Pi Coin has recently declined to $ 1.45 with harsh sales pressure. However, the auction of the .Pi Domain, which makes a great impression in the Pi Network ecosystem, may attract the attention of investors again. Experts think that Pi Coin can re -test the $ 2 level.
Pi Network users are competing for .pi domains
On Pi Day, Pi Network launched the auction of the .Pi Domain, where users can only bid us using Pi Network. This activity aims to increase the value of crypto currency by giving Pi ecosystem a new area of use.
Only Pi Coin is accepted in the auction and all income will be transferred to projects for the growth of the Pi ecosystem. The event will last until June 28, 2025, and each new offer will lead to 24 hours of extending the specified period.
A big race has started for brands like Tesla and Amazon
At the auction, which attracts great attention of the Pi Network community, 60,000 Pi Coin has already been spent for the .Pi domains connected to giant brands such as Tesla, Amazon and Samsung. Investors aim to have an asset that can gain great value in the future by taking these domain names.
This shows that the Pi ecosystem has grown and the confidence of users with Pi Coin. High offers for large names prove that the platform can create a competitive market.
Can Pi Coin go back to $ 2 again?
Pi Network has lost almost 1 billion dollars from its market value in recent weeks. However, analysts think that the price can find support from $ 1.45. In the short term, Pi Coin is expected to exceed $ 1.56 and then move towards $ 2.
Some experts predict that Pi Coin can rise up to $ 10. Increased interest in investor and the fact that the ecosystem continues to grow can enable Pi Coin to reach new peaks in the future.
What are long -term expectations for Pi Coin?
The expansion of the Pi Network ecosystem can play a critical role for Pi Coin’s long -term price movements. .Pi domain auctions can increase the demand by providing a new usage area to Pi Coin. If the ecosystem continues to develop, Pi Coin can reach higher levels in the long term thanks to its investor interest.