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Reading: Trump’s Influence Could Skyrocket PI Coin to New Heights
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COINTURK NEWS > Altcoin News > Trump’s Influence Could Skyrocket PI Coin to New Heights
Altcoin News

Trump’s Influence Could Skyrocket PI Coin to New Heights

In Brief

  • Trump's potential support could significantly impact PI Coin's price trajectory.

  • The altcoin has unique features that may attract institutional investment.

  • Predictions for PI Coin suggest prices could reach substantial levels by 2035.

İlayda Peker
İlayda Peker 3 months ago
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The potential for the United States to establish a Bitcoin (BTC) $108,748 reserve gained momentum with Donald Trump’s return to the political arena. However, a recent speculation could completely alter this scenario. The claim suggests that if Trump includes Pi Network’s PI Coin in the national cryptocurrency reserve instead of Bitcoin, this decision could rapidly elevate the altcoin‘s price to a thousand dollars or more.

Contents
PI Coin’s Initial Target Could Be One Thousand DollarsPrice Expectations for the Medium and Long Term Could Be AstoundingKey Levels for PI Coin in the Short Term

PI Coin’s Initial Target Could Be One Thousand Dollars

PI Coin has been consolidating at 48 dollars following a recent surge. However, with potential support from the U.S., this altcoin may enter a robust upward trend. The mining structure through mobile devices and extensive community support uniquely positions PI Coin in the market.

With Trump’s backing, institutional investors are expected to take notice and significant capital flows could head towards PI Coin. This situation could mimic the early growth phase of Bitcoin, with prices potentially reaching 100-200 dollars within the first few months. In a more aggressive scenario, prices may rise to 500 dollars by 2026.

US Bitcoin Reserve Plan and Pi Network Pi Coin

With a wave of institutional FOMO, PI Coin could list on more major exchanges and become a widely accepted payment method. This would increase liquidity, driving the price significantly higher.

Price Expectations for the Medium and Long Term Could Be Astounding

According to speculations, if PI Coin maintains government support and integrates into the global financial system between 2027-2029, its price could soar within the 500-1000 dollar range. During this period, a substantial increase in institutional investments is expected, allowing PI Coin to rise as a competitor to Bitcoin.

If regulatory clarity is established and infrastructure development accelerates, PI Coin could reach 2000 dollars. Should the scenario of global payment system integration and widespread adoption occur, by 2030-2035, PI Coin’s price may reach between 5000 and 10,000 dollars.

To reach these heights, ongoing government support, global acceptance, and extensive liquidity are crucial. During this phase, PI Coin’s market capitalization could reach trillions, establishing it as a significant altcoin alongside Bitcoin and Ethereum $2,551.

Key Levels for PI Coin in the Short Term

In the last six days, PI Coin has risen by 26 percent and is currently consolidating around 48 dollars. Technical indicators suggest a continuation of upward movement for the altcoin. The Relative Strength Index (RSI) stands at 56.82, indicating it has not yet entered the overbought territory.

If buying pressure continues, the price could surpass the 50 dollar resistance. In this case, an increase towards the 60-65 dollar range is anticipated; however, increasing trading volume is critical for breaking through this resistance level.

You can follow our news on Telegram, Facebook, Twitter & Coinmarketcap
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.

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İlayda Peker 11 February, 2025 - 2:35 pm 11 February, 2025 - 2:35 pm
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