Disclaimer: The following is paid partner content. DL News and DL Research have not conducted independent analysis into the content of this article.
The popular new crypto asset, Pi Network (PI), is mounting a remarkable comeback after its post-launch price crash.
After dropping to $0.59 on Thursday, the PI price has bounced back by 140% and is trading at $1.56 on Sunday.
Pi Network price predictions from experts suggest that the new cryptocurrency could hit $2.50 in the short to mid-term and $10 in the long term. However, its technicals suggest that the bullish momentum may be running out of steam.
Pi Network Price Surges On Binance, Coinbase Listing Rumours
For the uninitiated, Pi Network is a social cryptocurrency and developer platform, launched by Stanford PhD graduates Nicolas Kokkalis and Chengdiao Fan.
Its standout feature is its beginner-friendly mining process. Unlike Bitcoin and Ethereum, which require expensive rigs and large mining farms, Pi Network enables users to mine $PI directly through a simple mobile app.
The network’s negative exponential declining token issuance model means the mining rates will decrease with time as the network growth and participation skyrocket, making early miners’ holdings even more valuable.
The Pi Network price crashed following its launch, partly due to profit-taking from early “Pioneers” and partly due to allegations of the project being a scam from prominent crypto thought leaders, including Bybit CEO Ben Zhou.
However, its 170% bounce-back suggests that the project has tremendous community support.
$PI is already live on several top-tier CEXs, including MEXC, Bitget and OKX. There is now significant speculation that the Pi Network will list on Binance next, with a Coinbase listing to follow soon.
The same people who called it a scam ended up buying the dip! 😂😂😂😂😂
— VEGA (@Vegabro0) February 23, 2025
Soon on Binance ✅$Pi —> $10
i’ll quote this tweet soon ! pic.twitter.com/NArcdigL5J
Binance and Coinbase listings could push $PI to new all-time highs. However, sidelined investors should still be cautious in the interim.
Pi Network Price Prediction - How High Can $PI Go?
Prominent analysts believe that $PI is poised to hit $2.50 in the short to mid-term, which would be a new all-time high for the asset.
However, its hourly Relative Strength Index (RSI-14) is now in the overbought territory, at 78.
In a new cryptocurrency, this could indicate an imminent correction, considering holders are eager to take profits.
Holders should also be aware of the $1.72 resistance level. The failure to flip it would result in a double-top, which would likely lead to a pullback.
Nevertheless, Pi Network price predictions from analysts suggest that $PI is an attractive long-term investment, with the potential to reach $10 in the long term.
Smart Money Investors Eye 100x Returns With BTC Bull Token
BTC Bull Token is another new cryptocurrency that has caught the interest of smart money investors.
The BTCBULL ICO has raised nearly $3 million in short order, signaling strong demand for the meme coin.
BTC Bull is a unique project, being one of the rare Bitcoin-themed meme coins. In fact, it has combined the excitement of meme coins with the long-term viability of BTC.
The project is built on the core principle that the Bitcoin price is undervalued at under $100k. It expects that BTC will hit $250k in the mid-term and $1 million in the long term.
As a result, BTCBULL holders will receive free Bitcoin as airdrops when the BTC price hits certain set milestones. At other milestones, they will also benefit from token burn events and BTCBULL airdrops as well.
If this isn’t enough, the meme coin’s staking platform is also offering passive income to early presale buyers.
With a plethora of attractive rewards in store, including free Bitcoin, it is no surprise that smart-money investors are bullish on BTC Bull’s upside potential. Many are even calling it the next 100x crypto.