If it's going to happen this year, I don't think so. There are a lot of issues going on with that coin, and it may be the ATH now, but I don't think it will rise that much because you need to invest a lot in Pi to have that price rise. Many people might sell, and raising the price would be a hard time.
Some private investors trying to manipulate this scam token by injecting liquidity on some exchanges hoping that it will create hype just like Trump coins since this token has a lot of popularity due to the project age.
I will not be surprised if this token still skyrocket short term when this token managed to be listed on Binance and other trusted exchange.
Pi is a funny project and I don't now why the team thinks that they can still attract huge investors to buy the token when it had already lost it opportunity when it was trending. Pi is never a good project for me because I know that huge hype that might have attracted when the projects was still trending. Many miners had already lost hope and some had sold their Pi coins because they thought the project would was a joke and could never get to the stage of launching. People that could have created more hype for their funny project had already left the community. I thought I saw the price trading and 1.5 USDT on Bybit few days ago?
This is not a suitable project for anyone to invest their money because we could suddenly see that the price depreciated to nothing as time goes on. Everyone can always dump their tokens on exchanges if they made profits from it.
Yes but that is like with any other token. Same happened with ripple. People invested insane amount of money into it and the price dropped but the token is still here.
I don't have high hopes for it, minded it just for fun so I have only 4000 or so. So even if the price drops it won't be a big deal as it is not life charging money.
But if the price goes up then, potentially I can earn a lot with basically zero investment.