Pi Coin Price Prediction: Analyst Says 10x Gains Soon
Posts PI coin price forecast: Analysts say 10x profits soon Appear first Coinpedia Fintech News
Pi Coin made its debut in various exchanges on February 20, 2025. However, after the hype launch, prices dropped sharply, down 65%. At the time of writing, Pi Coin is trading at $0.75, down more than 7% in the past 24 hours. Despite the huge sales pressure brought by market uncertainty, analysts including Kim Wong remain hopeful about the future trajectory of the coin.
Initial trading activity and price changes
When the Pi Coin first launched on February 20, it traded at $2, up to $2.20 and a low of $0.09. Since then, its price has been relatively volatile, with Pi Coin trading range of $0.60 to $0.80 as of February 22. According to Huangonce the Pi coin manages to exceed the $0.80 mark, it is likely to quickly move towards the $1 range. Once you exceed $1, the $2 level can be reached. Possible triggers of such breakthroughs may come from news about binary lists or progress in PI ecosystem development.
Disappointment and market misunderstanding
Some early investors were disappointed by the low price of Pi Coin. However, this low price can be misleading, mainly due to the chaos surrounding the circular supply. The market has revolving supply of PI to 6.35 billion coins, which represents the total number of migrated PIs. However, the actual number of unlocked PIs is only 554 million coins, a number that should be considered a true circular supply. Many new investors may not know the difference, but once they do so, analysts think the price of PI could rise sharply, which could be ten times the current value.
The relative value of PI coins in the crypto market
Even at $0.72, some experts believe that the valuation of Pi Coin is reasonable. For comparison, other items with similar recycled supplies (such as the supra) trade for a much lower price of $0.012. Items with similar supplies, such as PI coins, usually have a higher initial list. This makes the current price of Pi coins very favorable compared to other crypto assets with similar supply and market factors.
