Pi Network’s official launch is imminent, and its price has been on a rollercoaster ride as speculators await the release. The project’s mobile mining model has generated massive hype, attracting millions of users eager to earn PI tokens without expensive hardware.
PI’s IOU price has shown stability between $61 and $70, providing an early indicator of where it may settle in the open market. Unlike traditional proof-of-work networks that require costly hardware, Pi allows users to mine its native token with a lightweight mobile app.
The project’s promise of free and easy mining has captured the attention of a global audience, driving interest and speculation about its potential launch valuation. The IOU price surged 62% on February 11, fueling debates within the crypto community about what price Pi will debut at once the network is fully operational.
However, past airdrop trends suggest that early investors may take profits, leading to volatility. Analysts believe that Pi’s launch price might fall within the $61-$70 range, where it has shown stability. If hype continues to drive demand, it could push higher, but post-launch supply and trading volume will be crucial in determining its performance.
The global crypto community is eagerly awaiting Pi Network’s official launch on February 20. With millions of users already participating, traders and early adopters are closely watching how the market will react post-launch.
Source: https://beincrypto.com/what-will-be-pi-network-launch-price