Pi Coin Price Prediction 2023,2025 | The Future of Cryptocurrency

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Introduction

Welcome to our comprehensive guide to Pi Coin Price Prediction, the revolutionary cryptocurrency poised to reshape the digital landscape. We examine the intricacies of Pi Coin, its underlying technology, and the reasons why it has the potential to be a game changer in the crypto market. Join us as we explore the unique features and benefits of Pi Coin and how it stands out from its competitors.

What is Pi Network and Pi Coin?

The Pi Network is a platform developed by Stanford PhDs that was launched on March 14, 2019, also celebrated as Pi Day. This innovative platform enables users to engage in digital currency mining directly from their smartphones.

More technically, the Pi Network is a revolutionary cryptocurrency that operates on the Stellar Consensus Protocol (SCP), which allows for fast transactions at low cost while also having no harmful impact on the environment. Unlike Bitcoin and Ethereum,  mining and maintaining Pi does not require powerful computing equipment.

The terms “Pi Network” and “Pi coin” are often used interchangeably. However, the Pi Coin, also known as the Pi Token, is the Pi Network’s native token used for transactions on its blockchain.

Also, read:

Fireside Forum: The Official App for Earning and Spending Pi Coins

Currently, the Pi network is in the connected mainnet phase and is likely to launch its open mainnet soon (discussed in detail later).

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Is the Pi coin listed on Binance or other crypto exchanges?

No, Pi Coin is not officially listed on any cryptocurrency exchange. Additionally, individuals have the ability to track the live price based on the Pi Network’s IOU on popular platforms like CoinMarketCap as well as on various well-known exchanges including Binance, BitMart, and others.

You may be wondering how Pi got a price if it is not listed on crypto exchanges for trading. In fact, the live Pi coin prices you see are the values of the IOUs rather than the actual price.

IOU stands for “I owe you.” In the context of cryptocurrencies, an IOU is a token representing an asset or currency that has not yet been delivered to the purchaser. These are often used as an alternative to cryptocurrencies that are not yet listed on an exchange.

It is worth noting that while Popular cryptocurrency exchanges like Binance , Kraken, and Coinbase do not allow Pi trading, a few exchanges such as BitMart, SuperEx, and Huobi Global do. The official tweet from Pi Network about PiCoin listing on crypto exchanges

 

What is the current price of Pi coin?

As of the last update, the Pi coin price is $20.63. However, it should be noted that this value is the IOU value, not the actual value. As mentioned earlier, the actual value of PiCoin before the launch of the public mainnet is still $0.

The IOU-based value of Pi can be considered as an indicator of the true value and Pi fans can track the market sentiment of the mobile-minable crypto by analyzing the Pi Coin Price Prediction charts and tools based on the same price. .

Also, read:

Pi Coin: The Future of Cryptocurrency

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The Future of Pi Coin

1. Strategic Partnerships and Integrations

Pi Coin actively seeks collaborations with established companies and platforms to expand its reach and utility. By integrating Pi Coin into existing ecosystems such as e-commerce platforms or payment gateways, the cryptocurrency aims for wider adoption and more opportunities for users to efficiently use their Pi Coin holdings.

2. Improved features and functionality

The development team behind Pi Coin is constantly working on expanding the features and functionality of the cryptocurrency. This includes the introduction of new tools, services, and applications that take advantage of the full potential of Pi Coin’s blockchain. These improvements will further solidify Pi Coin’s position as an innovation leader in the cryptocurrency space.

3. Adapt and recognize the growing market

With its unique advantages and passionate community, Pi Coin is poised to increase market adoption and recognition. As more people realize the value proposition of Pi Coin, its demand and utility will increase. Through continuous growth and innovation, Pi Coin aims to establish itself as a strong player in the global digital economy.

New Predictions about Pi Network’s Native Coin

Before proceeding, we urge you to subscribe to our channel with goodwill and help us increase it, allowing more pioneers to see our content. If you are a true lover of the PI network, please “PI Network on the moon!” In the comments section. Now, let’s go back into the video.

Since 2018, users have been mining PI using their mobile devices only thanks to the PI network blockchain, which developers have specially designed for this purpose. In this video, we will find the future direction of this project, in which you are full of valuable PI network information that you may not want to remember.

