Pi coin initial issuance price prediction:
Total supply is 100 billion, and the circulating supply at issuance is expected to be about 7 billion. I think it will be difficult for Pi to reach $3, and based on current market conditions, the initial listing price of Pi coin is expected to be between $0.1 and $0.3.
Key considerations:
1. Supply dynamics: Although only 7 billion coins are in circulation initially, the total supply (10 billion) raises concerns about long-term inflation, limiting speculative upside.
2. Selling pressure: Many early adopters may rush to liquidate their holdings, adding downward pressure. Historically, new tokens usually experience sharp declines after listing due to profit-taking.
3. Market conditions: The overall crypto market remains cautious and prefers stable rather than speculative assets. This reduces the immediate demand for Pi.
4. Valuation realism: A price range of $0.30 to $0.50 would give Pi a market cap of $2.1 billion to $3.5 billion, in line with other early tokens and taking into account potential supply dilution.
While Pi's strong community may bring short-term volatility, continued price stability will depend on real-world adoption and utility. As always, please carefully evaluate the risks before investing.