Do you want to know the Pi price prediction for 2023 to 2030? We have analyzed the Pi coin based on its technical analysis and fundamental analysis.
After reading this article, you will have better clarity on what phase is Pi Network now and its future growth potential.
Understanding Pi Coin
The Pi Network, founded in 2018 by Stanford University academics Nicolas Kokkalis and Chengdiao Fan, has revolutionized the world of cryptocurrency.
With its innovative approach and unique Stellar Consensus Protocol, Pi Network offers users an opportunity to mine and earn the Pi cryptocurrency.
User Types on Pi Network
Pi Network caters to different types of users who contribute to the growth and stability of the network. Let’s take a closer look at the four user categories within the Pi Network ecosystem:
- Pioneers: Tapping into Success
Pioneers are individuals who mine Pi by tapping the lightning button on the app. As of 5 January 2023, there were more than 35 million Pioneers actively participating in the Pi Network. These dedicated users contribute to the network’s overall strength and play a vital role in its success.
- Contributors: Building Trust and Incentives
Contributors on Pi Network play a crucial role in establishing trust and reliability within the network. They provide a list of trustworthy users, known as pioneers, to the network. In return for their valuable contribution, contributors receive incentives and rewards, further enhancing their involvement in the Pi Network community.
- Ambassadors: Spreading the Word
Ambassadors act as brand advocates for Pi Network. They actively promote the network and bring new users on board by sharing their unique referral codes. As ambassadors introduce new users to Pi Network, they not only contribute to its growth but also earn additional benefits for themselves.
- Nodes: Empowering the Network
Nodes are participants who utilize the Pi node software on their home computers. By running this software, nodes support the decentralized nature of the Pi Network and ensure the network’s stability and security. These dedicated individuals play a significant role in empowering the network and maintaining its integrity.
Pi Current Market Outlook
Pi Historical Price Performance
This week, pi-network-iou is continuing its positive momentum, which might be an opportunity to invest if you are considering buying pi-network-iou. However, do take a look at the technical analysis before confirming the trend.
Pi Market Sentiment
Pi Network Future Outlook
The Pi Network is yet to disclose the exact number of coins that will be in circulation upon its official launch. The maximum supply of Pi is still to be determined, keeping investors and enthusiasts eagerly awaiting further updates.
In a significant development, on 29 December 2022, Huobi Global, a crypto exchange, made an announcement regarding the listing of PI. The impact of this news was immediately felt in the market, as the price of PI experienced a remarkable surge within a mere 24 hours.
According to data from CoinGecko, the PI price skyrocketed by an impressive 461.3%, climbing from $44.03 to $232.97 on 30 December 2022.
This exponential growth in value not only caught the attention of investors but also demonstrated the growing demand and interest in the Pi Network token. Additionally, users were provided with alternative platforms to trade their Pi Network tokens, including XT.COM and BitMart, broadening the availability and accessibility of the cryptocurrency.
The Pi Network’s creators’ decision to withhold the specific coin circulation information, along with the surge in PI’s price following the listing announcement on Huobi Global, adds an air of anticipation and excitement to the cryptocurrency landscape. As the Pi Network continues to evolve and gain traction, it will undoubtedly captivate the attention of cryptocurrency enthusiasts and investors alike.
The future of the Pi coin remains uncertain, as the Pi Network strives to create a platform where anyone can mine cryptocurrency and increase accessibility to blockchain technology.
However, the project has faced its fair share of controversies. The incentive structure heavily emphasizes recruitment, and miners are rewarded with a native cryptocurrency that currently holds no tangible value. Given the speculative nature of this cryptocurrency venture, investors are advised to proceed with caution and exercise due diligence.
Pi Price Prediction: Quick Summary
Here is a quick view of the Pi Price Prediction quick summary view if the Pi Coin is launched as expected.
The issue with the Pi coin lies in the fact that the exact circulating supply or maximum supply is unknown. so we have to just go with certain assumptions to come up with a prediction.
Pi Price Prediction 2023
Based on our predictions, the launch price of the Pi coin can be range bound between $0.18 and $3 in 2023.
Pi Price Prediction 2025
As per Pi price prediction with some assumed numbers, the value of Pi Coin may reach around $5 in 2030.
Pi Price Prediction 2030
The future of the Pi Network landscape will heavily depend on real-world use cases and innovative approaches. We predict if all goes as expected Pi Coin could hit an all-time high of about $8 by 2030.
Pi Price Prediction 2040
It would be really early to say how this would perform a decade away from now but if all goes in favor of Pi then it could touch a value of $9.60 by the year 2040.
Pi Price Prediction 2050
An optimistic approach on the max supply number gives us the best estimate that Pi Coin could be in ranges between $9 and $12 by 2050.
Is Pi Coin a Good Investment?
Pi Network has the potential to be a promising investment if everything goes according to plan and cryptocurrencies become more mainstream.
With its innovative approach to mobile mining, secure transactions, and a growing community of users, Pi Network is positioning itself as a player in the evolving cryptocurrency landscape.
