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There are two perspectives on how the price of PIP is determined.

Fundamental Value: This approach looks at on-chain metrics, project performance, and financial indicators of PIP. Over the long term, factors like supply and demand, tokenomics, use cases, project roadmap, and relevant regulations or governance can all affect PIP's value.

Price Action: This perspective primarily involves using technical analysis tools like chart patterns, MACD, RSI, and Bollinger Bands to forecast price movements of PIP based on past trends, based on the principle that 'history tends to repeat itself.' Price action of PIP is also affected by news, announcements, and the general sentiment of the community.

While long-term investors focus on the fundamentals, short-term traders typically rely on technical indicators. Both can influence the price of PIP.

PIP reached an all-time high of $0.5468 in 2023-05-05, while its current trading price is $0.002592.

PIP reached its historical low of $0.0025 in 2023-05-05.