Pi Network (PI) Price Prediction: Will Pi coin迎來 three key catalysts and soon land on mainstream CEX exchange?

Pi Network (PI) has failed to maintain its pump, currently reporting at 0.4673 USD in the European early trading session today (23). Analysts state that the short-term technical signals for Pi Network are good, the community is vibrant, and speculation about its upcoming listing on mainstream exchanges is growing stronger, providing important support for the Pi coin.

Pi Price Analysis: Heading Towards Explosive Trends?

Technical data indicates that the price of PI coin is about to surge significantly. In recent weeks, the gap between the Bollinger Bands has noticeably narrowed, indicating that volatility is decreasing. This configuration typically signals a bullish breakout, similar to the nearly 200% increase of PI coin in May last year.

In addition, Pi Network formed a double bottom at $0.40, with resistance at $1.66. This pattern, combined with a descending wedge, suggests a rebound to $1. Only a drop below the low point of the double bottom would invalidate this positive scenario.

(Source: Trading View)

Active communities drive the adoption of Pi Network

Another potential catalyst is the continuous expansion of the Pi ecosystem. Developers recently announced that they have created over 7,600 chatbot applications and 14,100 custom applications, which were developed by more than 34,800 pioneers.

This momentum is mainly attributed to the launch of Pi AI Studio, which allows users to design AI tools without programming skills. At the same time, catalog staking has attracted more users, with over 16,700 people currently staking more than 37.7 million Pi coins.

Coming soon to mainstream exchanges?

Finally, Pi is expected to land on mainstream exchanges, which could also be another potential catalyst. Currently, Pi coins are only listed on a few platforms, and if they can be listed on mainstream CEX exchanges, the price of Pi may further pump.

Although no exchange has confirmed the listing yet, historical experience shows that most cryptocurrencies achieve double-digit or triple-digit pumps after landing on mainstream platforms. For example, Arkham, Orca, and Ethena rose by 55%, 200%, and 25% respectively after their listings.

In summary, technical factors, the development of the Pi Network ecosystem, and rumors of upcoming exchanges all indicate that the price of Pi coin is about to pump. Therefore, savvy investors should closely monitor future developments.