The Pi coin worth at present boasts a bullish outlook with the Pi community’s celebration of the Pi day immediately, which has once more highlighted the energy of the Pi group. Amid this celebration, analysts have predicted that the coin may quickly hit a brand new all-time excessive (ATH).
Can The Pi Coin Price Hit A New ATH Amid Pi Day Celebration
In an X post, crypto analyst prompt that the Pi coin worth may quickly hit a brand new ATH amid the Pi community’s Pi Day celebration. This got here because the analyst highlighted a Head and Shoulders sample that might quickly spark a parabolic rally for Pi.
The analyst’s accompanying chart confirmed that the coin may rally to as excessive as $3.6 when this parabolic rally happens. A rally to this worth stage would mark a brand new ATH for the Pi coin, whose present ATH is $2.98.
Crypto analyst Bitcoin Buddha additionally not too long ago predicted that Pi may attain as excessive as $10. He famous that the coin is one which stands within the crypto market as it’s really community-owned. The analyst then raised the potential of Pi itemizing on Binance quickly.
Bitcoin Buddha remarked that over 253,000 group members have voted for the top crypto exchange to listing the coin. If that occurs, he asserted that the Pi coin worth may attain between $5 and $10.
Pi coin is at present buzzing and gaining a number of consideration, particularly with the Pi community’s celebration of the Pi coin immediately. The crypto analytics platform CoinGecko revealed that the coin is main the pack among the many high trending cash.
Meanwhile, as CoinGape reported, Pi coin already surged about 20% two days forward of the Pi day immediately. This rally was fueled by optimism and hypothesis about potential bulletins, together with a doable Binance itemizing of Pi Coin.
Grace Period Officially Ends
As the Pi coin worth eyes a brand new ATH, it’s value mentioning that the grace interval for each KYC and Mainnet migration has ended. The crew yesterday introduced that the group members needed to full each their KYC and Mainnet migration by 8 am UTC on March 14 to keep away from forfeiting most of their Pi apart from Pi mined.
In an earlier CoinGape report, Pi network token holders had been cautioned to be eager on the KYC and migration deadline on Pi Day to keep away from dropping their cash. Token holders even have to concentrate to the considerations round decentralization, which may influence investor confidence within the mission after the hype round Pi Day ends.
Meanwhile, the delay in main trade listings may additionally result in bearish momentum for the Pi coin worth. This is one thing which token holders additionally must be aware of. Bybit CEO Ben Zhou already revealed that his trade has no plans to listing Pi.
Boluwatife Adeyemi
Boluwatife Adeyemi is a well-experienced crypto information author and editor who has coated matters that minimize throughout a number of matters and niches. Boluwatife has a knack for simplifying essentially the most technical ideas and making it simple for crypto newbies to know. Away from writing, He is an avid basketball lover, a traveler and a part-time degen.
Disclaimer: The offered content material could embrace the private opinion of the creator and is topic to market situation. Do your market analysis earlier than investing in cryptocurrencies. The creator or the publication doesn’t maintain any duty to your private monetary loss.
