Pi Network Price Prediction: PI Coin Battles Volatility as Investors Hold Strong—Can It Break $2?
The post Pi Network Price Prediction: PI Coin Battles Volatility as Investors Hold Strong—Can It Break $2? appeared on BitcoinEthereumNews.com.
Pi Network (PI) remains at the center of a crypto storm, with wild price swings fueling intense debates among investors about its future prospects. Despite the turbulence, many investors remain optimistic about the Pi Network price, believing in its long-term potential. However, bearish signals and skepticism from industry experts continue to cloud its trajectory. Wild Price Swings Keep Investors on Edge Since its listing on multiple Pi Network exchanges on February 20, the Pi Coin price has been highly volatile. Initially listed at $2 per token, its value plunged to $0.60 before rebounding. As of today, the Pi crypto price trades at $1.59, struggling to regain its earlier highs. Pi Network (PI) price tested the $1.52 support on March 8. Source: TradingView Despite the rollercoaster ride, some investors are actively accumulating Pi Network Coin. Chien Dong, a long-time Pi Network supporter, describes his investment strategy as akin to “casting a fishing net,” placing multiple buy orders at different price levels. “If the price drops significantly, I wait for sellers to exit before buying at the bottom,” he explained. Pi’s listing fell short of community expectations, with many early miners anticipating a valuation between $500 and $1,000 per token. The disappointment led to widespread sell-offs, yet a portion of the community continues to accumulate, convinced that Pi’s mainnet launch signifies real Pi cryptocurrency value. Community Resilience and Expanding User Base Pi Network, launched in 2019 by Stanford researchers, gained popularity due to its mobile-friendly Pi mining process. Over the years, it has amassed over 60 million users worldwide, with 12 million having completed Know Your Customer (KYC) verification. The KYC and Mainnet migration deadline is extended to 8:00 AM UTC on March 14, 2025, for final balance verification and migration. Source: Pi Network via X In some regions, investors are making…
Filed under: News - @ March 10, 2025 4:24 pm