Leading Price Forecasts for Pi Network (PI) This Week

Analysts are forecasting a short-term surge in the price of Pi Network’s native token (PI), predicting a rise to around $2. Despite recent price volatility, with an all-time high of almost $3 and a low of $0.68, experts such as Crypto King and MOON JEFF see potential for significant growth.

However, upcoming token unlocks may put downward pressure on the price. Currently, less than 6.8 billion of the 100 billion maximum supply of tokens are in circulation. Over 121 million PI tokens are set to be unlocked in the next 30 days, leading some to suggest a possible price correction.

The balance between locked and unlocked mining rewards could also impact the market.