Pi Network (Pi) Price Prediction 2024-2030: Will Pi Price Hit $100 Soon?

• Pi’s price might increase, and reach $96 before the end of 2024.
• By 2027, the price of Pi might fall to $60 as holders might have taken a lot of profits.
• Pi might find it hard to reach its all-time high in 2030 but the price could be $280.

Mining has become less popular within the broader crypto ecosystem. Nonetheless, some projects are involved in the activity, and it has been helping their community grow. One of such project is Pi Network, a social platform that allows users to mine their native cryptocurrency from their mobile phones.

While there has been some controversy about the long-term reliability of the project, it has remained one that newbies in the crypto market have adopted. That said, here is an overview of the future outlook for Pi and its price prediction from 2024 to 2030.

What is Pi Network?

Pi Network is a platform that gives users access to mine Pi coins on mobile phones without affecting the phone’s functionality. Pi works as both a social project and a developer-based platform.

According to the project, it has over 35 million users who engage in mining and securing transactions on the network. The network uses the Stellar Consensus Protocol (SCP) which helps to validate transactions. In addition, Pi uses a transparent mode and medium of exchange to ensure that users can interact with one another seamlessly. 

Pi Current Market Status

As of this writing, the price of Pi was $40.07. This was 7.85% increase in the last 24 hours. However, unlike the price, the 24-hour trading volume of Pi did not increase. Instead, it fell by 55.66% to $104,644.

In terms of its market cap, Pi is not one of those cryptocurrencies with tens of billions of dollars in valuation. Instead, the market cap of the token was $2.72 billion. However, you should note that this market cap is self-reported. 

Meanwhile, Pi has a maximum supply of 100 billion tokens, of which 68 million are in circulation. If you intend to buy Pi, you can get it on platforms like HTX, BitMart, and SuperEx.

Pi Network (Pi) Price Analysis

While Pi has good potential to increase, the price might also decrease. Therefore, Coin Edition focuses on the price prediction of the cryptocurrency in this section.

Pi Network (Pi) Price Analysis – Bollinger Bands

The price of Pi might have increased but the Bollinger Bands (BB) suggested that lowering expectations about a breakout could be better. As of this writing, the BB expanded a little. However, it did not seem widened enough to trigger significant price fluctuations.

As such, volatility around Pi was mild. Besides that, the upper band of the BB tapped Pi’s price at $39.81, indicating that the cryptocurrency might be overbought. In the short term, this could lead to a price retracement.

Pi Network (Pi) Price Analysis – Relative Strength Index (RSI)

The 4-hour Pi/USDT chart obtained from TradingView showed the Relative Strength Index (RSI) reading has increased. Values of the RSI below 30 indicate that an asset is oversold. Those above 70 suggest that the asset is overbought.

However, Pi was not in any of these categories, meaning that there was a good level of buying momentum for it. If sustained, the next point of interest could be around $42.42.

Pi Network (Pi) Price Analysis – Moving Average Convergence Divergence

Signals from the Moving Average Convergence Divergence (MACD) indicated that Pi was leaning toward a bullish momentum. This was because the reading of the indicator was positive. However, the 12 EMA (blue) and 26 EMA (orange) were below the zero midpoint.

A rise into the green region might validate Pi’s rise past $42. But this would only be the case if the 12 EMA remains above the 26 EMA, which signified that buyers were in control. Anything other than that could invalidate the bullish thesis.

Pi Network (Pi) Price Prediction 2024

The daily chart showed that Pi’s price might increase over the coming months. First off, Coin Edition looked at the Money Flow Index (MFI), which tracks the movement of capital into an asset or otherwise.

As of this writing, that indicator reading increased, indicating a rise in the money flowing into Pi. If this continues for a large part of the year remainder, Pi’s price could tap a yearly high. From our analysis, we also considered the Fibonacci levels. An estimated price for Pi to hit in 2024. could be $96.04 where the 0.786 Fib was positioned.

Pi Network (Pi) Price Prediction – Resistance and Support Levels

There were three critical points found on the Pi/USDT 4-hour chart, one of which was a crucial support level, and the other two were resistance levels.

For the support, Coin Edition observed a bullish defense at $36.80. Here, bulls have created a force not to allow Pi’s price to drop below the level. On the upside, a resistance appeared at $38.95 which bulls seemed to have breached. 

A decline below this resistance might send Pi back to $36. However, a continued price increase could see Pi try to key into the overhead resistance at $44.26. If the cryptocurrency breaks past this point, the value could move as high as $48 in the short term.

Pi Network (Pi) Price Prediction 2025

Community is an important part of Pi Network, and this was one of the reasons the price of the coin was able to rise past $300. In 2025, it is expected that the Pi Network community might continue to grow. If this is the case, the value of Pi might hit $96.

Pi Network (Pi) Price Prediction 2026

Pi might continue its growth in 2026. This is because the social finance sector of the crypto market might experience a surge in traction. With this projection, the price of Pi could hit $115  in 2026.

Pi Network (Pi) Price Prediction 2027

The price of Pi might not experience the same increase as the previous predictions. This is because miners of the cryptocurrency might have made a lot of profits, and would probably book them. In this instance, the price of Pi might drop to $73.90 in 2027.

Pi Network (Pi) Price Prediction 2028

In 2028, the price of Pi might continue to decrease despite the fact that another Bitcoin (BTC) halving might take place by that time. From our projection, Pi’s price might fall to $60 in 2028.

Pi Network (Pi) Price Prediction 2029

Pi might recover from its lows in 2029. This could be the case because a lot of liquidity must have entered the crypto market, and projects with a good community might benefit from the surge. As such, Pi’s price might be $165 in 2029.

Pi Network (Pi) Price Prediction 2030

By 2030, the price of Pi might continue to increase. This time, the increase could be linked to the surge in trading volume and a plethora of listings on different exchanges. Therefore, the price of Pi could be $280 in 2030

Pi Network (Pi) Price Prediction 2040

Pi might experience an increase in adoption in 2040. By this period, the price of cryptocurrency is expected to surpass its all-time high. Thus, Pi’s price could hit $375 in 2040.

Pi Network (Pi) Price Prediction 2050

Many traders might expect the price of Pi to hit $1000 in 2050. But that might not occur. However, the price is bound to increase, and before the end of the year, it could trade at $692.

Conclusion

In conclusion, Pi Network could be tagged as an experiment in progress. As such, it might be in your best interest to research more about the project before buying it. However, this does not imply that Pi would not perform well. 

One thing you should look out for are announcements about the project and the social volume which could impact the price action.

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