NAIROBI (CoinChapter.com) — Donald Trump’s comments about Platform X’s Pi network created a buzz in the cryptocurrency world. By tagging ‘Pi Network News’ just before the US election results, Trump’s shout-out sparked renewed interest in the platform’s potential. Trump’s victory could increase interest in Pi Network, which already has a strong user base. His message appears aimed at engaging cryptocurrency supporters who see digital assets as a key part of their economic future.
Trump’s stance in favor of cryptocurrencies contrasts with Kamala Harris’s support for stricter regulation of digital assets. The outcome of this election could lead cryptocurrencies, including the Pi Network, down two very different paths.
Pi Network’s Mainnet Launch: Will US Elections Drive Prices Up?
With the Pi Coin mainnet launch scheduled for 2024, focus remains on the market impact and trajectory of the Pi Coin mainnet launch, especially as the regulatory outcome of the US election could impact its path. The Trump administration could potentially ease restrictions and bring a supportive regulatory environment in line with his pro-cryptocurrency stance. Conversely, a Harris-led administration could introduce stricter oversight, presenting challenges that could slow Pi’s growth.
CoinCodex expects the Pi Network’s post-launch price to initially range between $16.80 and $25.20, with some forecasts suggesting it could rise to $220 by 2025 if market conditions support continued growth.
In November, the price of Pi Network reached $102.26, trading within a range of $51.38 to $176.14. By December, the value of Pi is expected to rise further, potentially trading between $160.26 and $245.22, a 301.01% increase from its current price.
The price of Pi Network in 2025 is expected to range from $88.02 to $208.66, with an average of about $135.14. February may see the highest increase. If market interest continues, the price could rise 302.69% higher than current levels.
Some forecasts are even more optimistic. Cryptoleakvn hit a high of $314.159, a figure widely discussed within the Pi community. These ambitious forecasts highlight excitement among Pi’s 45 million users, which could fuel initial demand and volatility, especially when trading begins in January 2025.
Currently, Pi’s IOU token value is approximately $52.60. This reflects community excitement ahead of the official launch, but this excitement may be tempered by regulatory issues.
With Trump’s unexpected support and the Pi Network’s mainnet launching soon, the coming months will reveal whether Pi can maintain its momentum.