#PI The future trend of Pi Network is influenced by multiple factors such as technological advancements and market sentiment, facing short-term pressure while possessing long-term potential, making it difficult to accurately predict the specific trend. The following analysis combines the current project dynamics and market situation as of November 17.
1. Short-term trends are cautious: There is significant pressure on the market, with Pi coin dropping approximately 4.9% on November 14, trading around $0.212, and failing to break through key resistance levels due to insufficient buying power. Additionally, 173 million tokens are expected to be released in December, likely exacerbating the selling pressure. Predictions indicate that the price range for Pi coin in November will be around $0.1734 - $0.1857, continuing the overall weak trend.
2. There is a possibility of a positive long-term trend: Technically, the App Studio upgrade in November, Pi Node updates, and the launch of DEX functions on the testnet have laid the foundation for ecosystem implementation, with the smart contract system completed by 66%. In terms of ecosystem and compliance, it has over 70 million registered users and is advancing the integration with the ISO 20022 financial standard. If the mainnet successfully launches comprehensively in the future, complies with regulations, and attracts more developers to build applications, it is expected to activate the token's value. Some even believe that if it gains attention from large enterprises, the price could break through 1 USD.
It is also important to note that Pi coin has not officially launched on mainstream compliant exchanges, and related trading carries risks; its price predictions are merely market analyses and do not constitute investment advice.
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#PI The future trend of Pi Network is influenced by multiple factors such as technological advancements and market sentiment, facing short-term pressure while possessing long-term potential, making it difficult to accurately predict the specific trend. The following analysis combines the current project dynamics and market situation as of November 17.
1. Short-term trends are cautious: There is significant pressure on the market, with Pi coin dropping approximately 4.9% on November 14, trading around $0.212, and failing to break through key resistance levels due to insufficient buying power. Additionally, 173 million tokens are expected to be released in December, likely exacerbating the selling pressure. Predictions indicate that the price range for Pi coin in November will be around $0.1734 - $0.1857, continuing the overall weak trend.
2. There is a possibility of a positive long-term trend: Technically, the App Studio upgrade in November, Pi Node updates, and the launch of DEX functions on the testnet have laid the foundation for ecosystem implementation, with the smart contract system completed by 66%. In terms of ecosystem and compliance, it has over 70 million registered users and is advancing the integration with the ISO 20022 financial standard. If the mainnet successfully launches comprehensively in the future, complies with regulations, and attracts more developers to build applications, it is expected to activate the token's value. Some even believe that if it gains attention from large enterprises, the price could break through 1 USD.
It is also important to note that Pi coin has not officially launched on mainstream compliant exchanges, and related trading carries risks; its price predictions are merely market analyses and do not constitute investment advice.