Pi Coin Price Prediction 2024 – 2030

Pi Coin is unique among digital currency options. There is a lot of interest in the coin worldwide, even though it isn’t listed on any cryptocurrency or non-crypto exchanges. There is currently no market value for the Pi coin. Despite this, the Pi network’s rock-solid technological base has already drawn quite a few die-hard fans and crypto enthusiasts curious about Pi price forecasts. Let’s explore how high the coin may go by looking at Pi coin price predictions for 2023-2030 from the industry’s leading specialists in cryptocurrencies.

What is Pi Network?

Although Pi Coin yet to be traded on any exchanges, but the Pi network itself is novel. One reason is that Pi Coins is simple to mine, and the programmers have assumed that Bitcoin can be mined using a mobile device. To join the Pi network, you must acquire an invite from a member you trust and install the software.

The Pi app does not consume excessive battery life or harm the environment like other mining apps. When people strive to keep their ledger safe, it helps if they can vouch for each other.

You must launch the app and hit the lightning button once every 24 hours to begin mining the Pi Coin. Several techniques exist to expedite the mining process, and Payouts are better for early adopters. The more reliable friends you get to download the Pi app, the more money you’ll make. After three days of Pi Coin mining, you may invite others into your trusted circle to increase your profits and strengthen the Pi network.

Pi is a decentralized cryptocurrency network. The primary objective is to lower the barrier to entry for Bitcoin mining. The Pi network makes it possible to mine coins with a mobile phone app, making cryptocurrency mining accessible to the general public in a way that Bitcoin mining has not. To authenticate transactions on a distributed ledger and agree on the order in which new transactions are recorded, Pi nodes utilize an algorithm based on the Stellar Consensus Protocol (SCP), in contrast to Bitcoin’s usage of the proof-of-work (PoW) protocols.

Three to five members of the Pi node network create security groups. By forming trusting communities worldwide, security circles can curb financial crimes. All trusted Pi nodes must agree on a transaction before it can be recorded on the distributed ledger.

The Pi network goes well beyond its Bitcoin mining software roots. It’s a group of complementary services that enables you to make payments in as little as 8 seconds with a beta version of the Pi wallet. Developers may also use the Pi browser software to try and release decentralized third-party Pi apps.

Users can also participate in the Pi network by joining as nodes. But, it is now useless to you and offers no advantages. Pi nodes verify financial dealings. Only when the open mainnet becomes life and the Pi Coin is listed on cryptocurrency exchanges will the owners of Pi nodes be able to earn a reward from transaction fees.

One Pi account is limited per individual, and 25% of all Pi coins go to the Pi core team. The team recently released a closed main net, which limits Pi’s use to those already part of the Pi ecosystem. One must pass a Know Your Customer (KYC) checks to begin trading.

If you believe in the project’s long-term viability and the Pi Network’s predicted value, you may purchase a Pi node now. There are already more than 12,000 nodes in the Pi network.

Does Pi Coin Have Any Value?

How much is one unit of Pi coin now worth? As of February 2023, Pi Coin has no real value because it is not a listed token. As the Pi Network token has yet to be published on any crypto trading market, there is no available information on the network’s performance.

A select number of crypto exchanges, including Huobi, began openly displaying the value of the Pi Network to potential investors on December 29, 2022. But, as we’ve already mentioned, trading Pi coins is prohibited while the Pi network is at the Enclosed Mainnet stage.

Pi Network’s founders have yet to disclose how many coins will be circulating upon the network’s official debut. The greatest amount available is currently unknown.

History of Pi Coin Price 

The Pi network project is being carried out in stages. Phase one began on Pi Day, March 14. That makes sense, given that the network’s logo has the number. Almost one hundred thousand people were using the network as of June of this year.

A year later, with 3.5 million users, Phase 2 began. In May 2020, advertisements for Pi were introduced to raise funding. On November 25, less than half a year after Pi’s launch, the network’s total active subscribers hit 29 million. Pi coin, like Bitcoin, was created to undergo halving, in which the reward for validating new transactions is cut in half to preserve its scarcity.

When a target is attained, it is commonly halved. For instance, the Pi Coin’s mining pace was cut in half from 1.6 an hour once the network had 100,000 members. As the user base hit 1,000,000, we saw another halving to 0.4. After 10 million users were attained, the price was cut in half to 0.2.