As the network continues to develop and gain traction, there is a possibility that investing in Pi could yield positive returns. However, it’s important to note that the cryptocurrency market as a whole is still evolving and carries inherent risks.
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What Phase is Pi Network Now?
The answer is based on the Pi Network Roadmap it is close to the end of the third phase right now. Let’s understand all the phases in detail.
Pi Network roadmap is divided into three distinct phases: Beta, Testnet, and Mainnet. Each phase has brought significant developments and advancements to the network, engaging millions of users worldwide.
1) Beta Phase: Fostering Growth and Security
During the Beta phase, which commenced in December 2018, Pi Network launched its mobile app, providing an opportunity for early users known as Pioneers to contribute to the future Pi blockchain’s growth and security while earning mining rewards. Pioneers actively participated in creating security circles that formed the trust graph essential for the Consensus algorithm.
The mobile app operated on a centralized Pi server, facilitating community expansion and enabling the implementation of technical features.
On Pi Day, March 14, 2019, Pi Network celebrated its official launch, making the mobile app accessible via the iOS App Store and Google Play Store. The Pi Network rapidly gained traction, attracting over 3.5 million engaged Pioneers across 233 countries and regions. The active community engagement through the app and chat fostered a strong sense of community among the users.
2) Testnet Phase: Enhancing Performance and Building Ecosystem
The Testnet phase, initiated on March 14, 2020, marked a significant milestone for Pi Network. During this phase, individual computers were empowered to run the Pi Testnet using the Test-Pi coin.
The network boasted over 10,000 fully functional community Nodes, with an additional 100,000 daily active Nodes eagerly awaiting their turn to contribute to assessing the blockchain’s performance, security, and scalability. Pi App developers had the opportunity to test their applications against the Pi Blockchain.
Numerous iterations of the Node software were released, accompanied by the introduction of the Pi Platform, which encompassed essential components such as the Wallet, Browser, Brainstorm, and developer tools. The Pi Browser witnessed the rollout of a pilot version of the KYC app, and the project organized its first-ever worldwide online Hackathon, attracting thousands of participants.
Amidst these developments, the Pi mobile mining app continued to captivate millions of Pioneers, while the Pi Browser and SDK empowered the community to create utilities and nurture the Pi ecosystem.
The Testnet phase played a pivotal role in preparing Pi Network for the transition to a decentralized blockchain and establishing a robust ecosystem around the Pi platform.
3) Mainnet Phase: The Decentralized Blockchain Era
The Mainnet phase is the most important stage in Pi Network’s progress. In December 2021, a significant achievement was reached when Pi Network’s Mainnet became operational. This milestone triggered the transfer of Pi tokens from the earlier phases to the Mainnet.
Divided into two distinct periods, the Mainnet phase aims to ensure a seamless transition and maximize user benefits:
The Enclosed Mainnet Period:
During this phase, characterized by a firewalled network, users have ample time to complete their KYC verification and migrate their Pi tokens to the live Mainnet blockchain.
Participants can freely utilize their Pi tokens within the closed network, engaging in transactions to purchase goods and services offered by Pi apps.
This period facilitates the expansion of the user base by enabling more Pioneers to pass KYC, build and deploy Pi Apps, transition existing Pi Apps from the Testnet to the Mainnet, and refine the Mainnet ecosystem through iterative modifications and adjustments.
And the completion of this Mainnet phase should give us some value for the Pi Coin in USD equivalent.
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Is Pi coin listed on crypto exchanges?
No Pi coin is not yet listed in any of the exchanges however it is very close to finalizing its final phase and once we have a clear value determined for Pi Coin it is expected to get listed in some popular crypto exchanges for sure.
Where Can I Buy Pi Coin?
As of now, there is no circulating supply of Pi Coin and it is not available to be bought from the open market in any crypto exchanges. However, you can mine Pi Coins using the Pi Network mobile App.
It is the first crypto current that you can actually mine from your phone.
Can Pi coin beat Bitcoin?
Though a very distinct possibility Pi has the right ingredients to beat Bitcoin however it would take a major community and vast adoption in the coming decade.
Can Pi coin reach 1000 dollars?
As of now, we don’t anticipate for Pi Coin to touch the $1000 mark at least in the coming decade.
Can Pi coin reach 100 dollars?
Yes, there is a potential for Pi to reach the $100 mark but we do not know for sure on the time horizon as there is no limit on the supply of these tokens.
Can Pi coin be converted to Bitcoin?
Yes once it becomes available on major crypto exchanges it can be covered by bitcoin or any other supported crypto coins.
Can I sell my Pi coin now?
No, you cannot sell your Pi Coin now as it is not available in the open market or any crypto exchanges.
What will Pi be worth in 2025?
As per Pi price prediction with some assumed numbers, the value of Pi Coin may reach around $5 in 2030.
Disclaimer - Please note that these predictions and analyses are for informational purposes only. We recommend our readers conduct in-depth research before investing in any cryptocurrency and follow risk management techniques due to the highly volatile nature of the crypto market.