When will Pi Coin reach 10 dollars? Expert analysis

The price of Pi Coin continues to struggle to break down the resistance level of $0.5 amidst the unpredictable fluctuations of the crypto market in general. Pi Network has fallen more than 3% in the last 24 hours, reflecting the cautious sentiment of investors towards this asset.

However, despite the sluggish trading momentum, a leading expert has sparked discussions about Pi Coin with his latest bold forecast. This expert revealed a potential timeline for the price of Pi to reach $10, while also providing reasons that could support the price increase in the near future.

Although the forecast of Pi reaching 10 dollars seems a bit ambitious, experts remain optimistic about this target. According to him, the recent launch of the Pi APP Studio platform could be a game changer for the entire Pi Network ecosystem.

Pi coin fall below 0.5 dollars: Will it continue to plummet?

Pi fell more than 3% today, dropping below the $0.45 mark. The price decreased from a 24-hour high of $0.47, causing investors to worry about the risk of further declines in the coming days.

In the past 7 days, the price of Pi has fallen by more than 14%, extending the decline over the month to about 30%.

At the same time, the open contract index (OI) of Pi Network continues to fall, reflecting the increasing risk-averse sentiment of investors.

Meanwhile, technical indicators also show strong selling pressure in the market. Specifically, the Relative Strength Index (RSI) of Pi is currently recorded at 32, indicating that this cryptocurrency is approaching the oversold territory.

However, an oversold condition can also pave the way for a strong recovery of this asset. Typically, such conditions often signal a significant price increase is about to occur, as it opens up opportunities for investors to enter the market at a lower price.

However, some investors still assess the possibility that Pi may continue to fall deeply in the near future. Although discussions about Pi potentially establishing a new bottom below the $0.4 mark are increasing, analyst Dr. Altcoin has recently dismissed this concern.

Experts reveal the timeline for Pi to potentially reach a price of 10 dollars

Despite the recent fall in the price of Pi Coin, analyst Dr. Altcoin remains optimistic about the future trend of this asset. Notably, he recently predicted that this cryptocurrency could reach a price of 10 dollars, while also revealing a potential timeline, which has sparked lively discussions among traders.

According to Dr. Altcoin, the $10 milestone will mark the beginning of Pi Network's journey as a global peer-to-peer digital currency.

Notably, the analyst's optimistic outlook is primarily based on the launch of the AI App Studio by Pi Network, which he believes has significant growth potential in the future.

Pi APP Studio – The focal point of attention

Currently in the initial beta testing phase, Pi AI App Studio is functioning as an AI chatbot. However, Dr. Altcoin expects this platform to evolve into an ecosystem where users can build fully functional decentralized applications (DApp) without prior programming experience.

Meanwhile, when a user asked how long it would take for the price of Pi Coin to reach 10 dollars, Dr. Altcoin stated that it would take about 1–2 years. However, according to him, this timeframe is for the AI App Studio to develop to a level of perfection. This also indicates that the price could reach 10 dollars within the same timeframe.

However, the analyst's forecast is based on the assumption that the development of AI App Studio will drive widespread adoption and increase demand for Pi Coin.

In addition, his interest in the future of the platform is also reflected in the plan to purchase .pi domain names for his projects, when App Studio is completed and DApp starts to need to use this domain.

However, investors should be cautious due to the continuous volatility of the crypto market in general. Although the optimistic outlook from experts has sparked hope, the future growth momentum of Pi Coin will also depend on the trends of the entire market.

Dinh Dinh