Pi Network's Pi Coin is gaining attention in the crypto market with a potential trend reversal after a recent price dip, currently traded at $0.80.
A crypto whale transferred 250 million Pi coins, causing scarcity on OKX exchange, prompting Bitget to conduct a rescue operation to maintain price balance.
Price predictions for Pi Coin suggest a possible rise to $1, followed by $1.5 and $2 if buying pressure remains and whales retain their tokens.
Challenges facing Pi Coin include the absence of major exchange listings, lack of DeFi apps or significant ecosystem upgrades, and concerns about transparency and insider control.