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Explore the future of Pi Network (PI) in our comprehensive analysis, where we delve into its potential in the digital currency landscape.
As a rising star in the cryptocurrency world, Pi Network stands out for its unique approach and growing community interest. This article presents an in-depth price prediction for 2024 to 2030, leveraging historical data, market trends, and expert insights.
Understand the dynamics driving PI’s value and discover what the future may hold for this intriguing digital asset. Join us on a journey into the heart of Pi Network’s potential.
Table of Contents
- Pi Network Price Prediction Summary
- Pi Network (PI) 2024 Financial Outlook: Price Trajectory and Analysis
- Pi Network (PI) Price Prediction 2025
- Pi Network (PI) Long-term Forecast 2030
- Pi Network (PI) Price Analysis
- Pi Network (PI) Price 2023
- Pi Network (PI) Price 2022
- Where to Buy Pi Network (PI)?
- Pi Network (PI) Prediction Conclusion
- Pi Network’s (PI) Tokenomics
- FAQs
Pi Network Price Prediction Summary
- Foundation: Pi Network was founded by Stanford graduates and launched in March 2019.
- All-Time High (ATH): Pi Network reached its peak at $307.49 on December 30, 2022.
- 2024 Prediction: Expected to trade between $55.19 and $70.24 by the end of 2024.
- 2025 Potential: Pi Network’s value could climb to a maximum of $95.32 by 2025.
Year | Minimum Price | Average Price | Maximum Price |
2023 | $30.14 | $37.67 | $45.20 |
2024 | $55.19 | $62.71 | $70.24 |
2025 | $80.27 | $87.80 | $95.32 |
2026 | $105.35 | $112.88 | $120.40 |
2027 | $130.44 | $137.96 | $145.49 |
2028 | $155.52 | $163.05 | $170.57 |
2029 | $180.61 | $188.13 | $195.66 |
2030 | $205.69 | $213.22 | $220.74 |
We’re pleased to highlight that our Pi Network (PI) price prediction for 2023 aligned closely with the actual year-end closing value, landing around the $30 mark as estimated in our minimum prediction range.
Despite 2023 being a challenging year for the cryptocurrency market, Pi Network’s performance was in line with our forecast, reaffirming our analytical approach. This accuracy underscores our commitment to providing well-researched and data-driven insights for our audience.
Pi Network (PI) 2024 Financial Outlook: Price Trajectory and Analysis
Since there is no specific date for the release of the Pi coin, it is difficult to forecast its price for 2024. Experts and analysts are still waiting for a release of data as of now. If you are currently a Pi coin holder or plan on buying it upon its launch, you would have to analyze the market situation.
The economic factors and market sentiments will play a crucial role in determining the Pi coin’s price at its launch. Nevertheless, our market research indicates a good chance the price of the Pi network coin will continue to increase in 2024.
One thing about the Pi network coin is the tremendous hype in the crypto market regarding this coin. As we have seen previously, any type of hype can significantly influence the coin’s value.
However, the market sentiments and economic conditions of that time will also impact the Pi network’s value. While there is no confirmed date for the launch of the Pi network coin, many experts believe the coin will be available in the market by 2024.
Pi Network (PI) Price Prediction 2025
Forecasting future prices for the crypto coins is difficult since there are no ratio analyses or financial statements available. As the Pi Network coin is still unavailable in the market, we don’t have the historical performance data. This data is critical in helping traders and experts forecast a value for the coming years.
Nevertheless, many believe the Pi network coin will resemble other altcoins. Its value will only boom when the community or developers make any move. Since there is an estimated circulating supply of 40 million Pi network coins in the market, it would increase market capitalization.
Pi Network (PI) Long-term Forecast 2030
Many investors have questions in mind about the possible value of the Pi network coin by the end of this decade. We can only know about it with time as the coin is launched into the market. But before that, it is impossible to tell the forecasted value of the Pi network coin by 2030.
If the coin is listed and it survives market crashes that are bound to happen, then there is a good chance it can have good value by 2030. However, the economic concept of diminishing returns will apply to the mining process since it would be no longer lucrative to mine the Pi network coins.
Moreover, there is no telling how inflation, interest rates, or other factors can impact the coin’s value. Many coin holders are still confused about the halving process of the Pi network. They are still skeptical about the concept behind it. All these factors will impact the price of the coin by 2030.
Pi Network (PI) Price Analysis
Unfortunately, there is no historical price analysis available for the Pi network coin since it is still in the testing phase. No cryptocurrency platforms allow you to buy or sell this coin at the moment. Thus, we can’t conduct a technical analysis of the Pi network coin for now.
However, we can expect to learn more about it in the future as soon as the coin is available to the general public. The developers have yet to give launch data and the coins in circulation. Since no maximum supply has been announced, it is impossible to calculate the value of the Pi network coin in the coming years.
