Pi Coin, which made a splash upon launch, now faces challenges. Its price dropped 60% in March. ChatGPT provides three potential scenarios for April.
Pessimistic Scenario
If existing problems aren't resolved, Pi Coin could drop to $0.50–$0.65. The lack of listings on major exchanges and regulatory concerns have discouraged investors. If the $0.71 support level fails, the price could fall quickly.
Realistic Scenario
Under current conditions, the price may remain between $0.80 and $1.10. The support level at $0.71 gives hope for an increase, but without major news, like exchange listings, significant changes are unlikely. The project still has a substantial community that can sustain the price at this level.
Optimistic Scenario
If Pi Coin manages to get onto major exchanges or offers better conversion mechanisms into other currencies, it could push the price above $1.10 and even to $1.50–$2.20. A successful Open Mainnet launch and new marketing efforts could also have a positive impact.
April will be a crucial month for Pi Coin. The key challenges are not just related to price but also to the trust in the project. Addressing major issues could stabilize or even improve the situation.
