Holders of the Pi coin remain in a tough spot as the full launch of Pi mainnet keeps getting delayed. The team has yet to announce any launch date or roadmap for the much-anticipated milestone. Many Pi Network holders have also started to sell their coins in the unofficial P2P markets after losing their patience.
Nevertheless, a large community of pioneers is still holding the coin in anticipation of exponential returns after its exchange listing. While the team claims to be working on the development of Pi ecosystem, the actual product still seems quite far away.
It is not possible to officially buy Pi coins yet. While you can buy the coin in the secondary p2p markets, its not very secure. Also, there is a great chance that you end up buying or selling at a much higher or lower price before the mainnet launch.
This is because the current value of Pi coin is still not known for multiple reasons. The team is hiding the cards close to its chest regarding the project’s roadmap and timeline. In this uncertain situation, some exchanges have listed the IOU pairs, which can be used to speculate on the Pi coin price.
Despite criticism from the holders on its sluggish progress, Pi core team continues to expand its ecosystem. The core team is promoting the Pi Ambassador Program, which rewards 1000 Pi coins for bringing new developers to the project.
Many analysts have come up with bullish Pi coin price predictions without any logical explanations. Due to the huge circulating supply, I remain skeptical of astronomical gains after the exchange listing. However, considering the hype, the people who have been accumulating the coins for years may mint some hefty profits in the early days.
This post was last modified on Sep 22, 2023, 13:53 BST 13:53