The post Can Pi Network Price Hit $100? appeared first on Coinpedia Fintech News
The Pi Network price is currently down by over 2%, trading at around $0.61. After hitting a low of $0.55 and a recent high of $0.63, the price has been struggling to maintain the uptrend. This dip is partly linked to broader market weakness, especially after rising geopolitical tensions across the world.
At the moment, Pi Coin is still far from its all-time high of around $3, but the project’s network continues to grow, and developers are actively working on updates. Despite heavy withdrawals from the OKX exchange recently, the total Pi supply on exchanges has actually risen by 29 million in the past week, now sitting at 346.4 million Pi.
Looking at the charts, the price seems to be forming a possible double top pattern near a resistance zone, raising the question, will Pi break out or face another rejection? The MACD indicator has shown a slight bullish crossover, while trading volume remains steady.
Many traders are now wondering if Pi could climb towards the $1 mark soon. But the bigger question is — can it ever reach $50 or even $100 as some predictions suggest?
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Analysts believe three major factors will decide Pi’s future:
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