Pi coin is different from other cryptocurrencies. You can only mine it, and it isn’t available for trading on any exchanges yet. Despite this, Pi coin has attracted a lot of attention globally. The strong technical foundation of the Pi Network has already drawn many dedicated fans and cryptocurrency enthusiasts. They are keen to know about Pi’s future price predictions. Let’s talk about the Pi Network and look at expert predictions for Pi coin’s highest prices from 2024 to 2030.
What is Pi Network (PI)?
The Pi Network is a unique cryptocurrency project aimed at making mining accessible via a mobile app. Users can mine Pi coins by engaging with the app daily and inviting others. Unlike Bitcoin’s proof-of-work, Pi uses the Stellar Consensus Protocol for transaction validation through security circles of trusted members. The Pi Network offers an ecosystem with a test wallet for quick payments and a browser for decentralized app development. With over 222,099 nodes, the Pi Network emphasizes security and community trust to prevent fraudulent transactions.
Pi Network History
The Pi Network project, launched on March 14, 2019, has grown significantly, reaching 29 million users by November 2020. To preserve scarcity, Pi coins undergo halving at specific milestones. As of April 17, 2024, the Pi coin was priced at $36.69. In March 2024, the coin’s price spiked from $37.76 to $117.83 before falling to $43.25. April saw a low of $0.1794 on April 7, but the price rebounded to $35.71 by April 16.
Pi Network Price Prediction
Since the Pi cryptocurrency has yet to be formally released, experts remain cautious about predicting its price. The lack of price history complicates analysis of its market response, leading many to rely on speculation. Accurate predictions require evaluating Pi’s use case, current holders, the development team, and future potential. Few platforms discuss Pi’s price predictions, but some experts have begun sharing their views on its expected value for 2024-2030. Let’s explore these predictions.
Price Prediction of Pi Coin in the Coming Years
Pi Network Price Prediction 2024
In 2025, the Pi Network aims to create a decentralized innovative contract platform for building applications, with miners acting as validators. Currently, in an accumulation phase, the Pi token shows reduced sell pressure. The launch of the Pi Open Mainnet is pending final adjustments, which is expected to increase the user base and token demand due to growing decentralized applications (dApps). Similar to Ethereum’s historical growth, Pi’s price, currently at $31.46, could reach between $18 and $58 by year-end.
Pi Network Price Prediction 2025
In 2025, the Pi Network could see significant developer interest due to its decentralization, low-cost transactions, and energy efficiency. This growth in developer activity could drive up the Pi Network’s price, depending on the crypto market landscape. However, ongoing token emissions until the open main net launch and beyond could outpace user growth, potentially negatively affecting token price. Considering these factors, our 2025 price prediction ranges from $28 to a high of $73 for Pi Network.
Pi Network Price Prediction 2030
Looking ahead to 2030, the Pi Network is expected to reach its token cap as it aims for 100 million users. Whether mining rewards will continue or change remains to be discovered. Analysts predict global cryptocurrency growth at about 11.1% annually. If Pi Network grows slightly over half of this rate, its price could range from $35 to $98 per coin by 2030. While predicting cryptocurrency prices is uncertain, Bitcoin’s performance often impacts other popular altcoins.
Buy Crypto Coins
While Pi is not yet available for purchase, its high user base suggests it may be listed on major exchanges in the future. Currently, Pi Coin’ IOUs’ are listed on exchanges like Huobi and XT.com, although the Pi Network has cautioned against purchasing them. MEXC, established in 2018, is a cryptocurrency exchange used by over 10 million people in 170 countries. It offers both spot and futures markets, with a notable feature being a 0% spot trading fee for all users, which is rare in the industry. MEXC was developed by banking industry experts and supports up to 1.4 million transactions per second.
When Will Pi Coin Launch?
Pi Coin’s Open Mainnet is anticipated to launch in 2024, with speculation pointing to a potential timeframe between March and June, specifically in Q2. The Pi Network team announced their plans for the Open Mainnet in a blog post on December 27, 2023, emphasizing that this phase will unleash the full potential of the Pi blockchain. So, an exact launch date has yet to be confirmed.
Is a Pi Coin Worth Anything?
As of now, Pi coins will not be tradable until the mainnet launches. Some exchanges offer Pi IOUs, which are essentially promises to repay borrowed funds. The price of Pi coin IOUs has decreased by 37.81% over the past year, providing a potential insight into the future trading value of Pi coins, but it’s not a guaranteed indicator of their actual value.
Is the best cryptocurrency to invest in right now?
While Pi Coin is an intriguing project with potential, it is currently only available as an ‘IOU,’ meaning you can only invest in Pi Coin directly if you join the network and mine it. However, another early-stage project has emerged as a standout in this year’s crypto presales: the 99Bitcoins token. This token is from the well-known educational platform 99Bitcoins, which has established itself as a trusted resource in the cryptocurrency space.
The 99Bitcoins token adopts a learn-to-earn model, rewarding users with $99BTC for engaging in educational activities. This approach promotes crypto literacy and provides real-world utility, as tokens can unlock unique content within the 99Bitcoins ecosystem. To encourage engagement, 99Bitcoins is launching an airdrop on July 19, 2024, distributing $99,999 worth of Bitcoin to 99 early supporters of the $99BTC token. Participants can join by signing up on their platform, following social media channels, and referring friends, aiming to boost initial participation and reward the community’s early adopters.
Comparing Price Predictions and Investment Potential
By the end of 2024, the 99Bitcoins token ($99BTC) is expected to reach $0.004, potentially climbing to $0.0088 by 2025 and $0.045 by 2030, driven by exchange listings, Bitcoin halving, and platform developments. In comparison, Pi Coin may reach $58 in 2024 and $98 by 2030, a 69% increase. Meanwhile, 99Bitcoins could see a 1,025% growth, making it a compelling investment due to its strong educational foundation, community engagement, and significant potential appreciation compared to the slower-growing Pi Coin.
Conclusion
In this guide, we’ve examined the Pi Coin project, provided a price prediction, and discussed a promising alternative crypto project. While Pi Coin’s IOUs’ have surged on various exchanges, it’s important to note that these listings are unauthorized, and the project advises against participating. However, those interested in investing in Pi can buy ‘IOU’ tokens from trusted exchanges like MEXC in preparation for the Open Mainnet launch later this year.
