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From $0.6806 to $1,000 in 5 years? Move over Bitcoin — Pi Coin may deliver 146,824% returns

From $0.6806 to $1,000 in 5 years? Move over Bitcoin — Pi Coin may deliver 146,824% returns

Time of India6 days ago

Diverging Forecasts: From Modest to Moonshot
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What Could Spark a Pi Coin Rally?
Risks and Fundamentals
A Crypto to Watch Closely
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Pi Network's token has seen a sharp 4.2% decline in the past 24 hours, dropping to $0.6806 - a 14% fall over the past week. Despite the short-term volatility, however, analysts are still highly optimistic. Several Pi Network price predictions suggest the token could soar to $500 to $1,000 or more by 2030, depending on global adoption and successful ecosystem execution.In fact, some bullish forecasts project an eye-popping 146,824% price surge from current levels if Pi Coin reaches $1,000 in the next five years.Price predictions for Pi Coin vary significantly, ranging from cautious to ultra-bullish:CoinCodex predicts Pi will trade between $0.46–$0.67 in the short term (2025–2027), gradually rising to $0.91–$2.81 by 2028.ChatGPT's financial model, shared by analyst Mr. Spock, projects $1 to $240 in 2025, depending on adoption and technology rollout, and $106 to $399 by 2030.DeepSeek sees Pi starting at $40 and rising to $200–$500, driven by global adoption and strong utility use cases.Bitget offers perhaps the most ambitious projection, predicting Pi could hit $500 to $1,000+ by 2030, based on integration into DeFi, global payment systems, and fintech partnerships.Dr Altcoin, a market forecaster, expects Pi to reach $314 within five years, citing the project's community strength and long-term fundamentals.According to Coinpedia, several catalysts could fuel a major Pi Coin rally:Listings on major exchanges like Binance and Coinbase, which would boost liquidity and investor trust.A successful transition from the current closed mainnet to a fully operational open mainnet.Strategic partnerships, ongoing ecosystem development, and integration with real-world services such as e-commerce and peer-to-peer payments.With over 47 million engaged users worldwide, Pi Network is also investing in decentralized app (dApp) development and building a peer-to-peer digital economy. If these efforts gain momentum, they could significantly enhance the token's utility and investor appeal.While the growth potential is huge, several risks and challenges remain:Delays in the open mainnet launchLimited exchange availability, which restricts price discoveryUncertainties around scalability and regulatory complianceStill, Pi Network's unique approach—a mobile-mined, energy-efficient cryptocurrency with a massive global user base—continues to attract attention. If the project manages token supply efficiently, builds real-world utility, and earns mainstream validation, it could achieve the ambitious valuations projected by experts.Despite the recent dip tied to a major Pi crypto token unlock , the broader outlook for Pi Network remains highly positive. With the right strategic moves—including a Binance listing, open mainnet activation, and deeper integration into real-world platforms—Pi Coin could be on track for exponential growth.As Coinpedia noted, 'The project's resilience and growing interest among traders hint at a strong upside if the momentum holds.'Whether it actually reaches $1,000 or not, Pi Network is clearly one of the most intriguing projects in the evolving crypto landscape.

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Fur-taxi and the Furious: How India's pet cabs are rescuing the rides for furry passengers
Fur-taxi and the Furious: How India's pet cabs are rescuing the rides for furry passengers

Time of India

time9 hours ago

  • Time of India

Fur-taxi and the Furious: How India's pet cabs are rescuing the rides for furry passengers

