Analyst Says 50-100% Price Pop Soon
The Pi Coin dropped significantly, down more than 20%, and now trading at $2.40. In a massive rally, the highest level of cryptocurrency reached $2.97, although the broader market economy declined below $85,000. As PI coins recover from the initial selloff, forecasts and targets are flying higher, with some speculations that prices may reach $3 or even $4 in the future.
What is the price of driving a Pi?
Despite recent losses, analysts and investors are still focusing on potential events that could drive the price of PI coins in the near future. Analyst Kim Wong enters social media And reveal the details, listing key events that could lead to higher PI prices:
Main exchange list: A list of PI coins on large exchanges may be around the corner. If confirmed, it could trigger a significant uptrend. Past Exchange lists, such as OKX’s list, increased PI by more than 36% in one hour. “If the main exchange green light lists, history shows that 50-100% price popularity is not impossible,” he wrote.
More and more popular: With more attention to PI coins, new supporters and investors may flock to the PI network, thereby increasing demand for PI coins.
Partnerships with merchants and payment platforms: If major online shopping companies and merchants announce partnerships with the PI network, it can provide further legitimacy and value for Pi coins, making them more attractive to buyers.
Extension of the PI ecosystem: More decentralized applications (DAPPs) in the PI ecosystem may increase their utility and attract investors’ interest.
Influential recognition: Recognition from well-known crypto media and experts can greatly increase PI’s visibility and attract more investors.
FOMO Purchase: As the price of PI rises, more and more investors may feel fear (FOMO) (FOMO), thereby increasing prices through emotional purchases.
