ChatGPT Predicts Pi Networks November Price Trajectory

After a prolonged correction, Pi Network’s native token, PI, experienced a significant rally in the last two weeks of October. The token surged from an all-time low of $0.172 to nearly $0.29 before settling around $0.25. This upward momentum was fueled by several positive developments in the Pi ecosystem, including new features and AI integrations that energized the community. As we head into November, investors are keen to know if this recovery can be sustained.

To explore this, we consulted the AI chatbot ChatGPT for its analysis on PI's potential price action in the coming month.

ChatGPT Weighs In: November Scenarios

ChatGPT attributed PI's late October surge to two key factors: renewed community activity driven by AI pilots and an increase in off-exchange trading volume. Based on these observations, the AI provided a probabilistic forecast for November.

• Base Case (60% Probability): The most likely outcome is a slow and gradual continuation of its climb. ChatGPT projects a trading range between $0.24 and $0.34 for the month. It described this scenario as a "Modest continuation as ecosystem headlines keep interest alive but liquidity remains thin."

• Bull Case (25% Probability): A more optimistic scenario, given a 25% chance, would see PI break the $0.35 resistance and push beyond $0.40. This would require a significant catalyst, such as new exchange listings or major, tangible improvements within the Pi Network ecosystem.

• Bear Case (15% Probability): There is a 15% chance of a downturn. This could happen if the current hype subsides and no significant network progress is announced by mid-November, potentially pushing the price back below $0.20 to retest its previous all-time low.

Key Price Catalysts to Watch

ChatGPT identified several critical factors that will influence PI's price direction in the coming weeks:

• App-Ecosystem Traction: The launch and adoption of new Pi-based applications or further AI integrations are crucial to sustaining momentum.
• Liquidity & Listings: PI's trading volume is still relatively small and occurs mostly over-the-counter (OTC). Gaining support from broader exchanges would be the single most powerful bullish catalyst.
• Broader Market Mood: A general recovery in the crypto market, led by Bitcoin and other altcoins, would create a favorable environment and amplify any potential gains for PI.

Understanding the Token Supply

Another important factor is the token unlock schedule, which can impact selling pressure. Data from PiScan shows that the average daily unlock has decreased to approximately 4.16 million tokens. This is a significant reduction from the 8-9 million tokens unlocked daily during the summer. This lower rate of new supply entering the market could ease selling pressure and help the asset stabilize, supporting the base case scenario for November.