How Much Will 3,000 Pi Coins Be Worth if Bitcoin Crashes to $70K?

BTC’s price has been here and there lately. At writing, it sits at $84,000, which is lower than the $90,000 it was a week ago. While some analysts predict it will continue to rise, others believe it could decrease even further.

Pi Coin’s price is also having a rough time. It’s fallen about 22% in just one day, now sitting at $1.40. That’s way down from its peak of $2.98 on February 26. Even with the price drop, more people are trading it – volume is up almost 130%.

However, if you have 3,000 Pi Coins, they’re worth about $4,200 right now. But if Bitcoin crashes to $70,000, Pi could change a lot in value. What happens next depends on how investors feel, how much trading happens, and what new developments come from the Pi project. Here’s what ChatGPT’s predictions suggest based on different scenarios.

Pessimistic Scenario For Pi Coin Price

If Bitcoin keeps dropping, people might panic and sell off their crypto, and Pi Coin price could fall to somewhere between $0.70 and $1.00. Since Pi isn’t listed on major exchanges, it’s more easily affected by market changes.

If Bitcoin stays down for a while, more people might sell their Pi, especially when there aren’t many buyers around. If this happens, 3,000 Pi Coins would be worth between $2,100 and $3,000.

Realistic Scenario For Pi Coin 

If Pi Coin maintains strong community support and Bitcoin stabilizes around $70K, the token could trade between $1.10 and $1.40. Despite the drop, 91% positive sentiment on CoinMarketCap suggests that many investors remain confident.

With Pi Day (March 14) approaching, upcoming ecosystem developments could help Pi Coin hold its ground. If Bitcoin stays calm and doesn’t decline further, Pi Coin should find backing in these levels. On these levels, 3,000 Pi Coins would be between $3,300 and $4,200.

Source: ChatGPT

Optimistic Scenario For Pi Coin Price

A strong market recovery, along with positive developments, could push Pi Coin’s price back up to $1.80-$2.20. If Binance or Coinbase hints at listing it, demand for Pi Coin could jump quickly.

A successful Pi Network ecosystem launch, combined with renewed investor confidence, could send the price higher. If Bitcoin’s dip is short-lived and it rebounds, Pi Coin could benefit from increased market optimism. Under this scenario, 3,000 Pi Coins would be worth $5,400 to $6,600.

Read Also: We Asked AI to Predict How Kaspa (KAS) Price Will Perform In April

Follow us on X (Twitter), CoinMarketCap and Binance Square for more daily crypto updates.
Get all our future calls by joining our FREE Telegram group.

We recommend eToro

Don’t invest unless you’re prepared to lose all the money you invest. This is a high-risk investment and you should not expect to be protected if something goes wrong. Take 2 mins to learn more
Active user community and social features like news feeds, chats for specific coins available for trading.
Wide range of assets: cryptocurrencies alongside other investment products such as stocks and ETFs.
Copy trading: allows users to copy the trades of leading traders, for free.
User-friendly: eToro’s web-based platform and mobile app are user-friendly and easy to navigate.
intelligent crypto
How are  regular people making returns of as much as 70% in a year with no risk?  By properly setting up a FREE Pionex grid bot - click the button to learn more.
Crypto arbitrage still works like a charm, if you do it right! Check out Alphador, leading crypto arbitrage bot to learn the best way of doing it.

Tags:

Boluwatife Afe
Boluwatife Afe

Boluwatife is a dedicated content strategist specializing in the crypto industry and is passionate about blockchain technology and digital currencies. With a keen eye for emerging trends and a talent for making complex topics accessible, Boluwatife aims to educate and inspire the crypto community through engaging and insightful content.

CaptainAltcoin
Logo