Starting today, the token of PI Network (PI) will act around $ 1.69, with a slight dip of about 2% in the last 24 hours. Last week it reached a record high of $ 2.98, but has since been withdrawn by around 41%. This price volatility has asked questions among investors about what the changes stimulate in its value.
The future of token is closely linked to market sentiment and exchange reports. If large exchanges make on the list, this could arouse a renewed investor’s interest, which pushes token to new highlights. According to Coincodex, PI could increase by 234.84% this month, with a potential average price of $ 3.37 – an increase of 101.79% compared to the current level. The highest price forecast is $ 5.64.
An important factor that influences the price of PI is the expectation about the potential list at important stock exchanges such as Binance and Coinbase. Binance recently held a community mood, with 86% of users supporting the PI list. Despite this strong support, however, PI network still has to be mentioned, which has led to any uncertainty among investors and has contributed to the recent price dip.
Despite the delays from the exchange listing, the PI network sees increasing real-world use. Companies in countries such as the US, China, Vietnam, Thailand and India accept PI as payment. In China, BYD Auto Service Company even allowed customers to buy cars with PI, so that around 100 vehicles were sold worldwide. This growing acceptance can help to increase the reputation of PI in the crypto space.
March will be an important month for the future of PI, because this can determine whether tokens bounces back or stays under pressure.