Pi Network (PI) price has been a major topic of discussion as its official launch approaches, with many speculating on where it will trade once fully unlocked.

The project has built massive hype due to its mobile mining model, attracting millions of users eager to earn PI tokens without expensive hardware. With its IOU price showing stability between $61 and $70, this range could provide an early indicator of where PI may settle in the open market.

PI Is One Of The Most Hyped Coins Ever

Pi Network is one of the most hyped crypto launches in recent history. It aims to make mining accessible to anyone with a mobile phone.

Unlike traditional proof-of-work networks that require expensive hardware, Pi allows users to mine its native token simply by running a lightweight mobile app. This approach has generated massive interest, with millions of users already participating before the official launch.

As Bitcoin mining has evolved into a capital-intensive industry dominated by large mining farms, Pi’s promise of free and easy mining has captured the attention of a global audience.

Anticipation has driven its IOU price sharply higher in recent days ahead of the network’s official launch on February 20. IOU prices represent speculative trading of the token on certain exchanges before it becomes officially transferable, meaning traders are betting on its future value.

On February 11, Pi’s IOU price surged 62% within just a few hours, fueling speculation about its potential launch valuation.

The sudden spike has led to debates within the crypto community about what price Pi will debut at once the network is fully operational. With interest growing quickly, traders and early adopters are closely watching how the market will react post-launch.

The excitement around Pi is evident not just in its price movements but also in its social media presence. Pi Network official account on X has become one of the most followed crypto accounts ever, surpassing Ethereum.

With 3.7 million followers and consistently high engagement, it is now approaching the follower count of meme coin giants Shiba Inu and Dogecoin.

PI Launch Price Prediction: An Analytical Perspective

With Pi Network official launch approaching, many users are questioning its price once it becomes fully tradeable. Looking at previous major airdrops and new blockchain launches, the outlook isn’t entirely promising.

If airdrops are a good proxy for Pi Network upcoming launch, some of the most hyped airdrops in recent years, such as PENGU, BERA, and BLAST, have faced significant price declines after launch. However, there are exceptions, with Hyperliquid standing out as one of the few that maintained strong price levels.

Pi’s IOU price movements provide some insight into how the market is valuing the token ahead of its official release. While there have been brief spikes where prices touched levels near $90 and even $100, these were isolated events rather than sustained trends.

Instead, the price has seen consistent volume spikes between $59 and $76, with rising accumulation activity around the $57–$60 range. This suggests that these levels are where demand has been strongest, potentially giving a clue about where Pi’s price could settle once fully tradeable.

Given this data, an analytical perspective would suggest that Pi’s launch price might fall within the $61–$70 range, where it has shown the most stability. If the hype continues to drive demand, it could push higher, but past airdrop trends indicate that early investors often take profits, leading to volatility, especially with PI sparking legal warnings from experts.

How Pi handles post-launch supply and trading volume will be crucial in determining whether it follows the path of struggling airdrops or emerges as one of the stronger-performing launches like Hyperliquid.

Altcoins have seen a mixed performance this past week, with some making significant gains while others remain in correction mode. Telcoin (TEL) led the rally with an 88% surge, pushing its market cap past $1 billion, while Sonic (S) jumped nearly 40% despite ongoing struggles since its rebranding.

Litecoin (LTC) also gained close to 30%, reclaiming the $10 billion market cap level, while DeXe (DEXE) dropped 11% as it continued its pullback from its early February highs. Meanwhile, ONDO has remained in a downtrend but could be setting up for a recovery as the broader RWA sector altcoins are going up.

Telcoin (TEL)

Telcoin (TEL) has surged 88% in the last seven days, making it one of the best-performing altcoins of the week. This surge pushed its market cap above $1 billion and reached its highest price level since December 2021.

This strong rally highlights renewed investor interest in the project as TEL breaks out of a long consolidation phase. With such momentum, Telcoin has reentered the spotlight as one of the best-performing assets in the market.

Telcoin aims to revolutionize remittances by providing a seamless and cost-effective way to send money globally. Through the Telcoin Wallet, users can send fiat remittances to over 20 countries.

If the bullish momentum continues, TEL could soon test the $0.013 level and even extend its rally toward $0.015. However, if the trend reverses, TEL might retrace to $0.0075, with further downside potential to $0.0063 or even $0.0042 in a stronger pullback.

Sonic (S)

S has surged nearly 40% in the last seven days, bringing its market cap back to around $1.5 billion. Despite the strong price rebound, trading volume has dropped 37% in the last 24 hours, now at $89 million.

This suggests that while buying pressure remains, overall market activity around S has slowed in the short term.

Sonic, formerly known as Fantom, aims to be the fastest and most efficient EVM Layer 1, combining speed, incentives, and top-tier infrastructure.

