Pi Coin, a cryptocurrency that has garnered significant attention, has been struggling to break out of its current price range despite a robust rally in the broader crypto market. The asset has been consolidating between $0.44 and $0.5 levels over the past few weeks, which has left many investors frustrated. This stagnation is particularly notable given that Bitcoin the leading cryptocurrency, has hit new all-time highs. As of the latest update, Pi Coin was trading at $0.45, down nearly 4% for the day, with its trading volume remaining relatively flat at $78.83 million over the past 24 hours. The crypto has seen a one-day high of $0.4704 and a low of $0.4471, with a weekly decline of around 1% and a 26% drop over the last 30 days. This downturn has also resulted in Pi Coin falling out of the top 30 crypto ranking by market cap.