Pi coin price has become the biggest concern for the users who have been accumulating these coins for years. After years of waiting, most users are losing their patience as they are still not able to trade their Pi Network tokens on any major exchange.
Pi Network has become controversial among crypto enthusiasts. While industry critics keep calling the project a fad, the long-term holders still believe their holdings will be worth a lot once the project fully launches. Currently, Pi Network is in its enclosed mainnet.
Pi Network was launched in March 2019 in the crypto bear market. The project was an instant hit and gained millions of followers within just a few months. A major reason behind this sudden popularity was its referral system which onboarded millions of users.
According to the latest tweet from Pi core team’s official Twitter handle, there are currently 47 million Pioneers who are eagerly waiting for the full release of the project. They also want to know the real Pi coin price, which is still unknown.
At the end of 2022, many exchanges started to add Pi/USD pairs which allowed speculation on Pi Network price. Many holders started to mistake it for the real price, which was not the case. These exchange pairs were just IOU contracts and not an accurate depiction of the true Pi coin value.
As there are 47 million people mining Pi coins, Pi coin price prediction of more than a few cents seems quite unreal. A more accurate prediction can be made once the total circulating supply of Pi gets disclosed. Until then, it will remain one of the hottest debates among crypto enthusiasts.
In the meantime, you are also welcome to follow me on Twitter to keep track of my personal trades and the upcoming 1000x Gems.
This post was last modified on Jul 24, 2023, 10:18 BST 10:18