Citing Coinpedia, Pi Network's native token Pi is currently trading at $0.2461 with a market cap of $2.05 billion, showing mild upward movement but weak trading volume. Analysts suggest Pi needs to hold support between $0.243 and $0.244 to maintain bullish momentum. A crypto commentator on X argues that Pi Network could potentially trigger the next altcoin season due to its large 'new chain narrative' and the upcoming launch of Pi DEX, which could serve as a major liquidity hub. The commentator highlights that Pi's DEX could attract millions of KYC-verified users and act as a catalyst during a period of market stagnation in major blockchains like Bitcoin and Ethereum.
Pi Network Analysts Debate Potential to Trigger Next Altcoin Season
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