The post Pi Coin Price Prediction: Bearish Scenario Revealed appeared first on Coinpedia Fintech News
As of today, Pi Network’s token (PI) is trading around $1.69, showing a slight dip of about 2% over the past 24 hours. Last week, it reached an all-time high of $2.98, but has since pulled back by around 41%. This price volatility has raised questions among investors about what’s driving the changes in its value.
The token’s future is closely tied to market sentiment and exchange listings. If major exchanges list Pi, it could spark renewed investor interest, pushing the token to new highs. According to CoinCodex, Pi could surge by 234.84% this month, with a potential average price of $3.37—an increase of 101.79% from its current level. The highest price forecast is $5.64.
A major factor affecting Pi’s price is the anticipation surrounding its potential listing on major exchanges like Binance and Coinbase. Recently, Binance held a community vote, with 86% of users supporting the listing of Pi. However, despite this strong support, Pi Network has yet to be listed, which has led to some uncertainty among investors and contributed to the recent price dip.
Despite the exchange listing delays, Pi Network is seeing increasing real-world use. Businesses in countries such as the USA, China, Vietnam, Thailand, and India are accepting Pi as payment. In China, BYD Auto Service Company even allowed customers to purchase cars with Pi, selling around 100 vehicles globally. This growing acceptance could help boost Pi’s reputation in the crypto space.
March will be a key month for Pi’s future, as it could determine whether the token bounces back or remains under pressure.
