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Jakarta, Pintu News – Pi coin is currently under pressure, with a trading price of around $0.26. Despite the Pi Network community’s best efforts, the token has not been able to bring back the excitement it had at the beginning of the year. However, many in the community remain optimistic that Pi has real growth potential.
The continuous decline in the price of Pi coin is due to several factors. First, the lack of clarity regarding Pi’s utility and applicability in real practice makes investors hesitant to invest in the long term. Secondly, the intense competition in the cryptocurrency market makes it difficult for Pi to stand out.
In addition, many investors who were initially attracted by the hype around Pi have now started to withdraw their investments due to the unfavorable market performance. However, with plans for an open mainnet launch and protocol updates, there is hope that Pi will regain momentum.
Supporters of the Pi Network community see the current downturn not as the end, but rather as part of a larger development. With the launch of the full Pi mainnet, this token could see a huge surge, with the potential to reach $10 and possibly even $100.
Also read: Can Ripple (XRP) Price Reach $100?
The launch of the open mainnet, scheduled for the near future, is expected to bring increased adoption and improved token utility. This could be a significant turning point for Pi, providing the boost needed to restore investor confidence and interest.
Unlike memecoins like Dogecoin (DOGE), Pepe Coin (PEPE), or Shiba Inu (SHIB), Pi coin has a real use case. According to Coinpedia, this gives Pi an edge over tokens that are often only driven by trends and speculation without a solid foundation.
Moreover, with the update of Protocol version 23 and the Pi Hackathon, Pi is expected to expand ecosystem utility and user adoption. This shows that Pi is not just a speculative token, but has the potential to evolve into a useful tool in the digital economy.
Despite the challenges, Pi Network has the potential to recover and reach higher values. With strong support from the community and upcoming updates, Pi could very well reach a price of $10 in the near future.
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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.
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