Token2049, one of the biggest events in the crypto market, will run on Wednesday and Thursday in Dubai.

As in the past, this event will feature headline-making discussions with major players in the crypto industry. This article provides brief crypto price predictions on top tokens like Tron (TRX), Binance Coin (BNB), and Pi Network (PI).

The biggest names in crypto will be heading to Dubai this Wednesday and Thursday for Token2049, one of the largest events in the industry.

As in the past, the event will feature headline-making discussions with major players. Top-tier topics like the pending approval of the Bitcoin ETF by the U.S. Securities and Exchange Commission (SEC) and the launch of new DeFi protocols will also be covered.

However, the event may also be crucial for the fate of some battered crypto tokens, especially as it arrives amid a new wave of bearishness.

Here’s a look at what to expect from Tron (TRX), Binance Coin (BNB), and Pi Network (PI).

Pi Network (PI)

The Pi Network token will be one of the main crypto coins to watch at Token2049 as it is one of the sponsors and its co-founder, Nicolas Kokkalis, will be speaking.

Most importantly, Token2049 will allow the team to speak with exchanges like Binance, HTX, and KuCoin that will be at the event. This could help it secure high-profile listings, which may eventually lead to a short-squeeze.

The event comes at a time when the Pi Network token price has crashed to its lowest level since April 9. It is down by over 80% from its all-time high even as other altcoins remain close to their monthly highs.

Technicals indicate that more Pi Coin price crashes may be in store as it has dropped below all moving averages and is forming a rounded top pattern. The caveat is that the Token2049 event may lead to a short-squeeze.

Tron Price Prediction As Justin Sun Interviews Eric Trump

Tron is another leading cryptocurrency to keep an eye on at the Token2049 event as Justin Sun will be interviewing Eric Trump.

Tron price has been contained within a tight range in the past few months, forming a symmetrical triangle in the process. This triangle is now approaching the confluence level, where a bullish or bearish breakout may occur.

The two lines of the triangle are yet to converge, which means that the consolidation phase may continue for a while. Eventually, the TRX price may soar to $0.35 due to its strong fundamentals, positioning it as the most profitable layer-1 network.

BNB Price Outlook As Token2049 Intersects With Lorentz Upgrade

The Binance Coin price will be in the spotlight because Binance is one of the top sponsors of the Token2049 event and its senior officials, including Changpeng Zhao, will be in attendance.

Secondly, BSC Chain will be launching its Lorentz upgrade that will supercharge its block times. All this will happen as the BNB price retests the trendline of the descending triangle pattern. A break-and-retest pattern is a popular bullish continuation sign.

Hence, the probability of a strong bullish breakout from $600 to $720 in the upcoming weeks increases substantially.