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Pi Coin has seen a significant drop, falling by more than 20%, and is now trading at $2.40. The cryptocurrency hit a high of $2.97 during a massive rally, despite the broader market downturn that saw Bitcoin dip below $85k. As Pi Coin recovers from an initial sell-off, predictions and targets are flying high, with some speculating that the price could hit $3 or even $4 in the future.