The Pi Network token continues to attract the attention of analysts and investors. In this article, we explore the current market trends and the forecasts for the future growth of this cryptocurrency, as well as recent achievements of the project on the international stage.
Current Market Situation
Pi Network began trading on February 20, nearly six years after the project’s inception. In its early trading days, the price of PI fluctuated, reaching lows below $0.65 and highs of around $3 at the end of February. Later, the price stabilized at approximately $1.90, according to CoinGecko data.
Expert Forecast Analysis
Some market participants predict a new rise for PI. Analyst Coinvo believes PI is approaching another growth phase, while user MOON JEFF predicts a rise above $5 soon. Some experts even mention a symbolic target of $314.159, linking it to the mathematical constant π.
Pi Network's Recent Achievements
Pi Network has recently reached a significant milestone in popularity, surpassing 4 million followers on social media platform X, outpacing cryptocurrencies such as Ethereum and Shiba Inu. The project is particularly popular in Asian countries, including South Korea, Vietnam, and China.
Despite some experts' optimism, a rise to the nominal value of $314.159 for PI requires a significant increase in market capitalization, which currently seems unlikely. Nonetheless, the project continues to gain popularity, particularly in the Asian region.
