around $2.62 trillion. Not a full recovery… but a step in the right direction.

Among the standouts? Two comeback hopefuls: Pi Network (PI) and Pepe (PEPE).

Market’s Still Shaky — But PEPE Finds a Pulse

PEPE’s up 3.2% on the daily chart. Not bad. But zoom out and… yeah, still rough:

  • Down 12.5% over the past week
  • 19.1% in the red for the last 14 days
  • 3.2% lower on the monthly
  • And down 12.4% since April began

The memecoin’s showing signs of life, but there’s still a long way to go before it regains serious traction.

Pi Network Pi Price Chart

PI Bounces Too — But Losses Still Heavy

Pi Coin’s doing a bit better today, rallying 5.5% in the last 24 hours. But let’s not sugarcoat it — the bigger picture’s still bleak:

  • Down 18% over the week
  • A steep 36% drop in the last 14 days
  • And a brutal 62.6% loss over the past month

That recent market crash hit hard. Triggered by Trump’s latest wave of tariffs, the global trade panic tanked both stocks and crypto — and altcoins like PEPE and PI got hit especially hard. A lot of folks ran for the exit.

So… Which One Gets Back to Its All-Time High First?

Let’s break it down:

  • PEPE is down 77.2% from its ATH of $0.00002803 (set in Dec. 2024).
  • CoinCodex thinks it could bounce back to $0.00002809 by May 1. If it hits the $0.00003582 level, that’s a 339% rally from here.

On the flip side:

  • PI is down over 80% from its Feb. 2025 ATH of $2.99.
  • CoinCodex is bullish here too, predicting a move to $3.08 by May 1 — which would be a massive 422% gain.

So in theory, PI has the bigger potential upside right now — at least, if the market behaves.

Pepe Coin Pepe Price Chart

But Let’s Be Real — That’s a Big “If”

These predictions are fun, but the macro environment still sucks. Inflation, tariffs, political uncertainty — all of it’s keeping markets jumpy. If things don’t stabilize fast, we might not get those breakouts in May after all.

Both PI and PEPE have room to run. But they also have a long way to climb out of the hole they’re in.

Tags: BitcoinBlockchainCoinCodexcryptoPEPEPi Network
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