Highlights
Pi Network has gained notable traction from the market participants since its mainnet launch last week. Notably, the crypto has also made headlines due to major listings from multiple exchanges and other key developments, with experts predicting a potential PI Coin price rally to $3.14. Amid this, the PI coin targets Bitcoin, DOGE, and BNB to become the most followed cryptocurrencies on X, after surpassing Ethereum.
So, here we explore the developments in detail and see what lies ahead for the crypto.
Pi Network has been making waves in the crypto market since its mainnet launch last week, with multiple exchange listings and other significant developments. In a recent milestone, Pi Coin’s official X account surpassed Ethereum to enter the top 5 most followed cryptocurrencies globally.
According to a recent X post, Pi now trails behind only three cryptocurrencies in terms of followers:
This impressive growth has sparked speculation about Pi’s future prospects. As the network continues to gain traction, investors are eyeing potential opportunities. With its sights set on surpassing Bitcoin, DOGE, and BNB, Pi Network is undoubtedly a crypto to watch in the coming weeks and months.
The Pi Coin value today was down nearly 6% and traded at $1.50 and its one-day trading volume slumped 35% to $1.12 billion. Notably, the crypto has hovered between the $1.70 and $1.34 range in the last 24 hours.
However, despite the waning price action, experts remain bullish on the future trajectory of the coin, sparking market optimism. Notably, in a recent X post, a renowned market pundit predicts PI Network’s potential to hit $3.4 ahead.
Renowned market expert Kim H Wong has predicted that Pi Coin’s price could skyrocket to $3.14 in the near term. According to Wong on X, several factors are contributing to this potential surge, which are:
Wong believes that these factors would serve as key catalysts for Pi Coin’s price in the near term. According to him, Pi will challenge its previous high of $2.20 in the short term and eventually target the $3.14 mark. Besides, a recent report indicates that Pi Coin’s price can surpass XRP’s value following Binance’s listing.
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