How high the price of the PI network if Bitcoin gets the evaluation of $ 200T, as Michael Sailor suggested?
The price of the PI network in a declining direction remains clear after the initial menu gains on small exchanges. The struggle to secure the top exchange list has decreased the price of the PI by 80 % in 69 days. Despite the collapse, The Future Outlook is witnessing a spark as Michael Sailor notes a bright goal for the 200 trillion bitcoin market.
This bullish view indicates a strong possibility of a Phoenix -like height for projects like PI. So, how high PI battle price has increased if Bitcoin has a value of $ 200 trillion?
The repercussions of the PI network price if the maximum Bitcoin market strikes the Silor goal of $ 200
Michael Silor, CEO of Microstrategy, wonders about the possibility of bitcoin in the market ceiling of $ 200 trillion by 2045. This will put bitcoin as a global settlement layer after an increase of 100x from the maximum current market of $ 2 trillion.
Based on PISCAN, the maximum current market of the PI network is 4.09 billion dollarsSecure a spot at the top of 30 encrypted currencies. If the PI network is witnessing a similar growth of 100 times, then the upholial state targets a $ 409 One billion assessments. This will pump the current price of the PI coin from 0.581 dollars to $ 58.10.
If the PI maintains the current market value of $ 4.09 billion, the 100 -twice an increase in the maximum Bitcoin market can relatively increase the maximum PI to $ 409 billion. With the circulating supply remaining fixed, this will be translated into a PI price of about $ 58.10.
Predific Predicting Prices of PI prices are more optimistic if he can restore his highest level ever 13.4 billion dollars evaluation. In such a case, the PI network will arrive 1.34 trillion dollars Evaluation and 190 dollars Market price. This exceeds the current ETHEREUM evaluation and $ 600 million from the maximum bitcoin market.
This huge rise in Bitcoin will affect the entire cryptocurrency market, as it is historically, the BTC prices are related to the altcoin market height. Thus, in such a scenario, Top altcoins has seen Coin PI a similar step.
Other factors may affect the price of the PI currency in the short term
The main obstacle of the Pi Restore direction remains a first -class exchange list, such as Binance. Facing rejection operations due to the minimum benefit, network upgrades and increased liquidity cans to the main insertion gains.
Recently, banxa, payment platform, guaranteed KYB approval for PI networkBring exposure to the coin of coin to its world users. This will strengthen liquidity and achieve benefit in the real world, which increases the chances of its inclusion.
Elsewhere, Pi Network provides a real solution in the real world of Cube Motors, a well -known car agent in Florida. In partnership with PI Coin, the agency will now accept PI currencies as a project for vehicles.
Pi Network expanded to real estate earlier this year. Zito Realty LLC, a real estate company based in Florida, accepts Pi Coin as a form of payment for real estate transactions.
conclusion
In conclusion, if the promising target of Saylor is to evaluate $ 200 trillion in reality, the altcoins like the PI network will excel. The estimated assessments of $ 409 billion to $ 1.34 trillion can witness an increase in price between $ 0.58 and $ 190.
Related questions (common questions)
As of now, PI has a market network of about $ 4.09 billion, at a trading price near $ 0.581.
If Bitcoin reaches $ 200 tons and a PI network proportional, the PI price may rise to $ 58.10 – or up to $ 190 in optimistic scenario.
The main factors include the Binance menu, the benefit of the real world’s interest, the Fiat slopes such as banxa, and the high adoption in the auto and real estate sectors.
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