Pi Network Price Prediction: Pi Coin to $100?
After years of waiting, Pi Networks (PI) mainnet launch is finally here.
The mainnets arrival now has millions of early users wondering about PIs price potential.
Can this new coin really deliver market-beating returns and hit $100?
Pi Networks Mainnet Launch Captures Crypto Investors Attention
Pi Network has built a huge following, mostly under the crypto radar.
Launched in 2019 by Stanford researchers, the mobile-focused project took a different path from its competitors, drawing interest and skepticism.
Users earn PI coins by simply tapping a button in a phone app daily and building trusted circles.
Many dismissed Pi Networks setup as unrealistic.
They claimed a cryptocurrency mined on phones without heavy hardware could be impossible.
Even with the skeptics, Pi Network kept gaining traction, attracting over 60 million users by June 2024.
These users kept at it, checking in daily for PI coins they couldnt yet trade.
Now, Pi Network has reached a turning point.
Its shifting from its Enclosed Mainnet to a live blockchain.
With 18 million KYC-verified users and 10 million already on the mainnet, Pi Network looks ready to take off.
The big question is: how high can the PI coin go once it hits exchanges?
PI Coin Price Prediction Is $100 Realistic or Just a Dream?
PIs current price of $1.60 makes the $100 mark seem like a dream but is it realistic?
Based on the coins 100 billion supply, a $100 PI would mean a $10 trillion market cap.
Thats massive it would be over five times larger than Bitcoins market cap.
However, the key point is that not all PI coins are circulating.
The actual number is much lower than 100 billion, limited to verified users on the mainnet.
So, with only around 10 million migrated wallets, the math gets easier.
Pi Network does have some legitimate strengths that could push PIs price up in the days and weeks ahead.
Its huge user base is a real plus point, and its mobile-first design also makes it accessible to many people who havent been involved in crypto before.
Still, hitting $100 in the near future seems unlikely.
A more realistic goal might be $10-20 as the projects ecosystem grows and the initial hype settles.
Investors should also be wary of the challenges ahead.
Network congestion could plague Pi Network, and regulatory scrutiny might ramp up now that real money is involved.
Plus, with many early miners potentially looking to cash out after years of waiting, selling pressure is likely to be enormous.
Is Solaxy the Next Big Crypto After Pi Network? SOLX Token Presale Raises $22.4M
Pi Networks launch has everyone talking, but some investors are already eyeing the next big thing which could be Solaxy (SOLX).
This new project is building the first Layer-2 scaling solution for Solana. Think of Solaxy as an express lane for the Solana blockchain.
When the main chain gets busy, Solaxys Layer 2 ensures that transactions can occur quickly and cheaply.
This setup addresses a real issue for Solana users: congestion. So, does Solaxy have even bigger potential than Pi Network?
Since its building on Solanas existing blockchain, which already has an enormous community of developers and users, Solaxy could see faster adoption than Pi.
Thats because it doesnt need to build its ecosystem from the ground up.
Solaxys presale success is another promising sign raising over $22.4 million shows serious investor interest.
Right now, investors can buy the native SOLX token in presale for just $0.00164.
The token will serve multiple functions within Solaxys ecosystem, like handling transaction fees and governance voting.
Crypto expert ClayBro believes this setup could help SOLXs price explode once it goes live on exchanges.
Ultimately, the future looks bright for this new Layer-2 project.
While the $100 mark for PI might seem far-fetched, Solaxys focus on a proven solution in an established ecosystem suggests it might have stronger growth prospects.
Read more: https://www.tronweekly.com/pi-network-price-prediction-pi-coin-to-100/
Text source: TronWeekly
