The Pi coin worth presently boasts a bullish outlook with the Pi community’s celebration of the Pi day in the present day, which has once more highlighted the energy of the Pi group. Amid this celebration, analysts have predicted that the coin might quickly hit a brand new all-time excessive (ATH).
Can The Pi Coin Value Hit A New ATH Amid Pi Day Celebration
In an X post, crypto analyst instructed that the Pi coin worth might 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 might 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 lately predicted that Pi might 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 checklist the coin. If that occurs, he asserted that the Pi coin worth might attain between $5 and $10.
Pi coin is presently buzzing and gaining plenty of consideration, particularly with the Pi community’s celebration of the Pi coin in the present day. The crypto analytics platform CoinGecko revealed that the coin is main the pack among the many high trending cash.
In the meantime, as CoinGape reported, Pi coin already surged about 20% two days forward of the Pi day in the present day. This rally was fueled by optimism and hypothesis about potential bulletins, together with a attainable Binance itemizing of Pi Coin.
Grace Interval Formally Ends
Because 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 group 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 have 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 might impression investor confidence within the undertaking after the hype round Pi Day ends.
In the meantime, the delay in main trade listings might additionally result in bearish momentum for the Pi coin worth. That is one thing which token holders additionally should be aware of. Bybit CEO Ben Zhou already revealed that his trade has no plans to checklist Pi.
Boluwatife Adeyemi
Boluwatife Adeyemi is a well-experienced crypto information author and editor who has lined 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 grasp. Away from writing, He’s an avid basketball lover, a traveler and a part-time degen.
Disclaimer: The offered content material could embrace the private opinion of the writer and is topic to market situation. Do your market analysis earlier than investing in cryptocurrencies. The writer or the publication doesn’t maintain any accountability on your private monetary loss.
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