In the following video, we will discuss the expected price of 1000 pi coins in the year 2025. The PI network is a new network project based on the latest cryptographic standards, which has separated it from other cryptocurrencies like Bitcoin and Ethereum that are continuing rapidly. Central. The purpose of the PI network is to be accessible to all users and is fully run by Stanford University students. This depends on mobile technology to enable mining on mobile devices.

How to Recover Pi Network Account?

The firewall will be removed in an open network (open mainnet), and pioneers will be able to connect to other blockchains and run various API services. Simply put, this phase will enable investors to trade Pi for profit or as a long-term investment. This step will also introduce the value of the Pi coin.

According to the latest Pi Network white paper (December 2021), the open mainnet was expected to launch on or around March 14, 2022, or June 28, 2022, if the connected mainnet had reached sufficient maturity. However, we can see that OpenMint is not live yet and there is no announcement from the PCore team about the new date.

Thus, it is clear from the roadmap that the PI network has already passed through two of the three phases and is very close to the end of the third phase. The end of this phase may introduce a fiat currency value to the Pi token.

What is the expected launch price of the pi?

Discover the ultimate Pi Coin Price Prediction guide for 2023, 2025, and beyond. In 2023 the price of the Pi coin could reach a maximum of $2 and a minimum of $0.15 if launched as expected. The launch price of Pi Coin is predicted to be between $0.5 and $2.

Pi Network’s: Stellar Consensus Protocol

Based on the Stellar Consensus Protocol (SCP) and an algorithm known as Federated Byzantine Agreement, Pi leverages an alternative class of consensus algorithm (FBA). Such algorithms do not waste energy, but for nodes to “consensus” or agree on what the next block should be, they need to exchange many network messages.

Using cryptographic signatures and transaction history, each node can independently decide whether a transaction is valid or not, such as the option to transfer and double spend.

As Pi miners, users can play four different roles. ie:

• Pioneers—only verify on a daily basis that they are not “robots” as users of the Pi smartphone software. Each time they log into the app, this user verifies their identity—in addition, they can use the app and make transaction requests (such as sending money to another Pioneer Pi )
  Collaborative. A Pi mobile app user returns a list of pioneers they know and trust. A global trust graph will be created by all Pi contributors.
• Ambassador – A user of the Pi mobile app who onboards new members of the Pi network.
• Node – A user who is a pioneer, a contributor, and who uses both the Pi Mobile app and the Pi Node software on their desktop or laptop. The software that runs the main SCP algorithm while taking into account the trust graph data provided by contributors is known as Pi node software.
  A user can play multiple of the above roles. Since each character is essential, each character receives freshly generated Pi each day as long as they engage and contribute on that particular day. All four jobs are viewed as Pi miners under the broad definition of “miner,” defined as a user who receives access to newly created money in exchange for a contribution.

Roadmap/Deployment Plan

 

Phase 1 – Design, Distribution, Trust Graph Bootstrap.

The Raspberry Pi server is acting as a faucet, simulating the behavior of the decentralized system as it would behave when live. Unlike the stable phase of the mainnet, the growth of user experience and behavior is understandable and reasonably easy during this phase.

After the launch of LiveNet, all coin minting for users will move there. In other words, livenet will continue to function like the current system, but fully decentralized, and initially block all account holder balances generated during pre-mining phase 1.

During this time, Pi is not available for purchase with any other currency and is not listed on any exchange.

Phase 2 – Testnet

Node software will be setup on the testnet before the mainnet debut. Unlike the mainnet, the testnet will use the testing Pi currency and the exact same trust graph. The PiCore team will host some nodes on the testnet, but it will encourage more pioneers to launch their own nodes there. In fact, starting on a testnet is recommended for any node hoping to join the main network.

In the first phase, the testnet will be run simultaneously with the Pi emulator, and the results of the two systems will be compared on a regular basis, to identify flaws and shortcomings of the testnet. This will enable PI developers to propose and solve problems. The testnet will reach a point where its results consistently match the emulator results after the two systems have been fully run together.

