How High Can Pi Coin Price Go in the Next Five Years?

Pi Coin price has witnessed a robust rebound today, as the broader crypto market appears to have erased some of its recent losses.

Besides, it seems that the market participants have shrugged off concerns over the geopolitical tensions while putting their bets again after the recent pullback.

Notably, this fresh optimism has sparked renewed interest in Pi Network, as speculations over its long-term potential grow.

Amid this, a well-known community analyst has shared insights on Pi’s price over the next five years and what could drive the value.

Can Pi Coin Price Hit $10 in the Next Five Years?

The recent recovery in Pi Coin price has sparked speculations on the potential future movements of the token.

According to well-known community expert Dr Altcoin, Pi Network might take at least five years to strengthen its utility prospects.

Dr Altcoin noted that Pi Network must establish a real-world utility to have a long-term bullish journey. He said that if it fails to witness commercial use cases or commercial adoption, Pi Coin value might remain in the consolidation phase.

Besides, if the ongoing volatility continues, the users might avoid using the token for daily transactions, limiting its global adoption.

Meanwhile, he also highlighted that around “95% of Pioneers” now hold only 1,000 or fewer Pi Coins, much of which also remains locked or pending migration.

Having said that, he predicted that Pi Network price must rise to around $10 to become practical in its ecosystem.

In other words, he emphasized that utility, stability, and user migration are essential pillars that could decide whether Pi Network will succeed or fail.

Key Factors that Could Drive the Long-Term Growth

One of the major catalysts for Pi Coin growth could be its ecosystem expansion. If developers build dApps, payment gateways, or e-commerce integrations, it could unlock real-world utility. Such innovations might drive organic demand and boost Pi’s market credibility.

Simultaneously, user migration and wallet activity will play a major role. As more users move their Pi from testnet to mainnet, overall liquidity and utility could rise. This, in turn, may drive broader adoption.

Meanwhile, the listing on major exchanges like Binance or Coinbase could also drive the Pi Network price higher in the coming days. Usually, backing from these leading exchanges often leads to a price rally for the supported assets.

Pi Network Price: Here’s All

Pi Coin value was up around 6% today and exchanged hands at $0.5834. However, its trading volume slipped 55% to $97 million, highlighting a pause in the recent massive selling activities by the traders.

Notably, the crypto has hovered between $0.59 and $0.5495 in the last 24 hours. Despite the current gains, the Pi Coin price has lost around 7% in the weekly chart, while losing around 34% over the last 30 days.

However, the Pi Coin’s technical indicators indicate a potential breakout ahead for the crypto. For context, the crypto’s RSI stayed near 35, which suggests that the crypto is in an oversold condition.

Usually, this condition often attracts more traders to enter the market at a lower price. Having said that, it appears that Pi Network price is likely to continue its move towards the north if the broader market bullish condition sustains.

The post How High Can Pi Coin Price Go in the Next Five Years? appeared first on The Coin Republic.