OpenWorld narxOPEN

As the Pi Network approaches the conclusion of its mining phase with the Open Mainnet launch on February 20, 2025, the cryptocurrency community is abuzz with speculation about Pi’s future market value. This transition marks a pivotal moment, shifting Pi from a closed ecosystem to an open market where its true value will be determined by supply and demand dynamics. Analyst Predictions for Pi’s Price Post-Mining Various analysts have offered projections for Pi’s price in the coming years: • CoinCodex Forecast: Anticipates significant volatility in 2025, with Pi’s price peaking at $202.45 in March, followed by fluctuations throughout the year, and stabilizing around $118.54 by December.  • Coingabbar Analysis: Projects a price range of $30 to $350 in 2025, potentially exceeding $1,000 by 2030 if Pi achieves mainstream adoption in payments and smart contracts. • CCN Outlook: Offers a more conservative estimate, suggesting an average price of $65 in 2025, with potential highs of $90 under favorable conditions. Factors Influencing Pi’s Market Value Several elements will play crucial roles in shaping Pi’s price trajectory: 1. Adoption and Utility: The extent to which businesses and developers integrate Pi into payment systems, decentralized applications (dApps), and smart contracts will significantly impact demand and, consequently, its market value. 2. Exchange Listings and Liquidity: The availability of Pi on major cryptocurrency exchanges will affect its accessibility to investors and traders, influencing liquidity and price stability. 3. Regulatory Environment: Global regulatory stances on cryptocurrencies could either bolster Pi’s adoption or pose challenges, depending on the nature of regulations implemented. 4. Community Engagement: With a user base exceeding 47 million, the active participation and support of the Pi community will be instrumental in driving its growth and real-world application. Conclusion The cessation of Pi Network’s mining phase and the initiation of its Open Mainnet represent a transformative period for the cryptocurrency. While price predictions vary, the consensus underscores that Pi’s future valuation will be heavily influenced by its adoption rate, practical utility, and the broader crypto market landscape. As Pi transitions into an open economy, the coming years will be critical in determining its position and value within the digital currency sphere. $PI

Once the ecosystem is open, Pi to the moon!

Pi Network price has the potential to rally towards all-time highs if it can hold support at $0.60. Moreover, despite a rather disappointing “launch” that saw Pi Coin drop by more than 60% in one day, the project’s founder has asserted that the token is not a “scam” and quashed FUD surrounding the project. Pi Coin trades at $0.663 today after retreating from a daily high of $0.996. After a heightened period of volatility, PI Coin seems to be stabilizing between the $0.64 and the $0.66 range. Pi Network Founder Quashes FUD: Can Price Reach ATH? In a recent YouTube video, Pi Network’s founder, Chengdiao Fan, defended the network, saying that, unlike new blockchain projects, Pi Coin never made an Initial Coin Offering (ICO). Instead, the project made sure the tokens were free and accessible to everyone. Fan added that unlike meme coins, which lacked strong fundamentals, Pi Network had built a solid infrastructure and ecosystem to ensure Pi Coin has utility. “Don’t let the noise distract you, focus on what matters, and what makes a difference in the crypto space,” she stated. Her remarks come after several pioneers expressed their “disappointment” in the recent launch. Dr Picoin opined that considering the launch price of below $2 and the subsequent drop, the project should have been released three years ago. “Yesterday was shockingly disappointing!… I am requesting the Core Team to return to the drawing board and assess the potential repercussions of having very disappointed pioneers,” the pioneer noted. CEO Ben Zhou has also labeled the project a “scam” and added that the exchange will not allow its users to buy Pi Coin on the platform. Given these headwinds, Pi Coin’s short-term outlook seems bearish. However, if Pi Network price can overcome these challenges and regain community support, how high can it rally, and could it reach an ATH? Pi Network Token Analysis – Is a $3.4 ATH in Sight? Pi Coin seems to be cooling off after a period of intense price volatility. The token has formed support at $0.60, and if it can successfully defend this level, it could prevent further drops. If buyers make a comeback, the Pi Network token faces resistance at $0.82. A recovery past $1 will also spark an extended rally towards an all-time high level of $3.4. PI/USDT Chart Besides needing buying support, Pi Network needs to announce strategic partnerships that highlight Open Network’s use case. Strong fundamentals tend to bode well for new tokens and could dispel concerns about the project being a scam.

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The Brazilian cryptocurrency market has scored yet another milestone, offering investors the world’s first XRP exchange-traded fund (ETF). The instrument, which according to local media was greenlighted by the country’s Securities and Exchange Commission (CVM), will offer institutions an easy way of investing in XRP, Ripple’s international cryptocurrency, without having to deal with self-custody and maintenance. The Hashdex Nasdaq XRP Index Fund was launched by Hashdex, a known crypto fund manager, and managed by Genial Investimentos. The fund is currently in its pre-operational phases. The liftoff of this ETF makes the Brazilian market a pioneer yet again when it comes to opening investment options that benefit institutions and individuals who enter the cryptocurrency market for the first time. Brad Garlinghouse, CEO of Ripple, reacted to the news positively on X, telling his followers “Bom Dia!” Silvio Pegado, Regional Director of Ripple Latam, believes that Brazil has a visionary approach to crypto markets, remarking that it also approved one of the world’s first Bitcoin ETFs in 2021, conceived by QR Capital. Talking to Valor Economico, Pegado declared: Through regulation and public consultations, Brazil continues to position itself as a country open to innovation, and we expect it to be central to more pioneering advances in the crypto sector in the future. Brazil has opened to other similar crypto funds, including the first Latam-based Ethereum ETF, and the first and second Solana-based ETFs. The performance of these funds has also been positive, with crypto ETFs reaching record numbers in November when investors jumped into the cryptocurrency bull market using these vehicles. Read more: Bitcoin ETFs Set New Records in Brazil Meanwhile, several companies have filed proposals to offer a similar fund in the U.S., but these applications have still to be approved (or rejected) by the country’s securities regulator. 免责声明：本文章仅代表作者个人观点，不代表本平台的立场和观点。本文章仅供信息分享，不构成对任何人的任何投资建议。用户与作者之间的任何争议，与本平台无关。如网页中刊载的文章或图片涉及侵权，请提供相关的权利证明和身份证明发送邮件到[email protected]，本平台相关工作人员将会进行核查。