Pi will move to the next phase when the community deems it ready.

Phase 3 – Mainnet

The official mainnet of the Pi Network will be introduced whenever the community determines that the software is ready for production and has been properly tested on the testnet. This is due to the fact that during the switchover to the mainnet, only those accounts that belong to specific real people are authenticated.

Phase 1 faucet and PI network emulation will be turned off at this time, and the system will continue to run on its own thereafter. The committee will make suggestions for future improvements to the protocol, including input from the Pi developer community and the Pi core team.

They will be deployed and enforced based on nodes upgrading the mining software like any other blockchain. The currency will be completely decentralized and not under the control of any central organization. Users who are duplicates or misusers will have their balance forfeited. At the stage where Pi can be linked to exchanges and traded for different currencies.

Pie economic model

The goal of Pi is to find a compromise between creating a sense of Pi scarcity while still ensuring that a large amount does not end up in too few hands. We want to make sure that when users contribute to the network, they get as much Pi as possible. Creating an economic model that is complex enough to meet and balance these goals while still being user-friendly is Pai’s goal.

Design specifications for the PI economic model:

• Simple: Create a model that is clear and understandable.
• Fair distribution: Give a significant portion of the world’s population access to the Pi.
• Scarcity: In order to maintain Pi values over time, create a sense of scarcity.
• Meritocratic Mining: Respect the efforts that help maintain and expand the network.

Pi – Token Supply (Token Issuance Policy)

• Total Maximum Supply = M + R + D

1. M = total mining rewards
2. R = Total Referral Rewards
3. D = Total Developer Rewards

1. M = ∫ f(P) dx where f is an exponentially decaying function.

1. P = population number (eg, the first person to join, the second person to join, etc.)

1. R = r * M
   1. r = referral rate (50% total or 25% for both referrer and referee)
2. D = t * (M + R)
3. t = developer reward rate (25%)

In recent news, PI

• Pi (IOU) is now listed on Huobi.
• KYC update is now on the Pi Mining app home screen.
• Pi Coin to USDT (Tether) Trading Pairs Launched on XT.COM.

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Pi coin price prediction

Now that we have purposeful the expected start date for the price of Pi Network, let’s derive some logic for the price values.

Any Pi Coin Price Prediction we make shouldn’t boggle the mind, right?

For this, let’s understand a simple formula that will help us create the underlying logic for the Pi network price predictions in the following sections.

Market Cap = Current Price * Circulating Supply

Let’s consider the example of Bitcoin (BTC);

On April 30, 2023, the price of BTC was $29,310.91, and its circulating supply (the number of BTCs in the market) was 19,360,206 BTC.

Therefore, the market cap of BTC Is = 29,310.91*19,360,206 = $567,465,255,647.46. That is $567 billion dollars.

The exact circulating supply or maximum supply of Pi coins is not known, so we will need to assume this data.

Our hypothesis:

If 30 million pioneers are Pi mining at an average rate of 0.2 Pi/hour, then 144 million Pi is being mined daily. . Using this assumption to calculate a supply of pi circulating in just two years would give a total of pi of 105,120,000,000.

In fact, this is a very conservative assumption. The actual data can be huge. So, by calculation, the Pi coin must be worth $5.39 (market cap of circulating supply of BTC/Pi) to overtake Bitcoin and become the most valuable cryptocurrency in the world. You can also calculate it using our Crypto Market Cap Calculator.

It’s important to remember that it took more than a decade for Bitcoin to reach its current value, and it’s unlikely that Pi Coin will overtake this huge crypto within a few years of its release.

Even the second most valuable digital currency, Ethereum (ETH), was worth 56.7% less than BTC (as of June 5, 2023).

This calculation clearly shows that our Pi Coin Price Prediction will not exceed the $5.39 mark for at least two to three years. However, if Pi does something extraordinary, it can certainly beat BTC to become the number one digital currency.

In particular, Pi coins do not have historical price data, so price-based forecasting techniques cannot be applied, which limits predictability. Hence, the following Pi Coin price predictions are purely based on our own logic and speculation. However, we can estimate how the value of Pi changes over time

Pi Coin Price Prediction 2023

We expect Pi-Coin to reach a price of $0.50 to $2 in the first week after launch. Over the next few weeks, the price could drop by 70% and fluctuate between $0.15 and $0.6.

