PI experiences 25.9% volatility in 24 hours: Kraken listing pushes up 30% before market correction
Bitget Pulse2026/03/14 22:02Volatility Overview
In the past 24 hours, the price of PI reached a high of $0.2355-0.276 and a low of $0.187-0.190, with the current quote at $0.198, reflecting an amplitude of 25.9%. The 24-hour trading volume was approximately $98M, a decrease of 39.3% from the previous day, indicating a drop in trading activity.
Brief Analysis of Abnormal Fluctuations
- Kraken officially launched PI spot trading on March 13, 2026, which directly triggered a price surge of 30%, reaching a high close to $0.29.
- The subsequent price retracement was mainly due to insufficient liquidity and profit-taking, with circulating supply at just 9.66B out of a total 100B, amplifying volatility.
Market Perspectives and Outlook
The community remains optimistic about Kraken’s listing and the upcoming Pi Day event on March 14, regarding it as a milestone for the Layer-1 ecosystem, with trading volume once surging 175%. However, analysts warn of the risk posed by 90B in uncirculated supply, predicting that high volatility may persist in the short-term. Attention is needed on the $0.216 support level.
Note: This analysis is automatically generated by AI based on public data and on-chain monitoring, for informational purposes only.Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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