Pi Coin (PI) is trading at around $0.66 and has experienced a 24-hour gain of approximately 3.2%. The trading volume surged to $54.6 million, indicating strong investor interest. With a market capitalisation above $4.5 billion, Pi continues to foster interest as it draws nearer to proposed exchange listings and mainnet developments.
Despite recent price dips and community frustration, Pi Network is showing surprising strength, according to long-time analyst and early supporter Dr Altcoin.
Known for his steady support and honest feedback on the Pi project, Dr Altcoin says he has never been more confident in Pi’s future than he is today.
A mysterious whale wallet has just snatched up a massive 7.51 MILLION Pi from OKX, yet again. That’s not a one-time move. This address has been consistently stacking, and it’s catching serious attention.
In the past few days alone, this whale has scooped up $48 million+ PI, valued at a staggering $31 million.
One crypto analyst monitoring blockchain data via PiScan noted that “a total of more than 20 million PI have been taken off exchanges,” suggesting that significant investors are positioning themselves for an upward move.
The Pi community has expressed their discontent at the current price, but perhaps more important has been the lack of updates being offered by the Core Team. Nevertheless, Pi's retention as one of the top 30 cryptocurrencies in terms of market cap speaks volumes about its staying power and the broad strength of its user base.
Dr Altcoin, whose posts on Pi have reached almost 40 million worldwide, thinks the project is still at its initial stages. He remains confident in his prediction that Pi would reach 3.14 within five years.
Certain analysts maintain that Pi Coin expects such a future. CoinCodex predicts that the PI will trade between $2.05 and $2.91 by 2030, suggesting a return on investment (ROI) of approximately 336%. As predicted, Binance foresees a very slight increase for PI, which is expected to reach around 0.85 by 2030.
According to 99Bitcoins, a cryptocurrency analysis platform, Pi Coin could reach a price range of $20 to $30 by the year 2030. This forecast is based on the assumption that Pi Network continues to expand its active community. The mobile-first approach of Pi Network has already attracted millions of users, and its focus on scalability, interoperability, and ecosystem development could support this moderate price growth over the next five years.
Analyst Dr. Altcoin expresses the most optimistic outlook for a price forecast of $314 for Pi Coin over the next five years. This projection is based on substantial user acquisition by Pi Network, along with planned initiatives on its part, followed by a demonstration of resilience against hurdles such as token unlocks and market fluctuations.
Similarly, Bitget raises a bullish forecast, proposing PI prices in the range of $1,000-1,150 by 2030, assuming mass adoption occurs and PI becomes integrated into mainstream financial systems.
The mainnet launch will be crucial for the successful ignition and widespread adoption of Pi Network.
Listing on major exchanges, such as Binance, could greatly amplify liquidity and investor confidence.
The development of practical applications and partnerships will be crucial for long-term success.
Favourable regulations would enable a more extensive adoption and integration into financial systems.
Pi Coin's future looks promising, with predictions ranging from $2 to $314 by 2030, fueled by strong adoption, whale activity, and potential mainstream integration.