TAIL WINDS Live Events LONG-DISTANCE WOOFS BIG BROTHER STEPS IN (You can now subscribe to our (You can now subscribe to our Economic Times WhatsApp channel Maya, a wide-eyed indie with a nervous bark, trembled as the first Diwali crackers burst in the Bengaluru sky last year. Her pet parents, Rahul Chawda and Aarti Karwayun, knew the drill. Like every year, they had booked a pet-friendly stay in the countryside. But as usual, every regular cab they summoned turned back the moment they saw Maya.'Every year, the driver would either cancel or reluctantly allow her in, only to complain later. It was uncomfortable for everyone—driver, dog and us,' says a common story in urban India where pet ownership is climbing steadily. With over 32 million pets today—projected to rise to 51 million by 2028, according to India Brand Equity Foundation—more families are finding themselves stranded with furry dependents and no pet was during Covid-19 lockdowns that Mumbai-based Arpita Sandilya first felt the need for a pet transport service—not for emergencies, but to send rescued dogs to their adoption homes. 'That was my first real trigger, to be honest. I used my own car for rescues, and the idea just grew from there. I thought, why not start a service that helps rescuers and pet parents?' says Sandilya, who now runs a two-car fleet under her venture, TaxiForPaws Like many others in this space, she faces challenges. 'Finding pet-friendly drivers is hard. Not everyone is comfortable around animals or ready to clean the car after each ride.' Her cars are outfitted with blankets, bowls and custom-made dog-seat belts. 'Each trip ends with a deep clean—it is expensive, but essential.'Another Mumbai-based player, SDAASH Pet Cabs, started in 2022 after founder Pranav Lokhande lost his pet when no cab agreed to transport them. 'It cost us dearly,' says Heenal Lokhande , who runs the operations of two modifies its vehicles by removing the front passenger seat to create space for a soft bed. 'Some pets want to be beside their humans; others love their own space,' says TaxiForPaws, each ride of SDAASH is followed by a deep clean, and incidents like vomiting or peeing send the car straight to the wash station. The roadblock it faces is also similar—drivers. 'At times we ride the cab ourselves when drivers do not turn up, because we know the pain of not getting a cab on time.'In Delhi, FurryTaxi has faced similar hurdles. Founder Anurag Tripathi, who started the service with ad-hoc rescues in 2019 and later shifted to a structured service in 2022, now operates eight cars. 'In the past six months alone, we have done long-haul trips to Mumbai, Ahmedabad and Srinagar. It's growing,' says again, the crunch is drivers. 'Drivers must be pet-friendly, trained and calm even when a Rottweiler barks mid-ride.' Each driver goes through a vetting process: 'They accompany me for initial rides, then handle a few with owners onboard, before going solo,' says Tripathi. People use the service for veterinarian visits, boarding stations and airport visits. Pets can travel solo or their pet parents can accompany them in the demand comes from metro cities—Delhi, Mumbai, cross-country journeys, platforms like FidoJet and CarryMyPet are leading the FidoJet started in 2018 when its founders—Rajesh Sharma, Manjeet Swami and Nikhil Khalera—noticed that pets were often shipped like cargo. 'We were pet parents ourselves. Watching animals treated like packages was painful,' says cofounder began with road travel and now offer help with air and rail travel as well. It is supported by over 150 vehicles via vendor networks. Their cars come with booster seats, harness seat belts and non-slip routes are Delhi–Mumbai, Bengaluru–Kochi and Hyderabad–Goa. Pricing ranges from ₹12/km to ₹20/km depending on distance. 'Over 90% of the demand is from metros,' says Khalera. 'But we have handled everything from senior dogs to blind pets. Every case requires planning, patience and empathy.'No story captures this better than that of Dobby, a wheelchair-bound stray adopted during the pandemic. Carry My Pet helped relocate Dobby from Nagpur to Poland. 'The owner had every reason to leave Dobby behind. But she chose love,' says Faisal Islam , cofounder, Carry My Pet. 'We managed her journey across continents, with careful coordination and tailored care.'Carry My Pet, headquartered in Gurgaon, operates on an asset-light model, partnering with logistics firms across India. They offer multimodal pet relocation by air, train and road. Their pricing starts at ₹13/km for cabs, ₹10,000 for relocation via train and ₹25,000 for domestic notes that demand is rising about 10% year-on-year. 'Pet owners today want real-time tracking, transparency and expert help.'But it's not all smooth. Regulatory ambiguity, breed restrictions, lack of pet-friendly rail infrastructure and inconsistent airport facilities still pose hurdles. 'We have relocated thousands of pets with a zero-harm record, but every ride demands precision,' says relocation he recalls is moving a Labrador named Ludo from Delhi to Port of Spain, via a complex, multi-leg route through Miami and the Caribbean. 'It took weeks of planning, but seeing Ludo reunited with his family was worth everything.'Even tech majors are watching. Uber, for instance, has introduced Uber Pet in cities like Mumbai and Bengaluru. Pet parents confirm that while it's a welcome addition, the experience is still inconsistent.'Drivers often are not prepared, and there are no comfortable amenities,' says a Mumbai-based user. 'But it is better than nothing, especially when specialised services aren't available.'India's pet and pet-care market is forecast to double to $7 billion by 2028, according to consulting firm Redseer. As pets take centre stage in urban homes, pet-cab services have shifted from niche novelty to everyday essential

India hits China, Japan and EU with fresh anti-dumping duties on vitamin and rubber chemical imports
India hits China, Japan and EU with fresh anti-dumping duties on vitamin and rubber chemical imports

