Pi is an unusual case in cryptocurrency. It has attracted a lot of interest and attention, but you can’t buy it anywhere. Pi has not yet been listed on any cryptocurrency or non-crypto exchanges. The only way to obtain it, at least temporarily, is to mine it.
Although the Pi coin does not yet have a price, it has many dedicated supporters. The project’s simple premise as well as its solid technical foundation have attracted quite some crypto enthusiasts. Pi has an active user base and continues to grow exponentially every day.
The main question is: Will the Pi coin ever be listed on exchanges, giving its owners the chance to cash out? What price will users get for their newly mined Pi crypto if it does?
This article is not intended to be an investment advice.
Information about the PI Coin
Project namePI networkStock SymbolPIAsset TypeTokenNetwork typeBlockchainLaunch date14 March 2019Official Websitehttps://minepi.com/
Review of Pi Coin
Pi is a unique project. Pi has gained notoriety despite not being listed yet. It is also well-known for its simplicity of mining. The Pi coin, according to its developers is the first cryptocurrency that can entirely be mined on a mobile phone. You just need to download the Pi network application and receive an invitation code form one of the trusted members.
Open the app once per 24 hours to earn the Pi cryptocurrency. Click on the lightning button and start mining. You have several options to increase your mining speed. For a small bonus, you can invite trusted family members and friends to the Pi app. You can also increase your security circle after three days of mining to increase your earnings and the overall security of Pi network.
Referring active miners to the app will increase your earnings by 25%. Invite 3-5 people to your trusted circle to increase your mining speed.
The Pi app doesn’t drain your energy in the same way as other mining apps and is very eco-friendly. As they work together to ensure its ledger is secure, it benefits from their cooperation.
Pi network isn’t just a mining application: it has evolved to include a whole ecosystem that provides related services. A test version of the Pi wallet is available, which allows for fast payments of up to 8 seconds. Developers can also use the Pi browser app to launch third-party Pi apps.
Pi nodes can be chosen by users. However, this requires a lengthy selection process and doesn’t offer any benefits at the moment. Pi nodes verify transactions so that when the open mainnet launches and the Pi coin goes on exchanges, owners of Pi nodes will be eligible for a cut in transaction fees. It is a smart idea to start your own node if you believe in the project’s future. It is important to note that electricity is required for the operation of a Pi node. Recenty, there have been more active Pi nodes than 12,000.
One Pi account is allowed per person. 25% of all Pi coins has been allocated to the Pi core group. Pi has just launched a closed mainnet. This means that only members of the Pi ecosystem are allowed to trade, buy, and sell Pi coins. To buy or trade Pi coins one must first pass KYC verification. The selection is random. The Pi network team plans to conduct a mass KYC verification shortly and expects that its users will be finished by March 2022.
Today’s Pi Network Price
Pi’s current price at $0 is because it hasn’t been listed yet on any cryptocurrency exchanges.
Experts Predict the Pi Network’s Price for 2022
Many experts are cautious in their predictions of the Pi network’s price because this cryptocurrency’s future is unpredictable. We don’t have a history of the Pi coin, nor can we analyze how it reacts to price changes in the crypto market or Bitcoin. We don’t have any market cap or all time high to use in our price prediction.
So, what’s left? In such cases, experts are forced to resort to speculation. It is impossible to do a complete fundamental analysis. The true value of an asset is determined by its potential and current use cases, future potential, team behind it, and other factors. These factors can play an important role in determining an asset’s value, depending on what asset it is. Pi’s case is unique because it’s impossible to know the exact number of people who will hold the coin after it goes live.
These are the thoughts of crypto experts regarding the expected value for the Pi network coin.
Capital
Capital focuses on the viability and potential success of the Pi network’s open mainnet. Their outlook is very positive. Capital cites the Pi coin’s viability, which includes its Pi browser, Pi wallet, and the various activities that the project’s team organizes to benefit the community.
They can’t predict the actual price of Pi coins, but they do say that its popularity will determine its value — something that is difficult to predict.
Currency.com
Currency.com doesn’t make predictions about the price of Pi coins. They emphasize how difficult it is to predict Pi value. The dev team declined to answer any of their questions including “Will user data ever be used for financial gain?” Although this does not necessarily indicate that the project is fraudulent, it is an alarming sign.
DigitalCoinPrice
DigitalCoinPrice is the only source that can accurately predict the price of Pi coins. They believe it will reach $0.009 by 2022, and $0.015 by 2025.
Crypto Experts
Pi is not yet listed on any data-based prediction service like Trading View. Therefore, they don’t make any price predictions for it. Wallet Investor, however, lists Pi’s current price at $0.007077, and provides a 1-year prediction of its price of $0.000001. These figures were not updated since 2017, so further data is required to provide a more accurate forecast.
CoinMarketCap lists the current value of the Pi coin as well as a supply number. There are currently 0 Pi coins in circulation.
Pi Coin Price Prediction 2022-2027
It seems probable that the Pi network will be listed on exchanges during the second half 2022. If this happens, the Pi coin’s price will rise to $0 for the first-time.
When a well-known and popular project is listed for the first times, the price of the project usually skyrockets within a few days or weeks. The market cap and Pi value will rise as people rush to purchase into the next big thing. These price rallies are not sustainable. In many cases, cryptocurrency crashes within days of the initial mooning. This is because people try to sell their coins to make quick profits.
