Experts share the price target of 10 USD for Pi Network, but how long will it take?
The price of Pi Network (PI) has dropped by 4% today and is currently trading around 0.48 dollars. However, in the context of a declining market, a cryptocurrency expert has given Pi supporters a reason to remain hopeful.
Dr. Altcoin, a widely followed analyst, shared a positive update, predicting that Pi Network could eventually achieve the long-awaited price target of 10 dollars.
According to him, this milestone could be reached when the AI App Studio can start building advanced applications on the Pi ecosystem and the network finds a stable price range around 10 dollars ±10%. That is when Pi Network will truly begin to function as a global peer-to-peer digital currency, Dr. Altcoin stated.
When a community member asked how many years it would take, the expert honestly replied: “For the AI App Studio, it takes 1-2 years.”
Price outlook for Pi Network
While major cryptocurrency exchanges like Binance have yet to list Pi, the recent integration with fiat-to-crypto platforms such as Onramper and On-ramp.money has made purchasing Pi with cash easier. This move could help increase actual demand and push prices higher in the long run.
Currently, Pi Network is facing several challenges, including inflationary pressure, with millions of tokens entering the market every day. Nevertheless, technical indicators are showing early signs of recovery.
$BTC
$ETH
The price of Pi Network (PI) has dropped by 4% today and is currently trading around 0.48 dollars. However, in the context of a declining market, a cryptocurrency expert has given Pi supporters a reason to remain hopeful.
Dr. Altcoin, a widely followed analyst, shared a positive update, predicting that Pi Network could eventually achieve the long-awaited price target of 10 dollars.
According to him, this milestone could be reached when the AI App Studio can start building advanced applications on the Pi ecosystem and the network finds a stable price range around 10 dollars ±10%. That is when Pi Network will truly begin to function as a global peer-to-peer digital currency, Dr. Altcoin stated.
When a community member asked how many years it would take, the expert honestly replied: “For the AI App Studio, it takes 1-2 years.”
Price outlook for Pi Network
While major cryptocurrency exchanges like Binance have yet to list Pi, the recent integration with fiat-to-crypto platforms such as Onramper and On-ramp.money has made purchasing Pi with cash easier. This move could help increase actual demand and push prices higher in the long run.
Currently, Pi Network is facing several challenges, including inflationary pressure, with millions of tokens entering the market every day. Nevertheless, technical indicators are showing early signs of recovery.
$BTC
$ETH