Pi Token’s Future: ChatGPT and Perplexity Offer Diverging Predictions

Pi Network’s native token saw a dramatic price surge at the end of October, soaring from $0.20 to nearly $0.30 before retracting and settling back around its starting point in early November. This volatile behavior aligns with broader cryptocurrency market fluctuations as Bitcoin dipped below $100,000 and Ethereum erased all year-to-date gains. 2 AI models, ChatGPT and Perplexity, were asked to predict Pi’s trajectory for the coming week. ChatGPT offered a range-bound scenario, predicting potentially sideways movement around current prices with a maximum of $0.25. It suggests that after a retracement, the token might experience a bounce towards $0.24-$0.26 if buyers defend the $0.20 – $0.21 support level. However, ChatGPT also outlined two scenarios where the asset could surge to $0.30 and beyond if significant news from the Pi Network Core Team (like the recent launch of Pi Node’s version 0.5.4) drives investor enthusiasm. Conversely, if there’s a lack of positive developments and market conditions remain unfavorable, the token may decline below $0.20 and potentially even fall to levels around $0.18. Perplexity presented more extreme price predictions, with its bear case scenario involving a sharp drop in value, likely exceeding 10% within the coming days. This bearish outlook predicted sustained declines towards under $0.15 by early December if no significant developments occur. However, Perplexity also considered a bullish scenario where positive news and improved market conditions could propel Pi’s price to $0.60. However, this prediction was regarded as unlikely based on current market dynamics. Ultimately, both ChatGPT and Perplexity highlight the inherent unpredictability of the PI token’s short-term future.