Pi Community (PI) is again within the crypto dialog this week. After a protracted bearish spell, the PI worth is buying and selling round $0.27 at present. It’s up 36% in simply the final week – making it one of many top-performing altcoins.
A string of current constructive information has put Pi Community again on merchants’ radars amid the newest sudden rally – and this new momentum is an enormous shift for a challenge that so many have had combined emotions about prior to now.
Naturally, this renewed power has led to some very optimistic forecasts. The truth is, our Pi Community worth prediction suggests the PI token may attain $0.60 this November.
That’s a daring goal – however what must occur to get there? On this article, we’ll dive into the explanations behind our forecast and likewise focus on why the brand new Bitcoin Hyper (HYPER) presale challenge could supply higher upside than PI.
What Is Pi Community and Why Is It within the Information?
Pi Community was launched in 2019 by two Stanford PhDs, aiming to make crypto accessible to everybody. As an alternative of needing energy-hungry computer systems, you may simply “mine” PI cash in your telephone. It makes use of a system primarily based on the Stellar Consensus Protocol.
The last word objective is to construct an enormous, decentralized neighborhood – now over 60 million customers – after which construct utility round it. That objective has been achieved, since Pi Community is in its “Open Mainnet” part, so PI cash that customers mine will be offered on the open market.
Current weeks have been busy. The group simply pushed a significant KYC replace that used AI to confirm over 3.3 million customers who have been beforehand in “tentative” standing. This replace allowed 2.6 million of them to lastly migrate their PI to the mainnet.
Plus, there’s buzz that Pi Community is reportedly working towards alignment with ISO 20022, a world funds normal utilized by banks. This information, which places Pi in the identical dialog as Ripple, has despatched the PI token worth hovering.
Pi Community Worth Prediction – Is $0.60 Potential Subsequent Month?
May Pi hit $0.60 in November? It could require a 130% climb from PI’s present worth – and whereas that’s nonetheless a good distance from its February all-time excessive ($2.98), PI’s technicals are beginning to look bullish.
As an example, the token just lately broke out from a descending channel that had been pushing the worth down since late September. Plus, the $0.60 degree is a key resistance space the place worth briefly spiked again in June earlier than retracing – suggesting a whole lot of provide is ready there.
Just a few catalysts may present gas for a rally. First, any information of a significant CEX itemizing – like Binance – could be huge. Second, the broader crypto market issues. If Bitcoin pushes to a brand new all-time excessive in November, a whole lot of liquidity may movement into altcoins. With Pi’s comparatively low market cap, it wouldn’t take a lot to maneuver the worth.
Lastly, control utility. If the continuing Pi Community hackathon produces a genuinely viral dApp or the group manages its upcoming PI token unlocks effectively, it may increase investor confidence, making a rally to $0.60 an actual chance.
Does Bitcoin Hyper Have Higher Prospects Than PI? HYPER Token Presale Passes $25M
Whereas Pi Community continues to construct its ecosystem, different altcoin initiatives are targeted on totally different areas of the crypto area. One which’s gaining huge traction proper now could be Bitcoin Hyper (HYPER), which is tackling an enormous difficulty: Bitcoin’s flexibility.
Bitcoin Hyper is a Layer-2 resolution designed to present Bitcoin an improve. Everybody is aware of Bitcoin is safe, nevertheless it’s additionally sluggish and may’t deal with good contracts. Bitcoin Hyper bolts on a high-speed “engine,” utilizing the Solana Digital Machine (SVM) to course of transactions in parallel.
This setup permits merchants to lock their BTC and bridge it onto the Bitcoin Hyper Layer-2. In flip, that opens the door for actual DeFi apps, yield farming, meme coin buying and selling, and tokenized RWAs backed by the Bitcoin blockchain.
What makes this challenge so attention-grabbing is that HYPER continues to be in presale. The presale has raised $25.1 million up to now, with tokens out there at a hard and fast worth of $0.013185 forward of the primary alternate itemizing.
For these uncertain about Pi Community’s prospects, Bitcoin Hyper presents a special alternative. And with a low entry worth, a transparent roadmap for the long run, and presale staking APYs of as much as 47%, many merchants are watching HYPER for a doubtlessly explosive breakout after it launches.
Nikolay is a cryptocurrency analyst and market author with years of expertise monitoring digital asset traits and rising blockchain applied sciences. A protracted-time crypto fanatic, he actively trades throughout main exchanges and focuses on figuring out early-stage initiatives and meme tokens. His evaluation combines technical perception with a strategic, long-term funding perspective.