Phase 2 of the Pi project officially launched on April 1, 2021, and people may now test Pi Node on their PCs to try out Pi Wallet and Pi Browser.

Phase 3 began on December 29, 2021.

The network’s inaugural hackathon, #BuildPi2gether, followed the Pi roadmap in the following ways:

• Inviting More Programmers
• When developing apps for an ecosystem
• To make the network more efficient,
• To assist customers and facilitate trade.

Hence, Pi presented each category’s winning projects with $100,000 in cash and 100,000 Pi coins.

Pi still needs to leave the beta stage. To answer your question, you cannot invest in Pi Coins now. Miners of the Pi Coin can withdraw or trade their coins in Phase 3 when the money is transferred to a decentralized network. Pi coins cannot be transferred between users as long as the testing phase of the currency is still active. This is done to stop spam accounts from amassing large amounts of Pi Coins. Users may only redeem their wallet balances when the cryptocurrency moves from the testnet to the mainnet and the blockchain network is completely established.

The Pi coin is not listed on any cryptocurrency exchange at this time. There is currently no set value for the coin. During Phase 3, Pi coin holders have full control over their private and public keys, limiting their cryptocurrency usage to purchases made on Pi’s peer-to-peer markets. If the Pi holders lose these keys, they cannot spend their Pi.

The Pi mining program, which doubles as a cryptocurrency wallet linked to a user’s smartphone, must be installed before anybody can begin mining Pi coins. The Pi blockchain is public; thus, third-party wallets may store Pi currencies and send transactions to it just like any other public blockchain. But developers still need to share the source code, so these steps can’t be taken.

After Phase 3, early adopters predict the Pi network’s cost will rise. Pi mining rates can be increased by establishing connections with other active miners, despite half of the coin’s mining rate.

The creators of Raspberry Pi believe that adding individual networks, such as those of family and friends, strengthens the Pi Network. Others may view this Pi Network structure skeptically, stating it resembles a pyramid scam. In contrast to those participating in MLM schemes, Pi network members can only earn coins through their social circles.

The company first began rolling out upgrades to the Pi Ecosystem’s technology and merchandise around the close of 2021. Among the ideas that have seen limited deployment is the KYC App Pilot. The KYC App Pilot is used to increase the app’s usability, boost machine automation, and kick off the Pi holder verification procedure. The Pi Block Explorer is another product of the ongoing effort to develop and innovate. Pioneers may use it to view details of past transactions, such as who sent and received money and how many Pi Coins were distributed.

With the latest version of Pi Wallet, pioneers are now alerted about blockchain-based payments they’ve received. As part of this update, we fixed an issue that prevented Android users from viewing their wallet passwords.

Several industry watchers have made Pi network price forecasts, although the Pi coin isn’t yet available for purchase on major cryptocurrency platforms. Let’s speculate on what the Pi price may be once trade begins.

That said, CoinMarketCap has shown this token’s price action. The project has been subject to extreme market volatility since its inception.

However, CoinMarketCap has only recorded its price from January 2023, when it was worth more than $240. Its value corrected slightly after that, making the token’s price action volatile, with more than a few spikes appearing.

The first major spike occurred in August 2023, pushing the token past the $50 mark. The second spike happened in March 2024, when the token’s price surpassed the $100 mark.

Since then, the token’s price has been accumulating around the $40 mark.

Can Pi Coin Be Sold?

The majority of holders of Pi network tokens who are in possession of thousands of coins are looking to liquidate their holdings. It is important to note that the actual Pi currency is not currently listed on any exchanges at this time. Moreover, because the Pi network is still part of the contained mainnet, anybody cannot determine the worth of the Pi network at this time. When the Pi coin’s mainnet is live and it is listed on spot markets, you will be able to sell any Pi coins you own.

The Pi Network team has previously said that they would not recognise any of the variants of Pi Coin that are now being traded. The team reports that the network is still contained, and they do not provide their approval to any items that are listed on an exchange. In point of fact, it has advised every exchange to delete the listings in hopes of clearing up any misunderstandings that may have arisen.

That being said, on CoinMarketCap’s official page, some exchanges have listed it. However, CoinMarketCap has clarified that these reflect the values of IOUs (I Owe Yous) and may not be transferable across exchanges.

