It is unlikely that Pi Network will reach $100 in the near future for several reasons:
1. It has not been fully launched yet.
Pi Network is still in the closed Mainnet phase, and the currency has not been officially traded on major platforms like Binance or Coinbase.
2. Large supply of the currency
It is estimated that there are billions of Pi coins distributed among users, and if trading opens, a rise to $100 could make the market cap very large, making it difficult to achieve.
3. Demand versus supply
Even if Pi is listed on trading platforms, the value of any currency depends on supply and demand. If many users sell Pi as soon as trading opens, it could lead to significant selling pressure and a price drop.
4. Compared to other currencies
Even strong currencies like BNB, Solana, and XRP did not easily reach $100, even though they have strong projects and advanced decentralized networks.
5. Lack of a clear economy for the currency
So far, Pi Network has not provided a clear economic model justifying the currency reaching high prices, such as strong use cases or huge strategic partnerships.
When could it reach high prices?
If the network is fully launched.
If it gets listed on major trading platforms.
If it is used in real payment and trade operations.
In summary:
The price at launch is likely to be low (between $0.1 and $10, for example), but reaching $100 requires developments.
#MarketRebound #CZ'sTokenModelIdea #USCryptoReserve
