Pi Network is unlikely to hit $100 in the near future, for several reasons:
1. It is not fully released yet.
Pi Network is still in the closed Mainnet phase, and the coin has not been officially traded on major platforms like Binance or Coinbase.
2. Large supply of currency
It is estimated that there are billions of Pi coins distributed to users, and if trading opens, a price rise to $100 could make the market cap very large, making it difficult to achieve.
3. Demand vs. Supply
Even if Pi is listed on exchanges, the value of any coin depends on supply and demand. If many users sell Pi immediately after trading opens, it can lead to significant selling pressure and a price drop.
4. Comparison to other currencies
Even strong coins like BNB, Solana, and XRP did not easily reach $100, despite having strong projects and advanced decentralized networks.
5. Lack of clear currency economy
So far, Pi Network has not presented a clear economic model that justifies the coin reaching high prices, such as strong use cases or massive strategic partnerships.
When can it reach high prices?
If the network is fully launched.
If you get listed on major trading platforms.
If used in real payment and commerce.
Conclusion:
The price at launch will likely be low (between $0.1 and $10, for example), but reaching $100 will require developments.
#MarketRebound #CZ'sTokenModelIdea #USCryptoReserve