Will Pi Coin Reach $500? Check The Current Price, Crash, And Other Latest Details News24 –
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Pi coin: Pi Network's Open Mainset was officially launched on Thursday, February 20, and this enabled users to transmit their PI coins outside the network for the first time. With the start, this crypto coin is now available for outstanding cryptocurrency exchanges such as OKX, Bitget and Coindcx. In addition, this marks the beginning of the real trade, value and investment opportunities.
This was an important moment for people who started mining years ago. In addition, individuals can buy, sell and act these crypto coins like other cryptocurrencies. The price is subject to market volatility, but PI is now a large cryptocurrency.
Will Pi Coin reach 500 US dollars?
Pi Coin's price has doubled in the past few weeks and has reached almost 100 US dollars. Analysts assume that it could break through this level and increase to $ 120 to $ 150 or more if there is enough trading volume. A successful break through $ 100 could lead to a large rally, especially with more people who use them and exchange them. Analysts assume that trading will be increased in early 2025, which can lead to price fluctuations between $ 80 and $ 120.
There is speculation that when more people start using PI coin by the middle of the year, its price could achieve $ 150 to $ 200. If the market continues to grow and picoin becomes more useful, it could even be over 300 US dollars by the end of the year. If you look at 2030 if the PI coin becomes a widespread digital currency with real usage purposes, your price could exceed $ 500. However, this depends on the network's ability to develop further, get more people, use it and effectively navigate the regulations.
The current price, the crash and other latest details
The price of Pi Coin recorded considerable volatility after its introduction of Mainnet. Pi Coin's price has dropped considerably. It started to act with $ 2.20 on the starting day, but soon fell by about 55% to around 1 US dollar. It continued to fell to more than 70%. Before the start, some investors acted PI coin at very high prices, up to 200 US dollars, which caused unrealistic expectations.
According to Binance, Pi Coin is currently $ 0.732122 with a current market capitalization of $ 0 and the 24-hour trade volume of $ 50.80 million.
In particular, in contrast to other cryptocurrencies such as Bitcoin, where powerful computers are required, PI coins can be easily broken down using a mobile app.
Read also: Pi Coin: Why did it crash during his Mainnet start? Here is the latest price and other details
Written by
Akshat Mittal
February 22, 2025 09:45