Time of India

time13 hours ago

  • Time of India

India hits China, Japan and EU with fresh anti-dumping duties on vitamin and rubber chemical imports

Live Events (You can now subscribe to our (You can now subscribe to our Economic Times WhatsApp channel The Indian government has imposed anti-dumping duties on imports of Vitamin-A Palmitate and Insoluble Sulphur from China, Japan, Switzerland and the European Union (EU). The move aims to protect domestic manufacturers from low-priced imports that affect the local duties, which will remain in place for five years, were announced by the finance ministry in a notification issued late on Friday. The decision follows investigations by the Directorate General of Trade Remedies (DGTR), which found that both substances were being exported to India at unfairly low prices, either below cost or under their fair market value, thereby undercutting Indian products are essential to major industries in India. Vitamin-A Palmitate is used in pharmaceuticals, food, and cosmetics, while Insoluble Sulphur plays a key role in tyre manufacturing In its findings, the DGTR said there was 'material injury' to domestic producers of Vitamin-A Palmitate due to large-scale dumping from China, the EU and Switzerland. The compound, commonly used in small quantities, remains heavily import-dependent in duties, which take effect immediately, will range from $0.87 to $20.87 per kilogram. Chinese exporters other than Shangyu NHU BioChem Co. Ltd. will face the highest duty of $20.87/kg. Shangyu NHU BioChem will be subject to a lower duty of $14.95/kg. Swiss company DSM Nutritional Products Ltd. will attract a duty of $0.87/kg, while all other Swiss exporters will face $8.2/kg. Imports from the EU will be charged a flat rate of $11.09/ Vitamin-A Palmitate in the strength of 1.6 MIU/Gm, used in animal feed, has been excluded from the imported $48.6 million worth of Vitamin-A Palmitate in the financial year 2024-25, with most of it sourced from China and Europe, according to commerce ministry duties must be paid in Indian rupees, based on the exchange rate notified by the Revenue Department on the date the bill of entry is a related move, the government also imposed five-year anti-dumping duties on imports of Insoluble Sulphur from China and Japan. This compound is mainly used by tyre manufacturers to improve rubber vulcanisation. DGTR investigations revealed that exporters from both countries had been dumping the product at low prices, affecting the profitability and pricing strength of Indian on the exporter, the duties on Insoluble Sulphur will range from $259 to $358 per metric tonne. Chinese imports will face a flat duty of $307/MT. Among Japanese companies, Shikoku Chemicals will be charged $259/MT, while all other Japanese exporters will face the maximum rate of $358/MT.

India's urban buyers show stable confidence, expect brighter outlook: RBI survey
India's urban buyers show stable confidence, expect brighter outlook: RBI survey

Time of India

time13 hours ago

  • Time of India

India's urban buyers show stable confidence, expect brighter outlook: RBI survey

Live Events (You can now subscribe to our (You can now subscribe to our Economic Times WhatsApp channel The Reserve Bank of India 's latest Urban Consumer Confidence Survey (UCCS) for May 2025 shows that urban consumers maintain stable sentiments about the current economic situation, with a cautious yet improving outlook for the survey reveals that the Consumer Confidence Index (CCI), which measures current consumer sentiment, dipped marginally from 95.5 in March to 95.4 in May, indicating only a slight weakening in how consumers view present conditions. Despite this, expectations for the year ahead have brightened Future Expectations Index (FEI), reflecting optimism about the economic outlook, employment prospects, income levels, and spending capacity, rose by one point from 122.4 in March to 123.4 in May. This points to a growing sense of confidence among urban households across 19 major Indian cities, based on feedback from 6,090 respondents surveyed between May 2 and 11.A notable aspect of the survey is the easing concern over inflation and price levels. This is the second consecutive survey round showing a decline in pessimism related to high prices. Most respondents now expect inflation and prices to moderate further in the coming RBI noted, "Pessimism about the current price level and inflation continued to ease for the second consecutive round. Households also expect a decline in both price and inflationary pressures over the coming year."While there has been little change in consumer sentiment about current income levels, optimism remains strong regarding future earnings. According to the RBI, "Households remain firmly optimistic on future earnings even though their sentiment on current earnings remained around its March 2025 level."Spending habits mirror this cautious optimism. Although current expenditure on both essential and non-essential items has dipped slightly since March, consumers anticipate increased spending in the the survey suggests that while urban consumers feel only marginally better about present conditions, their confidence and hope for economic improvement in the year ahead have grown substantially.

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