Since Pi Network was one of the pioneers in the mobile cryptocurrency mining trend, people are curious about the token’s potential value and are in search of Pi coin price prediction. The crypto Pi coin runs the Pi Network. Its goal is to promote open peer-to-peer transactions and let people mine cryptocurrency on their phones. Since this made crypto mining much easier, it got a lot of attention, and so far, over 47 million people have signed up. Because of this, many investors think Pi coin could be the next big thing in crypto.
This Pi crypto price prediction looks at things like tokenomics, usefulness, and community to make Pi network price predictions for 2024 to 2030. We’ll talk about whether Pi is the best cryptocurrency to buy in right now, as well as the current price of Pi coin and its future price. Now let’s begin our Pi price prediction.
Pi Coin Price Prediction Briefly
- Nicolas Kokkalis and Chengdiao Fan founded the Pi coin in 2018.
- The project’s pre-Mainnet went live in 2019.
- It is now in its closed Mainnet, which means it can’t be connected to other blockchains.
- Our Pi coin price prediction for 2024 is $0.4, and our prediction for 2030 is $1.05.
| Year | Minimum Price | Average Price | Maximum Price |
| 2024 | $0.1 | $0.4 | $0.7 |
| 2025 | $0.4 | $0.8 | $1.2 |
| 2030 | $0.01 | $1.05 | $2 |
Pi Coin Price History
Nicholas Kokkalis and Chengdiao Fan made the Pi Network in 2018. It was made to compete with Bitcoin and other payment cryptocurrencies, and it lets more people in the community take part by mining on smartphones. On the other hand, Bitcoin and many other Proof-of-Work blockchains allow you to mine with powerful (and pricey) gear like ASIC chips.
The mining system on the Pi Network was split into three stages:
- The Pre-Mainnet
- The Closed Mainnet
- The Open Mainnet
It is in the closed Mainnet mode right now. Beginning in 2019, the pre-Mainnet phase lets users earn PI by hitting a button on a mobile app every 24 hours to show that they were connected to the network. The PI mining rate started at 1.6 PI per hour, cut in half after the first 100,000 users, and then did it again and again until it hit 0.2 PI per hour.
CoinMarketCap shows the price history of the Pi coin from December 2022 to the present. But it also says that the coin can’t be traded yet and that platforms that list PI only offer “IOUs, ” not real Pi coins.
The price hit an all-time high (ATH) of $330.65 on December 30, 2022. After that, a big drop started, ending with a low of $19.7 on July 14, 2023. The price has increased since then, hitting a high of $56 in August and now selling at $38.7.
At the moment, there are a total of 100 billion Pi coins available. These will be given gradually as more people join the network. Eighty percent of the stock has been given to the community and twenty percent to the Pi team. Taking it a step further, 65% of tokens will be used for mining awards, 10% for ecosystem growth (which will be overseen by the Pi Foundation), and 5% for market availability.
Pi Coin Price History: Key Points
- The first trades were made in 2022; the highest price was $330.65 on December 30, 2022.
- It’s worth $38.7 right now.
- It’s possible that you may be unable to trade the coin between platforms since CoinMarketCap says the Pi Network mainnet isn’t live yet.
Pi Coin Price Prediction 2024
Since billions of Pi coin tokens are expected to be released, there will be a lot of pressure to sell the project in 2024. This urge to sell can only be eased by one of two things:
- The desire for Pi is at least as high as the call to sell.
- The unlocking of the ticket happens slowly over the years instead of all at once in one day.
The group wants to make its environment useful in response to the need for Pi. The coin’s purpose was to be able to send money and be used to pay for many different goods and services. Pi Network users can only buy, sell, and send tokens to each other. However, once the open Mainnet is out, sellers and retailers will start taking the cash.
When unlocking tokens, a big chunk of the 100 billion-block supply will still be locked at the start of the open Mainnet release. Still, the Pi coin proposal says users will have mined between 10 and 20 billion PI by the time the open Mainnet release happens. Pi is now worth more than $38, making it one of the most valuable coins.
