Kalsoom Queen
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Pi Coin’s price trajectory is heavily influenced by its market capitalization and circulating supply, which currently stands at approximately 6.3 billion tokens, as per data shared on the OKX exchange. Based on simple calculations, if Pi Coin reaches a market cap of $6 billion, its price would be around $1. If the market cap drops to $3 billion, the price would adjust to approximately $0.50, and at a $1 billion market cap, the price would settle near $0.16.
However, market dynamics suggest that Pi Coin is experiencing overwhelming selling pressure with minimal buying interest. This imbalance could lead to a significant price decline once full-fledged trading begins. Given this trend, the coin may struggle to maintain higher valuations and could see rapid depreciation.
From a technical perspective, the absence of strong demand may push Pi Coin’s value to considerably lower levels. A potential support zone could emerge between $0.05 and $0.15, where some stability might be found. However, unless substantial buying momentum develops, a prolonged downtrend remains a strong possibility.
However, market dynamics suggest that Pi Coin is experiencing overwhelming selling pressure with minimal buying interest. This imbalance could lead to a significant price decline once full-fledged trading begins. Given this trend, the coin may struggle to maintain higher valuations and could see rapid depreciation.
From a technical perspective, the absence of strong demand may push Pi Coin’s value to considerably lower levels. A potential support zone could emerge between $0.05 and $0.15, where some stability might be found. However, unless substantial buying momentum develops, a prolonged downtrend remains a strong possibility.
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
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