Thus, based on our predictions, the Pi coin launch price in 2023 could be between $0.15 and $2.

The reason for our prediction

At the end of December 2022, several exchanges such as BitMart, Huobi Global, etc. listed synthetic versions of Pi Coin, and people started trading the digital currency. Within days of listing, Pi Coin reached an all-time high of $330.65 as of December 30, 2022 (IOU basis).

However, the Pi Coin Price Prediction dropped rapidly after that, as owners began selling their coins to make an initial profit. This happens every time a new cryptocurrency is issued. This shows early market sentiment for the Pi network.

Pi Coin Price Prediction 2024

We predict the Pi coin price to be around $0.4 in early 2024 and around $0.9 in late 2024.

The reason for our prediction

While the majority of new digital currencies experience an initial spike and then gradually settle down to a very low and stable value, the situation may be a little different in the case of Pi Coin.

The Pi Network is already a very popular cryptocurrency and pioneers are eagerly awaiting the open mainnet launch so they can use their balances. In particular, the Pi Network has been quite consistent in creating dApps and various utilities by organizing hackathons and other events.

Additionally, the Pi network boasts of providing extremely fast transaction speeds, which is a key factor in attracting more users. This mobile minable currency is easily accessible.

Pi Coin Price Prediction 2025

We predict a Pi coin price of at least $1 and a maximum of $1.8 in 2025.

The reasoning behind this prediction is the same as mentioned earlier in our 2024 Pi Coin Price Prediction.

As long as the Pi network serves as an ideal solution to problems in Web 3.0 and decentralized systems, it will dominate the market and will undoubtedly be priced impressively.

Pi Coin Price Prediction 2030

Our forecast range for the price of the Pi network in 2030 is $1.5 – $3.

If the Pi network is launched in 2023 or 2024, it will take 5-6 years to be on the blockchain market in 2030  and may have reached considerable maturity. Even after such a long time, if the Pi performs well and lives up to people’s expectations, its price can go up to $3 at most.

Pi Coin Price Prediction 2040

In 2040 the Pi Network could be worth $0.1 – $6.

This prediction may seem surprising since the minimum price is $0.1. The Pi Network will be a very old player in the crypto sphere by 2040, and staying in the market for that long will only be possible if it is able to compete with other cryptos.

If PiCoin is still a recognizable digital currency, it could go as high as $6 or more. Otherwise, it may drop to an unexpected value of $0.1 or less.

However, the circulating supply of Pi would have changed dramatically during this time, making our prediction illogical.

Pi Coin Price Prediction 2050

PiCoin’s price may range from $0.1 to $8 in 2050.

To be honest, it makes no sense to predict the Pi coin price for 2050 or beyond. The digital currency we’re talking about isn’t even on the open mannet and doesn’t have historical price data to take as our basis for making such long-term predictions.

But we arbitrarily predict that the price of the Pi will be below $8 in 2050.

Pi Network price prediction Chart

Raspberry Pi Network Monitor

Cloud and hosted solutions are becoming more and more popular, which makes network performance monitoring more important than ever. Fortunately, Obkio’s Raspberry Pi Network Monitor allows you to easily monitor network performance with a Raspberry Pi – without the complications of many open source solutions on the market.

With Obkio installed on your Raspberry Pi, you can closely monitor network performance and identify problems before they become serious problems. Let’s be honest, who doesn’t love cool tech projects with the Raspberry Pi?

Whether you’re a seasoned tech pro or a curious novice, join us on this journey to learn how to use Obkio to create the ultimate Raspberry Pi network monitoring setup. Read on for a complete installation of the Raspberry Pi Network Monitor.

Why use Raspberry Pi Network Monitor?

With cloud and hosted solutions (eg: VoIP and SaaS), network architectures are changing and network monitoring solutions need to keep up.

We are moving towards centralized monitoring in data centers and performance monitoring from the end-user perspective. In this way, IT teams get greater visibility and information about the quality of the experience for end users, which ultimately matters most.

