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The post Can Pi Network Price Hit $10? appeared first on Coinpedia Fintech News
The Pi Network (PI) is once again under pressure as its price slips dangerously close to fresh lows. At the time of writing, PI is trading at $0.34, just above its all-time low of $0.33. If the token breaks below the critical $0.344 support, it could fall further to $0.322, setting a new record low.
While Bitcoin (BTC) holds steady above $110,000, Pi has decoupled from the broader crypto market. Data shows its correlation with Bitcoin has dropped to just 0.12, leaving the token detached from the stability seen in other assets.
This performance has reignited a pressing question in the community: Can Pi Network ever reach $10?
For Pi to even consider a path toward $10, few things must be achieved:
According to CoinCodex data, Pi Network would need to rally 2,780% to hit $10. Their algorithm says this is highly unlikely, projecting a maximum price of $9.80 by 2050.
For now, Pi’s silence on development and lack of progress weigh heavily on its future. Without transparency from the Pi Core Team (PCT) and stronger commitments to pioneers, developers, and investors, hopes of a sustainable rally remain dim.
Hence, unless Pi delivers real utility, major exchange support, and an open market, the dream of Pi hitting $10 may remain just that, a dream.
Read More
The post Can Pi Network Price Hit $10? appeared first on Coinpedia Fintech News
The Pi Network (PI) is once again under pressure as its price slips dangerously close to fresh lows. At the time of writing, PI is trading at $0.34, just above its all-time low of $0.33. If the token breaks below the critical $0.344 support, it could fall further to $0.322, setting a new record low.
While Bitcoin (BTC) holds steady above $110,000, Pi has decoupled from the broader crypto market. Data shows its correlation with Bitcoin has dropped to just 0.12, leaving the token detached from the stability seen in other assets.
This performance has reignited a pressing question in the community: Can Pi Network ever reach $10?
For Pi to even consider a path toward $10, few things must be achieved:
According to CoinCodex data, Pi Network would need to rally 2,780% to hit $10. Their algorithm says this is highly unlikely, projecting a maximum price of $9.80 by 2050.
For now, Pi’s silence on development and lack of progress weigh heavily on its future. Without transparency from the Pi Core Team (PCT) and stronger commitments to pioneers, developers, and investors, hopes of a sustainable rally remain dim.
Hence, unless Pi delivers real utility, major exchange support, and an open market, the dream of Pi hitting $10 may remain just that, a dream.
Read More