PI Network is a mobile application that allows users to earn cryptocurrency by performing simple tasks such as inviting friends, playing games, and engaging in daily activities. The app was developed by Stanford graduates and is currently available for both iOS and Android. It uses a Proof of Work system to ensure secure transactions and has a rewards system that helps users increase their earnings. PI Network is the first digital currency to be mined on mobile phones.
Features of PI Network
- Mining PI: PI Network allows users to mine PI tokens on their mobile phones.
- Rewards System: PI Network has a rewards system that provides rewards for completing tasks and engaging in activities.
- Security: PI Network uses a secure Proof of Work system to ensure secure transactions.
- Low Fees: PI Network has low transaction fees compared to other cryptocurrencies.
- Community: PI Network has a vibrant community that helps users learn and earn.
Current Market Condition of PI
At the time of writing, the current market capitalization of PI Network is not available as the mainnet of the network is not launched yet. The price of PI has increased significantly fluctuating over the past few months and currently stands at around $159.91 after dropping from $330.65 which it reached with a boom within a few days.
PI Network price fluctuation in just a few days
As of November 5, 2023, the Pi network coin is trading at $37.06.
Factors affecting the future of the PI Network
The future of the PI Network will be affected by a number of factors. These include the development of the project, adoption of the platform by users and businesses, regulatory clarity, and overall market sentiment. Additionally, the price of PI Network will also be affected by the supply and demand of the token, as well as market conditions. If the project continues to develop and grow, and the demand for the token increases, then the price of PI Network is expected to increase.
PI Price Prediction 2023
| When | Maximum Price | Minimum Price |
| November 2023 | $38.000 | $31.667 |
| December 2023 | $36.190 | $30.159 |
Pi coin is expected to trade between $30.159 and $38.000 in November and December 2023.
PI Price Prediction 2024
| When | Maximum Price | Minimum Price |
| January 2024 | $34.381 | $28.651 |
| February 2024 | $38.630 | $32.192 |
| March 2024 | $32.836 | $27.363 |
| April 2024 | $27.363 | $22.803 |
| May 2024 | $24.876 | $20.730 |
| June 2024 | $29.851 | $24.876 |
| July 2024 | $35.821 | $29.851 |
| August 2024 | $40.119 | $33.433 |
| September 2024 | $44.934 | $37.445 |
| October 2024 | $51.674 | $43.061 |
| November 2024 | $64.592 | $53.827 |
| December 2024 | $77.510 | $64.592 |
With the assumption of steady growth from now on, we have predicted and calculated the price of PI to reach 77.510 USD by the end of 2024.
PI Price Prediction 2025
| When | Maximum Price | Minimum Price |
| January 2025 | $85.262 | $68.759 |
| February 2025 | $89.749 | $64.106 |
| March 2025 | $112.186 | $90.473 |
| April 2025 | $123.555 | $95.396 |
| May 2025 | $115.169 | $87.071 |
| June 2025 | $134.202 | $94.430 |
| July 2025 | $140.787 | $107.731 |
| August 2025 | $124.944 | $106.388 |
| September 2025 | $156.180 | $106.597 |
| October 2025 | $120.225 | $88.732 |
| November 2025 | $100.281 | $82.807 |
| December 2025 | $160.323 | $108.802 |
Pi Prediction 2025: The year 2025 is expected to be much more optimistic for the network and hence with a growth of almost 250%, the price will reach from $64.106 to $160.323 in just a span of 12 months.
PI Price Prediction 2026 to 2030
| When | Maximum Price | Minimum Price |
| 2026 | $152.39 | $64.29 |
| 2027 | $107.90 | $31.13 |
| 2028 | $47.50 | $23.94 |
| 2029 | $35.04 | $12.07 |
| 2030 | $74.03 | $35.25 |
As per our Pi network price prediction and calculation, the price is likely to be for 4 consecutive years (2026 to 2029) but then the market could see a bull run and by 2030 the price of PI will reach $74.03.
FAQs
How to buy PI?
PI Network can be purchased from a number of exchanges, including Binance and Huobi Global. To buy PI, users will need to first create an account with one of the exchanges, deposit funds, and then place an order to buy PI. It is important to remember to check the fees associated with the exchange before buying PI. Additionally, users should also ensure that they have a secure wallet to store their PI tokens.
Is the PI network a scam?
No, PI Network is not a scam. It is a legitimate project developed by Stanford graduates and is currently available for both iOS and Android. It uses a secure Proof of Work system to ensure secure transactions and has a rewards system that helps users increase their earnings. PI Network is the first digital currency to be mined on mobile phones.
Although, there have been questions reports that have questioned the legitimacy of the network. It is to be noted that the mainnet of the project is not yet launched.
Is PI a good investment?
It is tough to precisely forecast the future of PI Network. Nonetheless, with its present condition and developing demand for the token, it could be a worthwhile investment for certain investors. As with any financial decision, it is essential to conduct your own research and be aware of the risks involved in investing in cryptocurrency.
How to sell your Pi tokens?
Pi tokens that you have inside your Pi app can’t be sold on these exchanges at the moment. The PI that is listed by the exchanges is not the official token, and hence can’t be deposited. It is like listing Pi coin futures, that you can trade on SPOT.
Conclusion
PI Network looks like a promising project that has the potential to be a great long-term investment for those willing to take the risk. That said, the crypto market is highly volatile and the future of PI Network is uncertain, so it is important to do your own research and understand the risks associated with investing in cryptocurrency before making any investment decisions. The price of PI Network could potentially reach as high as $ 100 or more by March 2025, but it is impossible to make an accurate prediction. As such, it is important to monitor the project and the market conditions closely before investing in PI Network.
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