So, let me get this straight: Pi Coin went from a $20 billion market cap to a measly $2.7 billion after its February mainnet launch, and now we’re talking about it possibly hitting $1 in September? 🤔 I mean, if you’ve ever seen a stock chart that looks like a roller coaster ride gone wrong, this is it. But hey, maybe it’s time to dust off those old crypto dreams and hope for a miracle. 🌟
- Pi Network price might shoot up to $1 in September, thanks to some pretty exciting catalysts. 🚀
- It’s showing some serious chart patterns that make it look like it’s trying to break out of a really bad mood. 😤
- An important network upgrade and maybe even some exchange listings could be the cherry on top. 🍒
Pi Coin (PI) is teetering on the edge of a big move, sitting at $0.366 on Saturday, Aug. 30, just a hair above its recent low of $0.3167. It’s like watching a teeter-totter at a playground-any moment now, something’s gonna give. Its market value has taken a nosedive from almost $20 billion post-launch to $2.7 billion. Ouch! 😖
But here’s the kicker: Pi Coin might just hit $1 in September, and we have a few reasons to believe it. First up, Pi Network is getting a major upgrade as part of Stellar’s Protocol 23. Imagine upgrading your smartphone from a flip phone to a Galaxy S23 Ultra. That’s what we’re talking about here. This upgrade will bring Pi from version 19 to 23, adding a bunch of new features. 🎉
One of the coolest things? The upgrade will allow for a more community-driven KYC process. It’s like giving the people the keys to the castle. Plus, it’ll make it easier for developers to create and launch apps on the Pi Network. Think of it as opening up a whole new world of possibilities. 🌈
And then there’s the institutional interest. Valour, a company with over $1 billion in assets, has already launched a PI ETP in Sweden. It’s like when a celebrity endorses a product-it suddenly becomes way more legit. 🌟 This institutional adoption could also lead to listings on major exchanges like Coinbase and Binance. If that happens, we might see a parabolic move, much like what happened with other tokens like Story and Ethena. 🚀
Oh, and let’s not forget the macro factors. The Federal Reserve might cut interest rates, which historically leads to gains in riskier assets like cryptocurrencies and stocks. It’s like when the Fed gives the economy a little sugar rush. 🍬
Pi Coin price has strong technicals
Another big reason to keep an eye on Pi Network is its technical chart. It’s showing a double-bottom pattern at $0.3167, which is a classic bullish reversal sign. It’s like the coin is saying, “I’ve hit rock bottom, and now it’s time to rise!” 🌱
Pi Network has also formed a falling wedge pattern, which is often followed by a breakout. If it breaks through the psychological level of $1, we could see a move that’s over 180% above the current price. That’s like winning the lottery and finding out you’ve won the Powerball too! 💰
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2025-08-30 18:05