Here's why an 85% price increase might be in the cards.Here's why an 85% price increase might be in the cards.

How High Can Pi Network (PI) Go This ‘Uptober’? ChatGPT Breaks It Down

2025/10/01 20:18

“Uptober” has kicked off with a bang, with many leading cryptocurrencies experiencing substantial gains over the last several hours.

Pi Network’s PI has also caught the green wave, but what is the maximum it can reach? Take a look at ChatGPT’s perspective on the matter.

PI’s Potential

The AI-powered chatbot estimated that the asset may experience a significant price pump if “Uptober” (October’s nickname across the crypto community) lives up to the hype. It outlined several potential factors, such as listing on a top-tier exchange, ecosystem developments, and a roadmap upgrade, which can act as catalysts for a possible bull run.

ChatGPT predicted that the most optimistic outcome for PI is to rise in the $0.35-$0.45 range, potentially driven by positive news and a broad crypto rally. The asset currently trades at around $0.27 (according to CoinGecko’s data), with the chatbot indicating that the resurgence will heavily depend on a breakout above the psychological resistance level of $0.30.

Moreover, it argued that if the “Uptober” enthusiasm accelerates and liquidity flows into speculative assets, PI could even aim toward the $0.50 region:

Last but not least, ChatGPT touched upon Pi Network’s devoted community, which consists of millions of users. According to the chatbot, the vast base of Pioneers could be reenergized if the price starts climbing, and that in turn might lead to a further ascent.

The Bearish Outlook

At the same time, ChatGPT noted that the upcoming token unlocks, weak sentiment, and other bearish factors may prevent such a bull run for PI.

It is important to mention that almost 13 million tokens will be unlocked today (October 1): the record for the following 30 days. A total of 136.3 million PI will be released within that period, providing investors with the opportunity to offload assets they have been waiting to sell for some time.

PI Token UnlocksPI Token Unlocks, Source: piscan.io

The post How High Can Pi Network (PI) Go This ‘Uptober’? ChatGPT Breaks It Down appeared first on CryptoPotato.

Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact [email protected] for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.
Share Insights

You May Also Like

American Bitcoin’s $5B Nasdaq Debut Puts Trump-Backed Miner in Crypto Spotlight

American Bitcoin’s $5B Nasdaq Debut Puts Trump-Backed Miner in Crypto Spotlight

The post American Bitcoin’s $5B Nasdaq Debut Puts Trump-Backed Miner in Crypto Spotlight appeared on BitcoinEthereumNews.com. Key Takeaways: American Bitcoin (ABTC) surged nearly 85% on its Nasdaq debut, briefly reaching a $5B valuation. The Trump family, alongside Hut 8 Mining, controls 98% of the newly merged crypto-mining entity. Eric Trump called Bitcoin “modern-day gold,” predicting it could reach $1 million per coin. American Bitcoin, a fast-rising crypto mining firm with strong political and institutional backing, has officially entered Wall Street. After merging with Gryphon Digital Mining, the company made its Nasdaq debut under the ticker ABTC, instantly drawing global attention to both its stock performance and its bold vision for Bitcoin’s future. Read More: Trump-Backed Crypto Firm Eyes Asia for Bold Bitcoin Expansion Nasdaq Debut: An Explosive First Day ABTC’s first day of trading proved as dramatic as expected. Shares surged almost 85% at the open, touching a peak of $14 before settling at lower levels by the close. That initial spike valued the company around $5 billion, positioning it as one of 2025’s most-watched listings. At the last session, ABTC has been trading at $7.28 per share, which is a small positive 2.97% per day. Although the price has decelerated since opening highs, analysts note that the company has been off to a strong start and early investor activity is a hard-to-find feat in a newly-launched crypto mining business. According to market watchers, the listing comes at a time of new momentum in the digital asset markets. With Bitcoin trading above $110,000 this quarter, American Bitcoin’s entry comes at a time when both institutional investors and retail traders are showing heightened interest in exposure to Bitcoin-linked equities. Ownership Structure: Trump Family and Hut 8 at the Helm Its management and ownership set up has increased the visibility of the company. The Trump family and the Canadian mining giant Hut 8 Mining jointly own 98 percent…
Share
BitcoinEthereumNews2025/09/18 01:33
Share