Pi coin price remains a controversial topic among the crypto fraternity. Since the launch of the project back in 2019, the project has been facing intense criticism from the mainstream crypto community. While the project is backed by a very strong community, still the existence of some red flags can’t be ignored.
However, after years of being in the development, the loyal community of holders is finally losing its patience as they still don’t know the real Pi Network value. The speculation on the price of some crypto exchanges has further added to the frustration.
The most awaited event for the Pi coin holders is not the launch of its mainnet but the Pi Network exchange listing. After accumulating coins for years, these users want to know the current Pi coin price after such a long wait.
However, the real coins have not even been launched yet, and all the speculation on exchanges is based on IOU contracts which cannot be considered real. According to the latest Pi coin news, the team has announced the overall prize of 10,000 Pi for the winners of the recently concluded hackathon.
It is very hard to predict the price of Pi Network coins as its blockchain is still in the testing phase. The real coins have not even been launched yet, which makes the exact circulating supply unknown. Nevertheless, the community’s interest in the project suggests the people holding large bags of Pi will get rewarded eventually.
While Pi coin price prediction is anybody’s guess at this point, it still won’t be appropriate to expect anything above $1. This is because millions of users across the world have been mining Pi coin for years. Therefore, the circulating supply of the Pi coin right after its launch could be in billions.
In the meantime, I’ll keep sharing my updated price prediction of Pi and other coins on my Twitter where you can follow me.
This post was last modified on Jun 26, 2023, 10:05 BST 10:05