Pi Coin Price Prediction

There is some speculation concerning the future worth of the Pi Coin, but no one knows for sure. Time will tell, and until then, we can only speculate. Millions of users and active miners are protecting the beta network of the protocol. When the network becomes life, this section will be activated immediately because it has been fully programmed.

When the Pi Network releases its public mainnet, we expect Pi Coin to have its own value. If this comes to fruition, the Pi project will offer its innovations. The Pi Network is slated to be listed on cryptocurrency trading platforms very soon. If this occurs, Pi will go up from its current zero value.

The value of highly anticipated projects often increases weeks after their debut on cryptocurrency exchanges. When everyone wants a piece of the “next big thing,” the market cap increases, which might lead to a rise in the value of the Pi Coin in the long run.

Nonetheless, it is unusual for the price to stay high for a lengthy period in such circumstances. A few days after the initial excitement fades, individuals start selling their coins to earn fast money. Time will tell if the same thing happens to the Pi Network.

Our analysis of Pi’s strengths and shortcomings and the price trends of other cryptocurrencies serving comparable purposes informed our estimate of the Pi network’s future value. We also have to think about where Pi may fit into the crypto world and the future of the cryptocurrency industry.

This is just conjecture, so please keep that in mind. Our forecast for the value of the Pi network is predicated on the expectation that the cryptocurrency would introduce its public mainnet before the end of the year.

Pi Coin Price Prediction 2024

Anyone can design programs that run on the Pi network, which is the primary objective of the Pi network, which aims to establish a decentralized crypto smart contracts network. Pi miners will serve as the network’s validators.

The Pi mainnet’s final migration will occur by December 31st, 2024. Once it arrives, the current sell pressure will likely fade. As a result, that would be an ideal moment to design the first applications to run on the Raspberry Pi. This will significantly impact the demand for Pi, even though it is doubtful that the system will reach its maximum capacity for at least a few years after the mainnet deployment.

In addition, the number of people using the system has continued to rise, leading to an increase in the token’s supply. Compared to 45 million users in 2023, 2024 has seen the user count rise to 60 million, marking a 25% increase.

Additionally, over 12 million users have completed their KYC process, and a significant portion has migrated to the mainnet. When the final migration occurs, the Pi price may rise.

However, another aspect to keep in mind is the macroeconomic condition. Pi has gone through a period of extreme volatility throughout the year, with the price charts showing massive spikes followed by significant downtrends before accumulating within constrained regions.

If Bitcoin and Ethereum can maintain key supports at higher highs, Pi and other tokens in the same niche could experience a pump. With that in mind, our conservative estimate is that the Pi price could reach close to $45 by the end of 2024.

Pi Coin Price Prediction 2025 

As we advance to 2025, we should anticipate seeing an increase in the number of developers who participate in the Pi ecosystem, a direct result of its high degree of decentralization, the cheap cost of its transactions, and the energy efficiency with which it operates. This might result in a significant increase in the Pi coin price prediction, but it all depends on the state of the cryptocurrency market.

Considering a 25% yearly rise in the number of Pi users despite the euphoria around the mainnet launch dying down, we may see approximately 75 million individuals utilizing the Pi Network, increasing the token supply further.

Another factor to consider is the overall market conditions. If Bitcoin can surge past the $100k mark that many investors hope for, the entire cryptocurrency market will follow suit.

However, this bullish scenario has to contend with the inflated supply of the Pi token. It could create a push-and-pull between bulls and bears, leading to a less-than-parabolic price action. Therefore, despite the anticipated positive market conditions, Pi’s growth could be lukewarm, pushing the token’s value up to only $50 before correction.

That said, if the token becomes even more mainstream, increased adoption could bolster the number of users’ interest in Pi as an investment asset. That could allow the Pi price to grow further.

Pi Coin Price Prediction 2030

Moving forward to 2030, multiple aspects will play a role in determining how Pi performs on the price charts.

The first factor to consider will be how well the mainnet is received and how many cryptocurrency exchanges line up to list the token. If it gets listed on major exchanges like Binance, Kraken, Coinbase, and others, it could gain massive exposure, leading to more traction for its price.

