After 6 years of development, Tap-to-Earn rewards, the Pi Network is finally launching its mainnet today at 8 AM (UTC). However, rising uncertainty and speculations of profit-booking have resulted in the value of this altcoin experiencing a crash of over 55% within a short period.
Are you one of many who are planning on investing in Pi altcoin after the Pi Network mainnet launch today? Moreover, investors are curious with questions like “What is the expected price of one Pi coin?” In this article, we have covered the market trends and possible Pi Coin Price Analysis just for you!
About Pi Network & Its Mainnet Launch Today!
Reportedly, Pi Network, an old mining project running under development for about 6 years has successfully regained the spotlight this year. Following the announcement of a mainnet launch and airdrops, the early miners and users are actively monitoring the movement of this project.
Notably, Pi Network is a unique social and developer platform that allows mobile users to mine Pi coins without draining the battery and harming the environment. With over 36 million engaged user base and a novel mining mechanism, Pi Network has made a huge impact in the community.
How High Will PI Price Go?
Considering the present market sentiment and tokenomics of the project, it is highly volatile, under the market radar, and is being closely watched by the top marketers and miners. Reportedly, fundamental updates and whitepaper releases could push the Pi coin price much higher this year.
On the contrary, a pump-and-dump scheme following the airdrop could not be blurred as the crypto market has witnessed numerous such events over the past years. Under such a case, the price could potentially pull itself toward a new ATL within a short period.
Are you wondering about the long-term price prospects of the viral altcoin, but are concerned with questions like “Will the Pi Coin be worth anything?” Read CoinPedia’s latest Pi Coin Price Prediction Today to unfold the possible mysteries until 2030!
FAQs
Considering the present market sentiments, it is too early to predict anything as of now.
By evaluating the present value and market sentiments, the Pi Network price could reach a maximum trading value of $100.
At the time of writing, the value of one Pi token was $33.08.
