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The crypto coins have taken the world by storm. Since the Bitcoin and crypto boom in 2017, everyone wants to get their hands on these digital assets. Many investors believe that crypto coins can be worth much more than they are today.
Consequently, many people have started looking for coins that have the same potential to grow as Bitcoin. One coin that has caught the attention of many new investors is Pi. While it is not traded on the market now, many people believe the coin can see a massive change in its price.
In this article, we will give you a historical price analysis to understand the Pi coin’s price trends. We will also discuss the future price forecast for 2023, 2024, 2025, and 2030. Let’s start by going over its statistical overview of the Pi coin.
- 1 Pi Network (PI) Overview
- 2 Pi Network (PI) Price Prediction 2023
- 3 Pi Network PINetwork (PI) Price Prediction 2024
- 4 Pi Network (PI) Price Prediction 2025
- 5 Pi Network (PI) Long-term Forecast 2030
- 6 Pi Network (PI) Price Analysis
- 7 2022
- 8 Where to Buy Pi Network (PI)?
- 9 Pi Network (PI) Prediction Conclusion
- 10 FAQs
Pi Network (PI) Overview
The Pi network is a project that has the objective of keeping the mining of crypto coins accessible to the general public. Graduates at Stanford University came up with this project which allows users to mine the coins through its mobile or desktop app.
There are currently more than 33 million coins, but they are not traded on the crypto market today. Since there are no transactions or gains, calculating the actual worth of the Pi coins is challenging. Here is a statistical overview of the crypto coin to better understand its financial position.
• Pi Network Ticker Symbol: PI
• Current Market Price $0.007077
• Market cap No Data
• Price Change in the last seven days -32.62% (As of July 22nd2022)
• Price Change over the previous 24 hours -20.52 %(As of July 22nd, 2022)
• Total Trading Volume No Data
• Fully Diluted Market CapNo Data
• All-time price low: No Data
• All-time price high: No Data
• Total Supply1,378,369 PI
• Max Supply 2,941,134 PI
Since the Pi coin is currently in pre-release mode, you cannot buy, sell, or trade the coin on the crypto market. People who mined have and own the PI crypto coins can only exchange or withdraw their cryptocurrency once the mainnet blockchain is completely opened.
According to the project’s website, you cannot transfer the PI coins during the testing stage. It stops multiple accounts from accumulating coins. The balance in your wallet will be compensated once the project moves to become a live network.
Pi Network (PI) Price Prediction 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 PINetwork (PI) Price Prediction 2024
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.
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
The Pi network coin is currently unavailable for investors and can only be mined for now. So, to get your hands on the Pi coins, you need to start mining. Nonetheless, many people expect the Pi network coin to launch in the last six months of 2022.
Most people eagerly await the release date to know when they can get their hands on this cryptocurrency. You can download the Pi network app to start mining this crypto coin. Once it is released, the Pi network will allow you to buy, sell and trade this coin.
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.Read More