Will Pi Coin price Surge to $10 After Mainnet Launch?

• A controlled token supply and strong user growth for Pi Coin could create the scarcity needed to push its price toward $10.
• Improved exchange listings and innovative features (like token burning) can boost liquidity and drive Pi Coin’s value higher.
• A favorable regulatory environment may increase investor confidence, supporting Pi Coin’s long-term potential to reach $10.

Following nearly a decade of establishing a community, the Pi Coin Network launched its mainnet, disappointing a lot of initial miners. The IOU price had risen to $183.49 prior to the launch with hopes of a boom to $300. Pi Coin now, however, trades at approximately $0.76—a drop of over 55% in less than a day. This drop has set tongues wagging on whether Pi Coin can regain its previous level of $10, which would place it on the same level as the major cryptocurrencies.

A $10 valuation of Pi Coin is indicative of enormous growth. At the moment, just 10% of the 100 billion PI tokens are present on launch, leaving it with an estimated worth of around $76.2 billion. If it were to increase to $10, the valuation would be up to $1 trillion.

Factors on Pi coin Price Potential

There are a few reasons why the price can go up in the long term. First, supply management is important. Token circulation is low, and thus, if future releases are controlled by the Pi Network team, scarcity can push demand and prices up. Second, network growth and user adoption are important.

With more than 10 million users, growing usage for payments and new use cases may push demand for Pi Coin up. Improved exchange listings would make a big difference for Pi Coin. It’s already listed on OKX and CoinDCX, which is an improvement for liquidity and visibility.

Listing on bigger exchanges like Binance would bring in institutional investors and additional trading volume. Improved protocol innovation may be required as well. The Pi Network team may need to add features such as a token-burning mechanism to reduce supply and drive the coin’s value higher.

A friendly regulatory environment can be helpful for growth. Recent American pro-crypto policies have allowed projects to innovate without prolonged legal struggles. This can allow the Pi Network team to focus on their roadmap and develop the network, which could drive the price higher.

It is too much to hope for to hit a price target of $10 from $0.76, so most of the early miners hope to stabilize the price and hit $1 first. To hit $10 would require tight supply management, network growth, improved exchange listings, upgrades, and positive regulation.

Pi Coin will hit $10 one day, but not today. Its initial investors are holding their breath hoping it stabilizes and gains some value, first with a humble goal of $1 before then hoping to go higher.

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