Analyst Predicts Pi Coin Price By 2030 If It Captures 1-5% of $16 Trillion AI Market

With Pi Network adopting GenAI futures during its Pi2Day celebration last month, analysts are turning bullish about Pi Coin price rally as the artificial intelligence (AI) market is likely to grow to $16 trillion by 2030. With the Pi Core team joining the AI bandwagon early, it could set the Pi token price on a parabolic bull run. Popular analyst Mr. Spock predicts what could happen if Pi Network grabs even a 1-5% share of the global AI market.

Pi Coin Price Can Shoot 46X By Riding the AI Revolution

During Pi Day last month, the Pi core team launched the Pi App Studio, announcing its fresh foray into the world of artificial intelligence (AI). Mr. Spock, the popular community member and analyst, believes that this could lead to a major value unlocking for Pi Coin, with the AI market size likely to grow to $16 trillion by 2030 as per the latest research from PwC, McKinsey, etc.

Pi Network is planning to ride on this AI wave, while becoming the first blockchain to integrate AI within its ecosystem fully. Mr. Spock also stated that with self-learning algorithms and personalized AI services in demand, Pi Network is positioning itself at the forefront of the data-driven economy. The blockchain platform is already deploying a suite of AI-ready applications and developer tools through its Pi App Studio and GenAI platform.

By enabling developers to build AI-integrated utilities within its ecosystem, Pi is laying the groundwork for a decentralized, user-centric digital infrastructure optimized for the AI era, added the analyst.

Pi Coin Price If It Captures 1-5% of AI Boom

Following the Pi2Day, the Pi Network token has been moving sideways, slipping under $0.50, and to the 30th spot on the top crypto list. But Mr. Spock believes that the scenario could completely change over the next 5 years as the AI wave unlocks. If Pi Network captures just 1% of the projected $16 trillion global AI market, it could represent a $160 billion opportunity.

Currently, Pi Coin has a market cap of $3.53 billion. Thus, as per the analysts’ prediction, the altcoin could see a 46x upside or 4500% gains by 2030, which could take its price above $21. However, if it manages to capture 5% of the AI market size, the altcoin could trade over $100 by 2030, marking a staggering 200x return over the next five years, noted Mr. Spock.

Investors Need to Watch for Pi Token Unlocks in the Short-Term

Later this month, in July, a staggering 272 million Pi Network token unlocks are scheduled, which could induce downside pressure on Pi Coin price. Thus, market analysts believe that it can again retest the April lows of $0.40. However, the downside risks remain limited from here for investors who believe in the long-term value unlocking of the Pi Network.

On the other hand, with a strong community backing, the Pi Core team needs to step up by encouraging Pi developers to contribute, while offering them better incentives and rewards. The $100 million Pi Ventures fund has yet to see key projects building on Pi Network.