I think it is on the way down. Coinmarketcap even stopped tracking it.
Are you for real??? The project has not even launched yet because they are still in the development stage and people are just mining with their phone. How can Coinmarketcap stop tracking a project that has not even launched yet? At the moment, Pi coin is not tradable, you cannot even withdraw it from the app at which it is been mined. Maybe you are talking of some other project not Pi Network.