Network monitoring with a Raspberry Pi can help with this. Using the Raspberry Pi Network Monitor has many benefits for both home users and businesses. Important reasons to consider using such a device are:

• Cost-effective: Raspberry Pi devices are relatively inexpensive compared to other network monitoring solutions, making them an affordable option for individuals and small businesses.
• Customization: Raspberry Pi devices are highly customizable, which means you can configure them to meet your specific network monitoring needs.
• Compact: Raspberry Pi devices are small and light, making them easy to place anywhere in your home or office.
• Low power consumption: Raspberry Pi devices are designed to use very little power, which means you can leave them running 24/7 without worrying about high electricity bills.
• Versatile:  A Raspberry Pi device can run various network monitoring software such as Obkio, which can monitor network performance in real-time.

By using Raspberry Pi Network Monitor, you can gain valuable insight into your network performance and take proactive steps to improve it.  Whether you are a domestic client or a business owner, the Raspberry Pi Network Monitor spares you time, money, and disappointment whereas keeping your network running easily.

Frequently Asked Questions (FAQs) about Pi Networks:

Questions:

1. What is a PI network?
2. How does a PI network work?
3. Is Pi Network a legitimate cryptocurrency?
4. How do I join the Pi network?
5. Can I mine the Pi network on my mobile device?
6. What are the benefits of joining the Pi Network?
7. How secure is the PI network?
8. Will PI Network be listed on an exchange?
9. Can I make real money from the Pi Network?
10. What is the value of a PI network?
11. How many Pi coins can I withdraw?
12. Is the Pi Network available worldwide?
13. How can I increase my earning potential on the Pi Network?
14. Can I use multiple devices to mine the Pi network?
15. What is the future of the PI network?
16. Will the Pi Network replace traditional cryptocurrencies like Bitcoin?
17. Can I mine the Pi network on my computer?
18. Can I transfer Pi Coins to other users?
19. Can I join the Pi network without an invite?
20. Will the Pi Network replace traditional cryptocurrencies like Bitcoin?

1. What is Pi Network?

The Pi Network is a decentralized cryptocurrency that allows users to mine coins using their mobile devices. It was created by a team of Stanford graduates and aims to provide a comprehensive and user-friendly approach to cryptocurrency mining. Unlike traditional cryptocurrencies like Bitcoin, the Pi Network does not require expensive hardware or excessive energy consumption.

2. How does the Pi network work?

The Pi Network uses a unique consensus algorithm known as “Proof of Stake” to validate transactions and secure the network. Users earn Pi coins just by opening the app once a day and tapping a button to confirm their presence. This mining process does not drain the device’s battery or use excessive data, making it accessible to a wide range of users.

3. Is Pi Network a legitimate cryptocurrency?

Yes, Pi Network is a legitimate cryptocurrency project. It has a dedicated team of developers and researchers working on its development, and has gained a substantial user base since its launch. While the Pi Network is still in its early stages and is not listed on a major exchange, it shows promise as a decentralized digital currency.

4. How do I join the Pi network?

To join the Pi Network, you need to download the Pi Network app from the official website or app stores. After installing the app, you can create an account using your phone number or Facebook account. It is important to note that joining the Pi Network requires an invitation from an existing member to ensure that the network will continue to grow organically.

5. Can I mine the Pi network on my mobile device?

Yes, you can mine the Pi network on your mobile device. The Pi Network app uses your device’s computing power to help protect and maintain the network. However, it is important to understand that the mining Pi network does not consume excessive resources like traditional cryptocurrencies, which ensures a seamless user experience.

6. What are the benefits of joining the Pi Network?

By joining the Pi Network, you become an early adopter of a potentially valuable digital currency. As the network grows, Pi coins can increase in value, providing early members with potential financial benefits. Additionally, the Pi Network aims to create a community-driven ecosystem, where members can participate in various activities and contribute to the development of the network.

7. How secure is the Pi network?

The Pi network prioritizes security and privacy. The app does not collect personal information without user consent, and it operates on a decentralized network, reducing the risk of hacking or data breaches. The consensus algorithm used by the Pi network ensures the integrity of transactions, making it a secure platform for users.

