While the volatility of the cryptocurrency market has persisted recently, Pi Network’s PI token has seen a notable surge of double digits. This prompted an inquiry to four leading AI chatbots to gauge potential price forecasts for November.

A 140% Surge Possible?

The Pi Network team has rolled out several significant updates. Recent revelations from various X platform accounts confirmed the project’s compliance with the EU’s Markets in Crypto-Assets Regulation (MiCA), contributing to a price increase of approximately 10%, pushing its value to about $0.25, according to CoinGecko.

PI Price, Source: CoinGecko

ChatGPT suggests a possible upward movement to $0.30, or even $0.33 with significant news. Grok forecasts a rise into the $0.30-$0.35 bracket but cautions that a correction in Bitcoin could drag PI down to $0.22.

Conversely, Gemini adopts a more optimistic outlook, predicting the price could ascend to $0.50 or even $0.60 by month’s end, representing a striking 140% increase from the current levels. Moreover, if a major exchange lists the token, it might reach $5 by New Year’s Eve.

A considerable boost is anticipated if Binance decides to support this asset. Earlier this year, Binance surveyed clients about interest in trading PI, with most expressing enthusiastic support, yet no action has been taken so far.

Potential Risks Ahead

On a bearish note, Perplexity warns that PI could dip below $0.20 as more coins transition to exchanges and unlocks approach. Recent data indicates nearly a million assets have moved to centralized platforms within the last 24 hours, with about 166 million PI tokens expected to unlock in the next month, suggesting increased selling pressure.

PI Token Unlocks, Source: piscan.io

Conclusion

The landscape for Pi Network’s PI token presents a blend of potential growth and risks, making it essential for investors to remain vigilant and thoughtful about market movements.