The price of Pi Coin is becoming a hot topic of discussion as the mainnet launch date approaches. Many investors and observers are speculating about the trading price after it is fully unlocked.
The project has created a strong wave of interest due to the mobile mining model, attracting millions of users who want to own PI without investing in expensive hardware. With the IOU (I Owe You) price fluctuating steadily between $61 and $70, this could be an initial indicator of the market valuation of PI.
On February 11, the PI IOU price surged 62% in just a few hours, sparking speculation about the launch price. This sudden increase has sparked many discussions in the cryptocurrency community about the starting price of Pi when the official network goes live. As interest continues to grow, traders and early users are closely monitoring the market's reaction after the launch.
The excitement around Pi is not only reflected in price volatility but also in its social media presence. The official Pi Network account on X has become one of the most followed cryptocurrency accounts, even surpassing Ethereum.
With 3.7 million Watchers and high engagement, Pi Network is now approaching the number of Watchers of famous meme coins like Shiba Inu and Dogecoin.
As the Pi Network mainnet launch approaches, many investors are asking about the price of this coin when it is widely traded. Based on the history of major Airdrops and new blockchain projects, the outlook is not entirely certain.
If Airdrop is used as an indicator for the Pi Network launch event, it can be seen that many highly anticipated projects like PENGU, BERA, and BLAST have faced sharp price declines after launch. However, there are exceptions, such as Hyperliquid, one of the few projects that have maintained a stable high price.
The price volatility of the Pi IOU also provides some signals about how the market is pricing this Token before the official launch. Although there have been times when the price has surged close to $90 and even $100, these are only short-term spikes and do not reflect a sustainable trend.
Instead, the PI IOU price has recorded many stable trading periods between $59 and $76, with strong accumulation around the $57–$60 range. This suggests that this may be the price level with the highest demand, and it could be an indication of the price level that may stabilize when PI is officially traded.
Based on this data, an analytical perspective suggests that the starting price of Pi could be in the range of $61–$70, the price level that has shown the highest stability. If the wave of interest continues to maintain, the price could rise higher. However, the history of previous Airdrops also shows that early investors tend to take profits, leading to strong price volatility, especially as Pi Network faces some legal warnings from experts.
The way Pi Network manages the supply after launch and the actual Trading Volume will play a crucial role in determining whether it follows the path of failed Airdrops or becomes one of the successful launches like Hyperliquid.
Despite the expectations of the global Pi Network community, the community in Vietnam is constantly urging each other to Dump when listed on the exchange, and there are even people offering to sell at lower prices than the international market.
Account T.T.T warns: "Those who are holding Pi should sell early to avoid the risk of the coin continuing to lose value." Meanwhile, account N.X.H believes that if Pi Network really has potential, its value should have increased in line with the trend of Bitcoin - but in reality, this has not happened.
Even account N.V.H declares: "I have 3,000 Pi, I'm selling at 15,000 VND/Pi, negotiable. Whoever buys, I'll sell everything. I'm no longer patient enough."
According to the latest update, the converted price of Pi Network on various group chats is currently around 41,000 VND/Pi, up from the previous level of 30,000 VND/Pi. However, this price is still self-negotiated by the parties, and there is no official common price on the market yet.
Disclaimer: This article is for informational purposes only and is not investment advice. Investors should do their own research before making decisions. We are not responsible for your investment decisions.
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