My first price prediction for the coin is #pi
First and foremost, don't rush to sell in the early moments.
- The price of the first PI Coin will be on February (20).
With a total volume of 100 billion and an estimated initial volume of around 7 billion, the expected initial listing price of the Pi coin is expected to fluctuate between $ 0.30 and $ 0.50, depending on current market conditions.
Important questions:
1. Supply size: Although there were initially 7 billion coins in circulation, the large total supply size (100 billion) raises concerns about long-term inflation, limiting upward movement.
2. Selling pressure: Many early users may rush to liquidate their assets, increasing downward pressure. Historically, this has happened in many cases where new tokens experience a sharp drop after their listing due to profit-taking.
3. Market conditions: The cryptocurrency market remains self-sustaining, favoring the stability of investment assets. This reduces the immediate demand for PI.
- As I mentioned, the opening price is from $0.3 to $1.
But the total volume divided by the supply could rise to $16.56 and from there strong buying begins.
After this, it becomes:
First target: $135
Second target: $144
Up to $156
Expectations are not for a day or a night.