Can Pi Network (PI) Price Break $5? Crypto Analyst Reveals the Main Factor!

Jakarta, Pintu News—Pi Network (PI) remains one of the most talked-about cryptocurrencies despite market fluctuations.

Since its launch, the price of Pi Coin has fluctuated between $0.60 and $3 before finally stabilizing at around $1.20.

Now, crypto analyst Kim H. Wong reveals some of the main factors that could push Pi Coin’s price to break $5 in the near future. Check out his analysis here!

Pi Coin Will Behave Like Any Other Crypto

According to Wong, Pi Coin is now entering a phase where its movements are starting to resemble other crypto assets. However, some significant developments could push the price of Pi Coin higher. Here are the main factors that could increase the value of Pi Coin:

• Listing on more exchanges: The more platforms that add Pi Coin to their trading list, the greater its exposure and liquidity.
• Partnerships with merchants: The more businesses that accept Pi Coin as a means of payment, the higher its adoption in the real world.
• Ecosystem development: Pi Network constantly evolves with new features that add value to the platform.
• Increased investor interest: As more people understand the potential of Pi Coin, the demand will increase.
• Auction of .pi domains: The sale of .pi domain names is starting to attract attention and potentially impact the Pi Coin economy.

If these factors continue developing, Pi Coin could potentially experience a significant price spike in the next few months.

Pi Network gets more serious about Web3

One of Pi Network’s latest innovations is the auction of .pi domain names, part of Pi Network’s grand plan to build a Web3-based ecosystem.

A .pi domain name can be used as a digital address for various services within the Pi Network. For example, a business could have a “store.pi” domain and accept payments as Pi Coin.

The auction is already attracting great attention, with some premium domain names such as Samsung.pi and Amazon.pi reported to have received bids of up to 45,000 Pi Coin. The high interest in these domain names shows that the Pi Network is starting to gain a strong foothold in the Web3 world.

Read also: Pi Coin Listing on CoinEx, Yet Binance Remains Silent – What’s Next?

Can .pi Domain Auctions Boost Pi Coin Price?

In addition to having value within the Web3 ecosystem, .pi domain auctions also directly impact the Pi Coin economy. The bidding process locks or burns a certain amount of Pi Coin, thus reducing the circulating supply.

According to Wong, this mechanism could be a game-changer for Pi Coin, transforming it from just another crypto asset to a token with clear utility. If supply decreases while demand continues to increase, then the price of Pi Coin could jump dramatically in the near future.

Pi Network has nearly 70 million users and 20 million verified pioneers. If this number continues to grow, it will not be impossible for the price of Pi Coin to reach $5 in the near future.

Conclusion

Pi Coin has great potential to reach $5 in the near future, but there are some challenges to overcome first. Wider adoption, listing on more exchanges, and the auction of the .pi domain could be the factors driving the price to higher levels.

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*Disclaimer

This content aims to enrich readers’ information. Pintu collects this information from various relevant sources and is not influenced by outside parties. Note that an asset’s past performance does not determine its projected future performance. Crypto trading activities have high risk and volatility, always do your own research and use cold cash before investing. All activities of buying and selling bitcoin and other crypto asset investments are the responsibility of the reader.

Reference:

• Coinpedia. Can Pi Coin Price Hit $5? Top Crypto Analyst Reveals Critical Factors. Accessed March 21, 2025.
• Featured Image: Bitrue