The price of the PI jumped at the beginning after the launch of Mainnet on Thursday, then all these gains are wiped. PI, TAP-TO-EERN, was traded at $ 0.7290 on Friday morning, much less than Thursday’s height of $ 2. So, what is the next of the price of PI in the coming years?
The launch of the PI Mainnet network
PI, one of the most popular players in the encryption industry, launched Mainnet on Thursday.
The launch of the Mainnet occurred six years later when the network remained under development, and the pioneers took advantage of millions of symbols. He stayed in Mainnet closed for more than three years.
Therefore, the launch of Network Mainnet was noticeable because these pioneers allowed the real industrialization and believers to retain the distinctive symbol.
Mainnet was well launched as many prevailing exchanges decided to include on the first day. according to CoinmarketcapMost of the size of the PI network occurred on Gate.IO, followed by Bitget and OKX.
Popular American exchanges such as Coinbase, Gemini and Kaken have yet to. On the other hand, Binance was appointed to include PI next week after users voted overwhelmingly to allow them to be included in the network.
The PI network has become one of the largest encrypted currencies in this industry. The market cost is above $ 4.2 billion and a fully reduced evaluation of $ 66 billion. This will make FDV the sixth largest player in the sector.
Why the price of the PI coin was shattered
There are three main reasons behind the collapse of the PI currency after the launch of Mainnet on Thursday.
First, Pi Coin decreased because many of the pioneers decided to sell their property as soon as this was humanitarian. Historically, many holders of similar symbols tend to sell when Airdrop occurs. Recently, this happened between the famous symbols of TAP-To-Eern such as hamster kombat, Tapswap and Catizen.
The urgency for sale was more intense because many PI pioneers were disappointed by the project, especially due to the launch launch delays. This also explains why only about 10.1 million pioneers deported their symbols to Mainnet, a significant decrease from the 50 million pioneers at a top.
Second, the price of the PI was shattered because many of the pioneers have seen the failure of the famous new air drops. All the famous symbols were shattered to “earn” over the years. This includes the distinctive symbols of playing such as Axie Infinity (AXS), Decentralland (Mana) and Gala Games (Gala).
It also includes other icons that reach Eern such as hamster kombat, Tapswap, Catizen, Dogs and Notcoin. The distinctive symbols of the move to the Earn, such as the Ethnic Economy, have decreased.
Third, the price of the PI network decreased due to the continuous Crypto Bear market. The Crypto Fear and Greed index moved to the fear area with the collapse of most encrypted currency prices. Therefore, there are usually great possibilities that the encrypted currency will be disrupted if it is launched during the encrypted bear market.
PI 2025 to 2026
So, what after the price of the PI network in 2025 and 2030? There are two prominent schools in this matter. One of the camp argues that the PICOIN network is the following because of its popularity. It expects the PI price to be up to the current $ 0.6693 to more than $ 100,000 over time.
The other camp argues that the price of the PI network will be disrupted now after the incentive he achieved has ended.
I think Outlook Network Outlook between 2025 and 2030 is downly due to the previous performance of the “earning” other symbols. The PI team argues that the growth of the ecological system will help compensate for this. However, the risks are that the growth of the ecological system that solves a lot will not happen after all. This is in line with our last PI forecast.
Predit after the PI from 2025 to 2026: Is Pi Coin A Buy? First appeared on Invezz
