The launch of the PI network today: Could this be the next big thing in Crypto? Check the price range and expectations
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Exploits to the PI Currency Lists
Several central exchanges confirmed its support for PI. OKX, Bitget, houseHTX, and Bitmart will include the distinctive symbol at launch. Peter The Pi Airdrop group also announced $ 60,000 for qualified users, until March 3. “Based on their participation and exchange activities, different quantities of PI currencies will be cut off for users.” Meanwhile, the Bitmart PIMAR offers a value of $ 3000 to 300 chosen users.
While these promotions generate excitement, Binance I followed a different approach. The stock market reserves a rare community vote to determine whether the PI network should be listed, with the results expected on February 27.
However, not all exchanges build PI. HTX recently deleted the distinctive symbol of the Pi Network (I owes you), which contributed to the decrease in the prices of more than 50 %. IOU symbol was used by merchants to predict the PI’s value before the official launch.
Increased attention and standard growth
The public interest in the PI network has risen before Mainnet launch. Google Trends data reveals that the “PI” searches have reached the highest possible value of 100, which is a huge jump from 26 in March 2024.
The project also witnessed an increase in application downloads. The PI network exceeded 110 million operations, with an average of 110,000 new downloads per day. On February 17 alone, more than 540,000 new users joined the network. Currently, the application is ranked fourth in the social category in the Google Play Store, which only falls behind Facebook and Instagram.on, social media, and the PI has surpassed the main specialties Blockchain Networks, including Ethereum and BNB chain, in the number of followers. Encryption Analyst Kim Hong noted, “The PI has quickly become one of the most Blockchain projects discussed among the best cryptocurrencies.”
Price speculation: What will be the PI currency?
When Pi Coin is preparing for open trading, its potential value is widely discussed. The current IOU trading indicates a price range between 61 and 70 dollars. However, projections differ, with some estimates in 331.40 dollars by March 2025.
Some extreme predictions indicate that it can range between $ 1 and $ 314159 – the numerical value of PI. But the demand for the market and trading volume will eventually set the real price. Analysts highlight that if Coin Coin exceeds the psychological resistance of $ 100, it may rise to 120 to 150 dollars. If the rejection at this point is faced, there is likely to be a return to a range of 40 to 50 dollars before another upward movement.
Future challenges and prospects
Despite enthusiasm, the PI network still faces major challenges. Organizational approval and compliance will be necessary for its legitimacy in the broader encryption market. The Binance menu can provide the liquidity needed to increase prices, but the stock market has not yet confirmed any plans.
In addition, the transition to the decentralized Blockchain should be performed. If it succeeds, the PI can gain wider and become an important player in the encryption industry. However, if technical or organizational road barriers appear, its momentum may stop.
As the countdown to launch approaching its last hours, the PI network is located at a crossroads. Whether the game changes or fades in mystery, it will depend on the extent of its transition to the move to the open market.
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