It is now a question of whether the Pi coin will be the same.
We looked at Pi’s strengths, weaknesses, and the price history for cryptocurrencies with similar uses cases in our Pi network price prediction. We also needed to look at the future of the crypto market and how Pi might fit in the crypto sphere over the next years.
This is speculation only. This Pi network price prediction is based on the assumption, that the cryptocurrency will launch an open mainnet as planned in June 2022.
Pi Coin Price Prediction 2022
We believe that Pi’s price would follow the same trends as many altcoins, and that this cryptocurrency will see a rally in 2022. The Pi coin could be listed on exchanges by July 2022 if the open mainnet launches as planned.
Pi Coin Price Prediction 2023
2023 could be the year when the crypto market recovers from the bear market. Pi coins are likely to follow any market booms, so 2023 could see their price rise to new all time highs.
The Pi cryptocurrency can also benefit from the hype surrounding crypto. It is easy to use, has no cost to mine and can be promoted on Pi Day if there is a lot of hype in the early spring 2023.
Another thing to consider when predicting the future price of Pi coins is that it can be very lucrative for businesses to adopt it — it matches Elon Musk’s criteria for a cryptocurrency that could become a payment method in Tesla.
Pi Coin Price Prediction 2024
Pi crypto’s price prediction for 2024 says that it will continue to climb. We have already mentioned that any hype within the crypto community can greatly help this digital currency, driving up its price.
Pi will not become a profitable investment if the market doesn’t recover and remains at its current level. However, it could still be a good option for investors. It is worth noting that if you acquire it for $0, any Pi crypto price will make you a profit.
Pi Coin Price Prediction 2025
What will Pi’s value in 2025? If everything goes according to plan, the cryptocurrency will likely stay roughly at the same level for a while as other altcoins. In this scenario, Pi won’t rise unless the market explodes or it is pumped by developers or the community.
Pi’s price could rise to $1 if it is noticed by celebrities or big businesses. This would place its market cap at roughly the same level as the current market capitalization for XRP (at the current estimated supply of 40M which will only rise with time).
Pi Coin Price Prediction 2026
The Pi coin price prediction for 2026 says that the cryptocurrency will reach new heights. We expect this project to gain more attention over the years, so it is only normal that its price will go up.
Pi Network’s mobile-first approach will be a benefit in the future. The digital world is gradually switching to smartphones and tablets instead of PCs. Although it’s almost impossible to predict the future price of the Pi coin or make a prediction about its price, it’s clear that the Pi coin has the potential to be a leading digital coin.
Pi Coin Price Prediction 2027
What will happen to the Pi network over the next five years? Only time will tell. If everything goes according to plan and the coin is listed as expected, and if it survives any crashes that may follow, then this digital currency could survive until 2027 and become profitable for its owners. Pi mining is completely free so any profit you make selling the cryptocurrency can technically be considered a profit.
There is a chance that Pi mining could become unprofitable in the near future. Anyone who has tried to mine coins knows the diminishing returns. It is unlikely that the relatively low initial investment cost to mine the Pi coins will offset inflation and the halving of the number of miners.
Will we ever be able to buy Pi Coins?
Most users who have tried to mine Pi coins want to know the answer to this question. If the team behind this project is to be believed then there will come a day when this cryptocurrency will be listed on exchanges and the Pi network value will increase above $0.
Many people doubt that this will be true. There are many scammers in crypto, so it is difficult to know if the project you are betting on will deliver on its promises. Is the Pi coin safe to use?
A few factors point to the Pi network being an actual project managed by real crypto enthusiasts. These are just a few:
The team has not yet launched an initial coin offering, and it insists that it will not do so in the future. ICOs are often the best way for small cryptocurrencies like cryptocurrencies to get the money they need. However, the names and faces of the developers have been revealed. Two Stanford University professors are the core team, making the project more reliable. The Pi network and its ecosystem have been developed by the team.
The Pi network team can make money from this project in other ways, including selling user data. Users will not be saved by the launch of an open mainnet or listing on exchanges. The Pi network could still turn out to be a complex pyramid scheme. This is made more probable by the fact that one must have a referral code in order to gain access to the project and the bonus of receiving bonuses for inviting more people.
Experts and users seem to agree that the project is real, but you should still DYOR before entrusting your personal information to it.
Last Thoughts
Pi Network is an interesting project with a lot to offer. It boasts a committed community, a passionate team of developers, and a solid technical base — all the hallmarks of a promising cryptocurrency.
If you are confident that the project won’t leak your data, you can still mine Pi coins side-by-side. It’s completely free. It’s possible that it will be adopted by Tesla, making it the next media sensation, and bringing millions in profit to its owners. We will only know the outcome when it is ready.
While we wait for Pi Network’s listing on crypto exchanges to happen, you can still invest in any of the 200+ cryptocurrency listed on Changelly.
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This article is not meant to be interpreted as a trading recommendation. High volatility and occasional arbitrary movements are common in the cryptocurrency market. Although price analysis can be a useful tool for predicting the future performance of investment instruments, it shouldn’t be used as a predictive tool.
Pi Network (PI), Price Prediction for 2022-2027 Cryptocurrency News & Trading Strategies – Crypto Blog By Changelly.
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