Pi Coin Price Prediction For Short Terms And The Role of PiWallet

[Aykizcrypto]

 

 

Pi Coin made its highly anticipated debut on major exchanges on February 20, 2025. However, following the initial excitement, the price saw a sharp decline, falling by 65%. As of now, Pi Coin is trading at $0.75, with a 7% drop in the last 24 hours. Despite selling pressure and market uncertainty, analysts, including Kim Wong, remain optimistic about its future.

Initial Trading Activity and Price Movements

Upon launch, Pi Coin traded at $2, reaching a high of $2.20 before dipping to $0.09. Since then, price volatility has continued, with Pi Coin fluctuating between $0.60 and $0.80. Wong believes that if Pi Coin breaks above $0.80, it could quickly climb to $1, and potentially $2, fueled by news of a Binance listing or advancements in Pi’s ecosystem.

Market Misunderstandings and Investor Reactions

Some early investors have expressed concerns over Pi Coin’s perceived low price. However, confusion over its circulating supply may be a key factor. While exchanges list Pi’s supply at 6.35 billion, the actual unlocked supply is only 554 million coins. Analysts suggest that once this distinction becomes widely understood, Pi Coin’s price could see a tenfold increase.

Pi Coin, PiWallet, and Crypto Market Comparison

In addition to Pi Coin’s evolution, the PiWallet (PiWT) project is gaining traction, offering a secure and user-friendly platform for Pi transactions. PiWallet enhances the network’s usability, allowing seamless storage and transfer of Pi Coin and its native PiWallet Coin (PiWT).

Even at $0.72, Pi Coin’s valuation remains competitive. Comparatively, other projects with similar circulating supplies, such as Supra, are trading at much lower prices (e.g., $0.012). Typically, cryptocurrencies with similar supplies debut at higher valuations, making Pi Coin’s current price relatively strong when considering market trends and ongoing ecosystem development.

With Pi Coin’s open trading and the rise of projects like PiWallet, the network’s expansion could drive long-term value, making Pi an asset to watch in the evolving crypto space.