Four AIs Weigh in on the Potential of Pi Network (PI) Reaching $1 This Quarter
Crypto Bits/Markets

Four AIs Weigh in on the Potential of Pi Network (PI) Reaching $1 This Quarter

An analysis of the prospects for Pi Network's token price reaching $1, featuring insights from several AI chatbots.

Pi Network’s token, PI, has struggled significantly over recent months, leading to disappointment among its dedicated users. In an effort to inject some optimism, we consulted four popular AI chatbots to assess the likelihood of PI reaching $1 this quarter.

‘A Significant Challenge’

Currently, PI trades at about $0.20 (according to CoinGecko), which reflects a 30% drop over the past month and a steep decline from its peak of $3 in February. ChatGPT assessed the situation, noting that while reaching $1 by the end of 2025 isn’t out of the question, it would require substantial catalysts. These might include significant milestones in their mainnet and listings on major exchanges, possibly sparked by Binance’s involvement. Earlier this year, Binance inquired if users wanted PI to be traded, and while most responded positively, the exchange has yet to act on it.

Grok expressed similar concerns, stating that achieving the $1 target in Q4 would require major partnerships and positive sentiment throughout the crypto market.

“Realistically, expect sideways trading or modest gains to $0.30 – $0.40 if catalysts align, or dips to $0.15 – $0.18 on continued selling. PI’s strength lies in its community, the biggest advantage over its competitors, but it needs tangible utility to maintain its value.”

Translation: “Espera un comercio lateral o ganancias modestas entre $0.30 – $0.40 si se alinean los catalizadores, o caídas a $0.15 – $0.18 con ventas continuas. La fuerza de PI radica en su comunidad, que es la mayor ventaja sobre sus rivales, pero necesita una utilidad comprobada para mantener su valor.”

Google’s AI, Gemini, views the situation as grim as well, suggesting a small chance of PI approaching $0.50 this quarter, and describes the $1 goal as overly ambitious. According to Gemini, ongoing token unlocks present a significant barrier to price increase, as over 120 million PI tokens are set to be released in the next month, allowing investors to cash out and likely driving the price downward.

Is There No Chance?

Perplexity is the most pessimistic, predicting that PI won’t even come close to $1 this quarter. It argues that both market sentiment and technical signals aren’t conducive for such a surge, estimating a more realistic price range of $0.18 – $0.26. However, Perplexity also sees potential for growth in the long term, forecasting an optimistic rise in value in subsequent years.

Related Articles:

PI Token Unlocks, Source: piscan.io

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