🔥🔥🔥PI Launch Price Prediction: An Analytical Perspective Ahead of its official launch.💯💯🪙🪙
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many are wondering about the Pi's price once it can be widely traded. Looking at previous big airdrop trends and new blockchain launches, the prospects are not necessarily as bright as one might imagine. If airdrops can be used as a reference for the upcoming Pi Network launch, several phenomenal airdrops such as PENGU, BERA, and BLAST experienced sharp price corrections post-launch. However, an exception occurs with Hyperliquid which has managed to maintain high prices. The Pi IOU price gives an idea of how the market is valuing this token before its official launch. Even though it soared to almost US$100, it was more of an anomaly than a sustainable trend.
In general, the price of Pi moves dynamically in the range of US$59-US$76, with increasing accumulation volume in the range of US$57-US$60. This suggests that this range has the most solid demand, giving an indication of where Pi's price could stabilize when it begins trading publicly. Based on analysis of this data, the Pi's launch price is projected to be in the US$61–US$70 range, where the greatest stability is seen
If market euphoria continues, prices could creep higher. However, lessons from previous airdrops show that early investors tend to realize profits, resulting in price volatility. Moreover, PI has also raised legal alarms from experts. In fact, nothing is impossible in the crypto world, it's just that what is possible may not necessarily happen, other possibilities can happen, remember to be wise in managing your assets 🤔 every action you take is your own responsibility. Keep smiling 😊😉 Best wishes to traders.