Pi Coin price could surge 200x in five years as Pi Network taps into the booming AI market, projected to reach $16T by 2030.
Following Pi Network’s integration of GenAI futures at its Pi2Day celebration, analysts are becoming increasingly optimistic about Pi Coin’s price increase.
If the project gains a small portion of the $16 trillion AI market that is expected to grow by 2030, Pi token prices might skyrocket.
According to well-known expert Mr. Spock, if Pi Network can acquire a 1-5% share in the worldwide AI market, it may experience a parabolic bull run.
Riding AI Revolution Can Cause Pi Coin Price To Increase 46X
Last month, the Pi core team announced its new venture into artificial intelligence (AI) when it unveiled the Pi App Studio during Pi Day.
The well-known community member and analyst, Mr. Spock, thinks this might result in a significant value unlocking for Pi Coin.
According to recent studies from PwC, McKinsey, and others, the AI market is expected to reach $16 trillion by 2030.
Pi Network intends to take advantage of this AI trend and become the first blockchain to include AI completely in its ecosystem.
Mr. Spock added that Pi Network is putting itself at the forefront of the data-driven economy due to the demand for tailored AI services and self-learning algorithms.
The blockchain platform is already implementing several AI-ready apps and developer tools through its Pi App Studio and GenAI platforms.
According to the analyst, Pi is establishing the foundation for a decentralized, user-centric digital infrastructure tailored to the AI era by allowing developers to create AI-integrated utilities within its ecosystem.
PI Coin Price If It Captures 1% To 5% AI boom
The Pi Network token has fluctuated since the Pi2Day, falling below $0.50 and landing 30th place on the top cryptocurrency list.
However, Mr. Spock thinks that the situation might drastically alter when the AI wave unfolds over the next five years.
Pi Network may have a $160 billion opportunity if it can secure even 1% of the anticipated $16 trillion global AI market.
At the moment, Pi Coin is valued at $3.53 billion.
Accordingly, researchers expect that by 2030, the altcoin’s price may rise above $21, a 46x upside or 4500% gain.
Mr. Spock pointed out that the altcoin might reach $100 by 2030, representing a 200x return over the following five years, provided it can get 5% of the AI market.
Investors Should Keep Eye Out For Short-Term Pi Token Unlocks
A whopping 272 million Pi Network tokens are set to be unlocked later this month, in July, which would put downward pressure on the price of Pi Coin.
Therefore, according to our Pi Network price projection, market analysts think it can revisit the April lows of $0.40 by the end of August.
The negative risks are minimal for investors who believe the Pi Network will eventually unlock its full potential.
However, with the community’s support, the Pi Core team must take the initiative and motivate Pi developers to contribute by providing them greater incentives and benefits.
Pi Network has not yet seen the development of significant enterprises funded by the $100 million Pi Ventures fund.