Pi Network (PI) Price 2023
Since the Pi coin is not listed on the crypto market, it becomes a challenging task to forecast the possible value for the future. There is no saying what factors would impact the coin’s value and what developments we can expect from the network.
Experts believe that the crypto coin might see a rebound as the current bear run ends. If that is the case, the Pi coin’s price will likely follow the same pursuit as other coins. There is a good chance that the Pi coin’s price might touch an all-time high due to its high demand.
The best thing about the Pi crypto coin is that it is free to mine, and you can easily enjoy its benefits.
Pi Network (PI) Price 2022
The mining rate of PI decreased from 1.6 to 0.8 an hour after it reached 100,000 users. It then halved again to 0.4 an hour after it reached 1 million and 0.2 after it reached 10 million. The rewards will continue to halve once the network reaches a billion users.
On March 14, 2022, the development team of PI announced two new updates. One of these is the mass KYC solution, and the other is the mining mechanism that will allow more diverse rewards. These actions could enhance the value that advertisers can receive.
In August, Pi Network conducted a Twitter poll to ask its members what their friends refer to as the project. Out of the 54,722 respondents, 17% said their relatives, while 4% identified themselves as co-workers.
On 15 November 2022, Pi Network’s Twitter account passed two million followers.
Where to Buy Pi Network (PI)?
The Pi network coin has not been released, so there’s no way that investors can purchase or swap this coin. The Pi Network is transitioning from Testnet to Mainnet, so we can expect it to be available for investors to buy, sell, and trade this crypto coin.
For now, the only possible way for investors to get their hands on the Pi network is through the mobile application available on the App Store or Google Play Store. You can download the app, which allows you to mine the coins and use them when they are available to the general public.
Keep in mind that the Pi network did not have any ICOs or other types of crowdfunding. So, any sale of the crypto coin is unauthorized and does not have any association with the coin. You can stay updated with the Pi network to know when the developers will launch an ICO and release it to the public.
Pi Network (PI) Prediction Conclusion
Pi Network is currently in the Enclosed Mainnet phase, which means that the Mainnet is live but with a firewall that prevents any external connectivity. Pioneers can migrate their Pi to the live Mainnet blockchain and use it to build apps and utilities on the Enclosed Mainnet. The Open Mainnet phase, which will allow any external connectivity and exchange listing, will begin depending on the maturity of the Enclosed Network ecosystem and the progress of the network’s KYC. There is no clear timeline for the Open Mainnet launch yet.
Therefore, Pi Network (PI) is not officially released and you cannot buy it yet. However, some exchanges have listed Pi coins independently of the Pi Core team, which are not approved and are not in line with the network’s policies. The Pi Core team is calling for the removal of the coin from these exchanges and is warning users not to engage in trading at this time.
If you want to join Pi Network and mine Pi coins for free, you can download the Pi app on your phone or PC and use an invitation code from an existing user.
Pi Network’s (PI) Tokenomics
- Total Supply: 10,000,000,000 Pi tokens have been created.
- Comparison to Bitcoin: While Bitcoin operates as a decentralized digital currency, Pi Network focuses on accessible mining through mobile devices, utilizing the Stellar Consensus Protocol (SCP).
- Current Market Price: As of the latest data, Pi Network’s price is $24.98, with a 24-hour trading volume of $167,913.96.
- All-Time High/Low: The all-time high for Pi Network was $307.49 on Dec 30, 2022, and the all-time low was $0.055859 on Nov 28, 2019.
- Use Cases: Pi can be used within the Pi Network ecosystem, including attention and barter marketplaces and a decentralized app store.
- Trading Platforms: PI tokens can be traded on centralized crypto exchanges, with BitMart being the most popular for the PI/USDT trading pair.
- Future Plans: The Pi Network team plans to expand functionality, including creating an attention marketplace, a barter marketplace, and a decentralized app store.
FAQs
Let’s review the answers to some frequently asked questions regarding the Pi network.
Will Pi Network (PI) be able to hit the $1 mark by 2025?
Unfortunately, the Pi network coin is not available in the crypto market, making it difficult to tell whether or not it will be able to hit the $1 mark by 2025.
Is Pi Coin legit?
There are concrete reasons that indicate the Pi network coin is legit. However, we would still have to wait and watch once the coin is available on the major crypto exchanges.
Will PI be worth anything?
Many experts believe that there is a good chance that the Pi coin will have a good value in the future. However, there is no current estimation since the coin is not traded on the crypto market.
When can we expect to see PI on major exchanges?
There is no defined date for now when the developer will release the Pi coin on the major exchanges.
WeInvests is a financial portal-based research agency. We do our utmost best to offer reliable and unbiased information about crypto, finance, trading and stocks. However, we do not offer financial advice and users should always carry out their own research.
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