Because Pi has no use right now and many users will likely want to get rid of their tokens immediately, our Pi coin price estimate says the price will drop a lot before it stabilizes. When we recently predicted the price of Worldcoin, we mentioned a similar problem with that coin. With a reduced market cap of over $20 billion and a bold token unlock plan, the stock that was in circulation was way too expensive.
Because of these things, the price of Worldcoin has been going down almost nonstop since it first came out. This is why the Pi coin price will range from a low of $0.1 to a high of $0.7, with an average of $0.4 by the end of 2024. Still, there are 47 million people and a lot of excitement about the open Mainnet release, so prices could go up and down.
Pi Coin Price Prediction 2025
As long as the Pi open Mainnet comes out in 2024, the project’s price may stabilize in 2025. The limited supply and well-thought-out coin-locking system make the supply reliable, which could make Pi coin appealing to developers and sellers looking for an environment that grows. Because of this, the coin’s usefulness could grow.
This helps ease some of the selling pressure that comes from mining Pi and makes more people want to buy it. 10% of Pi coins are set aside to help the environment grow, which is another way this works. Its unique use case as an autonomous and distributed coin may also make it popular with speculative investors, increasing demand even more.
Many experts also think the next Bitcoin bull run will happen in 2025. This is likely to increase the prices of popular altcoins, even Pi coin prices since it has such a large community. By the end of 2025, the price of a Pi coin will range from a low of $0.4 to a high of $1.2, with an average price of $0.8. This would be a 100% rise from its average price in 2024.
Pi Coin Price Prediction 2030
It can be hard to guess what prices will be in the long run, especially for projects like Pi coin that are still new and experimental. However, the project’s network effect is among the most important things to consider. The environment has value on its own, and businesses looking for new markets might be interested in joining the 47 million people using the closed Mainnet. This has long-term promise, but what matters is whether Pi coin can recover from the supply shock when the Mainnet goes live.
Buyers can take on a big chunk of the dumping likely to happen. In that case, Pi coin will still be worth some amount, making the network appealing to businesses and dApp makers. But it won’t be able to bring in new growth if the ecosystem’s value goes through the roof, which will probably kill its long-term prospects. This, along with the supply being limited to 100 billion, makes our worst-case situation a price of $0.01.
This could happen if the group can’t remove the selling pressure after the open mainnet release. Our bull case Pi prediction calls for a price of $2, which will likely happen if the project’s price stays stable after its open Mainnet release. The average price of a Pi coin will be $1.05 by the end of 2030. If right, it would mean a 26.625% rise from its price in 2025.
Possible Lows and Highs of the Pi Coin Price
Now that we’ve discussed the Pi coin price, here are the lows and highs we’ve found.
| Year | Minimum Price | Maximum Price |
| 2024 | $0.1 | $0.7 |
| 2025 | $0.4 | $1.2 |
| 2030 | $0.01 | $2 |
What Influences the Pi Coin Price?
The price of the Pi coin is based on supply and demand, just like the price of any other cryptocurrency. Currently, Pi Coin has a lot of supply drivers and not many demand drivers.
Many people are waiting to finally lock in some gains since more than 47 million users can’t sell their Pi. But a lot of this sell pressure is expected to happen right after the open Mainnet release, which could lead to a big selloff.
However, changes to the environment or more rewards for long-term users could ease some of this selling pressure. The Pi coin team said a picture was bought in South Korea for $37.59 per PI, even though on some markets, the only way to buy or sell them was as IOUs.
FAQs
Conclusion
Overall, Pi Coin is a one-of-a-kind project that has done a great job of getting new people started. However, the huge number of tokens it has and the long-awaited release of its coins will cause many people to sell them, which will cause its price to drop. As a result, buyers may be better able to find other new cryptocurrencies with much promise.