However, since its rebranding, the project has faced challenges, with its price still down 63% since mid-December 2024. While the recent rally is a positive sign, Sonic is still working to regain investor confidence and rebuild momentum.

If the current uptrend continues, S could test resistance at $0.60, and a breakout above that level could push it toward $0.65.

However, if S loses its momentum, it may retrace to $0.47, with further downside potential to $0.37 or even $0.33 if selling pressure intensifies.

Litecoin (LTC)

Litecoin, one of the most likely altcoins to receive ETF approval in the US, has climbed nearly 30% in the last seven days, with its price now trading near recent highs. Its market cap has reclaimed the $10 billion threshold, signaling renewed investor interest.

However, trading volume has declined 22% in the last 24 hours, now at $1.24 billion, suggesting a slight slowdown in market activity despite the strong rally.

LTC’s EMA lines indicate that the uptrend could continue, with short-term moving averages positioned above long-term ones.

This bullish setup suggests that momentum remains strong. If the trend holds, LTC could test resistance at $141 and $147. A breakout above these levels could push LTC toward $150 or even $160, which would mark its highest price since December 2021.

If the trend reverses, LTC has a key support level at $110 that could provide a buffer against a deeper decline.

However, if this level is lost, LTC could slide further to $96 or even $86 in a stronger pullback.

DeXe (DEXE)

DEXE, a governance protocol, has dropped 11% in the last seven days, bringing its market cap down to $1.5 billion. Trading activity has also remained relatively low, with its daily volume at $7.5 million. This decline comes as the token undergoes a correction following a strong rally earlier this month.

Built on the Ethereum blockchain, DEXE reached its highest price since 2021 on February 5. However, after hitting that peak, it has been in a pullback phase, with selling pressure outweighing buying momentum.

If the downtrend continues, DEXE could test the support at $15.8, and a break below that level could push it down to $13.2, its lowest price since mid-January.

On the other hand, if momentum shifts back in favor of buyers, DEXE could test resistance at $19.4, with further upside potential to $21.8 and $24.1. A strong breakout above these levels could even see DEXE testing $25 for the first time since April 2021.

Ondo Finance (ONDO)

ONDO has been in a downtrend over the last seven days, but with the RWA sector gaining momentum, it could be setting up for a recovery. As one of the leading real-world asset tokens, ONDO remains closely tied to broader sector trends, and as other RWA altcoins are currently trending, ONDO could follow that lead.

Its EMA lines are currently very close to each other, with short-term moving averages still below long-term ones.

However, the gap between them is narrowing, which could indicate a potential trend shift. If the downtrend continues, ONDO has strong support at $1.25, and a break below that level could push it down to $1.

If ONDO regains bullish momentum, it could test resistance at $1.49, with further upside potential to $1.66.

Ripple announced a significant rebrand, aligning its identity with the Internet of Value. The XRP issuer is looking to develop a new brand identity under the changing regulatory space in the US.

This strategic shift impacts its products, website, and social media presence, marking a new phase in its evolution.

Ripple Rebrands With a New Brand Focus

On February 14, Ripple announced its rebrand through a post on X, emphasizing its commitment to the Internet of Value and global financial innovation. The company stated that it is entering a new phase aimed at transforming how value moves across the world.

“We’re building for the next chapter with the vision that continues to drive us — the Internet of Value and transforming the way you move value around the world,” the firm stated.

A central aspect of the rebrand is the introduction of revised product offerings. According to the website, the platform has streamlined its services to focus on cross-border payments, digital asset custody, and stablecoins.

These changes cater to growing market demands and evolving financial technology trends. Ripple’s payment network, built on the XRP Ledger, facilitates seamless international transactions. Users can transfer funds across borders using various fiat and crypto assets.

This week, Ripple enhanced its payment infrastructure through a partnership with Unicâmbio, a Portuguese currency exchange provider. The collaboration enables instant money transfers between Portugal and Brazil, leveraging the firm’s blockchain-powered payment solutions.

Following its acquisition of Standard Custody last year, Ripple has also expanded into digital asset custody. This allows Ripple to offer secure asset storage services for banks and fintech firms.

The firm noted that the custody market presents significant growth potential, estimated at $20 trillion, due to the rising institutional interest in digital assets.

Another key update is Ripple’s foray into stablecoins, which was marked by the launch of Ripple USD (RLUSD). This asset, introduced in December, has reached a market capitalization of approximately $108.6 million.

According to CCData, the asset has already recorded over $3 trillion in trading volume within a month of its launch.

Meanwhile, Ripple’s rebrand comes with a significant website update. XRP advocate WrathofKahneman pointed out that mentions of Central Bank Digital Currencies (CBDCs) have been removed.

The company previously engaged in CBDC pilots in Palau and even launched a dedicated CBDC platform in 2023. The removal suggests a possible shift in focus, with Ripple potentially prioritizing its stablecoin efforts over government-backed digital currencies.