The second factor to consider will be the increase in the number of users. Given the current growth rate of nearly 25%, it is expected that by 2030, Pi Network will have more than 100 million users. This could inflate the asset’s supply, potentially creating a push-and-pull effect on the price charts.

If market conditions remain bullish, Pi could attempt to reach its all-time high from March 2024.

Is PI Coin a Scam?

Pi Coin potential investors sometimes wonder if their investment will be scammed. Unlike other cryptocurrencies, Pi currency cannot be traded for goods or services at this time, therefore this is a legitimate concern. There’s also the mystery of what’s taking so long for the project to hit the markets.

Many Pi coin investors are currently (temporarily) out of pocket, and the crypto’s value is more hypothetical than objective. But, from what we have seen so far, We believe PI coin to be a legit venture. This is because developers have committed to releasing it on decentralized marketplaces by the summer’s end.

The project currently has one of the most active communities online. The fact that the developers have always responded to these users shows that they are eager to advance the product. The initiative has shown no red flags in its brief history that would indicate it is a hoax. This proves that the PI currency is not a scam.

What is the Future of the PI Coin?

Whether Pi Network is an endeavor with good intentions or fraud is still being discussed. If it is a fraud, it is not a classic one in the style of a ponzi scheme because users are not spending their money; rather, they are putting effort into their smartphones to get rewards.

The organization has come under fire for allegations that it exploits its community by engaging in the sale of advertising to reach these 36 million people. The platform Twitter shared this information on May 19, 2022, when the news was made public. Since then, there have been no more reports or information on the overall number of “pioneers.”

The Pi Network has maintained its stance that it is neither conducting an initial coin offering (ICO) nor a crowdfunding sale and coins generated on the contained mainnet are kept inside the Pi Network ecosystem.

On March 11, 2022, the creators said that the pioneers would be given time during the Enclosed Network period to pass the KYC verification, make adjustments to the mainnet, and add new apps. They stated that “the Enclosed Network time is in keeping with Pi’s vision of a utility-based system and its iterative methodology.” They still need to specify when the system will become open.

When more than a year had passed, on March 14, 2023, Nicolas Kokkalis, one of the co-founders of Pi, announced that the platform was seeking to move the accounts of users who had completed KYC checks to the mainnet, which over 12 million users have done already.

With the project now gearing up for the release of its mainnet, investors must pay attention to which exchanges list it, as both the token’s fundamentals and the type of exchange it is listed on will play a role in directing its price action.

Is Pi Coin the Best Cryptocurrency to Invest in?

Although Pi Coin is an exciting idea with a lot of promise, it is still unavailable for purchase, making investment in it unfeasible. For better view of the project, we have to wait till the beginning of next year to see where the price of this token heads. 

Meanwhile, investors should also be looking at other investments, particularly those that offer early-moving opportunities and a chance to generate profits both in the long and short term.

One of the best investments among them right now is Flockerz.

Flockerz is a meme coin with a unique utility driven by its decentralized autonomous organization. People can not only vote on this project through staking to decide how it transforms in the future, but it also establishes a robust vote-to-earn ecosystem.

These perks align with Flockerz’s main ethos of making the meme coin space more decentralized, which is communicated through its lore involving a “King Birb.”

King Birb was a hen, an investor who focused solely on one asset, Bitcoin. However, as the token became more volatile, his kingdom began to burn. Not willing to give up, King Birb decided to embrace his degen side and distributed his power of investment to his subjects. This marked the beginning of Flocktopia, a degen ecosystem where everyone had equal powers, leading to a flourishing kingdom.

This lore-based decentralization is consolidated through the Vote-to-Earn mechanic. It may bolster support for this token, and more users might find it worthwhile to evolve the ecosystem.

Furthermore, the token can leverage its meme-based aesthetics to grow in value in the short term. Therefore, for those looking for a good alternative to Pi, Flockerz could be an interesting investment opportunity.

Conclusion

During the entirety of this guide, we have taken a comprehensive look at the Pi Coin project, presented our prognosis for the price of Pi Coin, and explored another cryptocurrency project that holds immense promise. It is vital to remember that the Pi Coin project has not allowed any listings and has instructed users not to participate even if the price of Pi Coin ‘IOUs’ is now increasing on several different exchanges. 

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