8. Will PI Network be listed on the exchange?

The Pi Network team has expressed plans to list Pi coins on exchanges in the future. However, the exact timeline for listing and selection of exchanges is yet to be determined. It is important to note that listing on an exchange is a complex process that involves regulatory compliance and market demand.

9. Can I earn real money from Pi Network?

While the Pi Network aims to create a valuable digital currency, Pi Network is not guaranteed to make real money. As with any cryptocurrency, Pi Coin’s value will depend on various factors, including market demand, adoption, and network development. It’s important to approach Pi Networks with realistic expectations and view it as a long-term investment opportunity.

10. What is the value of the Pi network?

The value of the Pi network is subjective and may vary over time. As a relatively new cryptocurrency, its value has yet to be fully determined by market forces. The value of a Pi network will depend on factors such as user adoption, utility within the network, and externalities

11. How many Pi coins can I withdraw?

The number of Pi Coins you can earn will depend on your level of activity in the Pi Network community. The Pi Network uses a unique mining algorithm that rewards active members more generously. Engaging in network activities, such as referring new users or participating in consensus building, can increase your mining rewards.

12. Is Pi Network available worldwide?

Yes, the Pi Network is available to users worldwide. The decentralized nature of the Pi network allows individuals from different countries to participate and contribute to the development of the network. By joining the Pi Network, you become part of a global community that shares the vision of creating a user-friendly digital currency.

13. How can I increase my earning potential on the Pi Network?

To increase your earning potential on the Pi Network, it is very important to actively participate in the community. Encouraging friends and family to join, contributing to network security through regular mining, and engaging in conversations and activities within the Pi Network app can all contribute to higher mining rewards. Continuous participation and network development are key factors in increasing your earning potential.

14. Can I use multiple devices to network the Pi?

Yes, you can use multiple devices to mine the Pi network. Each device must have the Pi Network app installed, and you can log in to multiple devices using the same account. By using multiple devices, you can increase your mining capacity and potentially earn more Pi coins.

15. What is the future of the Pi network?

The future of the PI network is promising. With a growing user base and an active development team, Pi Network aims to become a widely adopted digital currency. The team plans to introduce new features, expand network capabilities, and explore partnerships and integrations with other blockchain projects. It’s an exciting time to be a part of the Pi Network journey.

16. Will the Pi Network replace traditional cryptocurrencies like Bitcoin?

While the Pi Network offers a unique approach to cryptocurrency, it is unlikely to replace well-established cryptocurrencies such as Bitcoin. The Pi Network aims to complement the existing crypto ecosystem by providing a user-friendly mining experience and fostering community engagement.

16. Can I mine the Pi network on my computer?

No, Pi Network can only be mined using mobile devices via the Pi Network app.

17. Is Pi Network available on iOS and Android?

Yes, the Pi Network app is available for both iOS and Android devices.

18. Can I transfer Pi Coins to other users?

Currently, the Pi network does not support direct transfers between users. However, the team is actively working to implement this feature in the future.

19. Can I join the Pi network without an invite?

No, an invitation from an existing member is required to join the Pi network. This invitation system helps ensure the organic growth of the network.

20. Will the Pi Network replace traditional cryptocurrencies like Bitcoin?

While the Pi Network offers a unique approach to cryptocurrency, it is unlikely to replace well-established cryptocurrencies such as Bitcoin. The Pi Network aims to complement the existing crypto ecosystem by providing a user-friendly mining experience and fostering community engagement.

Final Thoughts

In conclusion, Pi Coin has emerged as a promising cryptocurrency that offers unique features and potential use cases. Its innovative approach to mobile mining, energy efficiency, and strong security measures set it apart from other cryptocurrencies on the market. While the future of Pi Coin’s price is uncertain, its growing user base and technological advancements make it an interesting investment opportunity for those interested in the cryptocurrency space.

A significant number of members in the Pi community believe that the Pi Coin Price Prediction will be 100 times higher than the actual price of the Pi (3.14) or that value ($314) because many individuals and businesses have reportedly used the Pi for the same price. However, this assessment is highly unlikely to work when the Pi Network officially enters the public market.