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Cryptocurrency News Video
Pi Network Price Eyes Rally To $3, Expert Reveals Why!
Mar 20, 2025 at 03:00 pm Crypto Station
The Pi Network is gaining traction again, with analysts now predicting a potential rally to $3. But what’s driving this renewed optimism? In this video, we’ll break down expert insights, key developments, and factors that could shape Pi’s price in the coming months. Let’s dive in. Pi Network’s price has been volatile since its debut, fluctuating between $0.6 and $3. Recently, it has stabilized around the $1.10 mark, sparking discussions about its next big move. Crypto analyst Kim H Wong believes Pi is primed for a rally, citing upcoming developments and potential exchange listings. According to Wong, Pi’s initial surge was largely fueled by market excitement and speculation, but the lack of major announcements has led to a slowdown. However, he now sees several factors that could reignite momentum. The Pi Network community has been waiting for updates from the development team, and frustration has been growing. But Wong highlights several upcoming catalysts that could push Pi’s price higher: 1. Major Exchange Listings – If Pi is listed on top-tier exchanges like Binance or Coinbase, it could drive significant demand. 2. Merchant Partnerships – A U.S.-based real estate firm recently announced it would accept Pi as payment, showcasing real-world adoption. 3. Domain Auctioning – The launch of the Pi Domains tab in the Pi Browser has attracted significant attention. These .Pi domains could be key to developing a decentralized Web3 ecosystem and reducing Pi’s circulating supply, potentially increasing its value. Another crucial factor is the recent implementation of two-factor authentication (2FA) by the Pi Network team. This move enhances security and ensures a smooth transition to the mainnet, which could boost investor confidence. At present, Pi Coin is trading at $1.17, marking a 2% daily increase. However, trading volume has dropped by 35% to $370 million. The weekly chart shows a 31% decline, raising concerns among traders. Despite short-term volatility, some analysts predict a rally to $3.14. They argue that a combination of token burns, increased adoption, and a potential ETF launch could drive prices higher. A looming concern for Pi investors is the upcoming token unlock. On March 21, approximately 21.2 million Pi Coins—worth $42.39 million—will be released. Additionally, over the next 12 months, a total of 1.6 billion Pi tokens, valued at $1.88 billion, will enter circulation. While this increased supply could negatively impact prices, Wong believes that other major catalysts, like exchange listings and ecosystem expansion, could offset selling pressure. Pi Network’s future remains uncertain, but recent developments indicate a potential rally. With exchange listings, merchant adoption, and new security features in play, the road to $3 seems possible. However, investors should remain cautious about the impact of upcoming token unlocks. #pinetwork #pinetworknewupdate #pinetworkpriceprediction
Disclaimer:info@kdj.com
The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research!
If you believe that the content used on this website infringes your copyright, please contact us immediately (info@kdj.com) and we will delete it promptly.
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