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What do you think the price of PI will be after TGE? Some say $5—ahaha! Honestly, I don’t want to get my hopes up. But could there be a mouthwatering listing price?
Based on Coinmarketcap, it's "Self-reported Circulating Supply" is at around 5.97 billion tokens.
At around 100 million market cap, it will be at around $0.0167.
At around 200 million market cap, it will be at around $0.034.
At $5 that you said OP, the total market cap of PI based on its Circulating supply will be at around $29,850,000,000 and that will put the coin at the top 10 instantly surpassing the likes of TRON and DOT. To cut the story short, $5 or even $1 is almost impossible just by looking at the supply. One cent would be for me the most realistic price of it or even two cents, but I would be happy if I'm wrong.

We don't even know what the price of the token will be when it will be listed on the 20th.