How high can Pi Network Price Go If the Mainnet Launches Tomorrow?
The post How high can Pi Network Price Go If the Mainnet Launches Tomorrow? appeared on BitcoinEthereumNews.com.
Pi Network price is preparing for big moves as the much-awaited Know Your Customer (KYC) verification process concludes on January 31. So far, the altcoin has moved sideways ahead of this big milestone, but let’s explore how high Pi coin will soar if the Pi Network mainnet launches tomorrow. The Pi network miners, also known as pioneers, are anticipating the end of the KYC process on Friday, January 31. After multiple delays and deadlines, the developers hint that the mainnet could launch in the first quarter. This involves the network moving from the enclosed mainnet to the Open Network. Although there’s at least a month or two before this happens, let’s explore how high the Pi Network price might go if the mainnet launches tomorrow. What are the implications of this highly anticipated event? Will the Pi coin price hit an ATH? Pi Coin Price Prediction if Mainnet Launches Tomorrow The Pi Network price offered by HTX has been a good proxy for the coin since 2022. For example, the coin soared to $100 in October as the KYC grace period deadline neared. It then imploded when the developers postponed the first deadline to December. The odds of another delay explain why the coin has remained in a tight range this week. The daily chart shows that the Pi Network price was trading at $43 on Thursday, where it has been in the past few days. This price is slightly above the ascending trendline that links the lowest sides since September last year. The price is also along the lowest point on November 28, December 20, and January 13. It has formed what looks like a double-bottom pattern. Also, it has formed a falling wedge pattern, a popular bullish reversal sign. Therefore, the odds of the Pi Network mainnet launch…
Filed under: News - @ January 31, 2025 2:15 am