Pi Network Price Prediction 2024-2050. Is Pi Coin Poised to Reach $100?

Projects, entities, and the crypto communities have continuously endeavoured to bring cryptocurrency to the masses and increase the number of cryptocurrency users globally. The Pi Network is a giant leap in this direction.

The Pi Network is a unique crypto project maintained by a group of Stanford graduates and is entirely based on mobile technologies. The project enables anyone to mine cryptocurrency on their phone without sacrificing battery life.

Pi coin, the native token of the Pi Network, was designed to transfer value and enable payments for a wide range of products and services. It currently operates as a closed Mainnet utility token within the Pi Network ecosystem and is not available for trading or mining yet in the open crypto market.

With over 47 million users across 230 countries, the Pi coin is garnering tremendous traction from seasoned crypto investors, beginners and market experts. There is also conjecture about when the Pi coin will open its doors and venture out of the closed mainnet phase. Investors are speculating whether the Pi Network can deliver on its hype or is just a diddle in the uncertain world of cryptocurrencies.

All keen observers of the Pi Network have one question: does Pi coin have a future? Are you keen to unearth the answer to this question and get clarity on whether Pi coin will be one of the top cryptocurrencies in the future? Let's find out!

Pi Network Overview

Pi Network is an independent blockchain network that aims to build a cryptocurrency and smart contract platform secured and controlled by ordinary people.

Pi was developed by Stanford graduates Nicolas Kokkalis and Chengdiao Fan. In December 2018, the platform was first made available as an alpha prototype and mobile app on major Play stores. On Pi Day, March 14, 2019, the Pi Whitepaper was published, marking the launch of the Pi network.

Pi is an innovative crypto project that aims to take cryptocurrency mining to the next level. This network makes crypto mining accessible to everyone with a smartphone with at least 250 megabytes of storage. It enables mobile mining, so users can mine Pi coins using their mobile data.

Users of the Pi network can adopt various roles such as contributor, ambassador and pioneer, each offering a different set of benefits within the network.

Source:www.coincodex.com

This revolutionary project uses a Stellar Consensus Protocol (SCP), wherein each node or participant validates another set of participants it can trust. Unlike Proof of Stake (which relies on the node's staking power) or Proof of Work (which relies on the node's computational power), SCP is not an energy-intensive consensus.

SCP relies on the agreement of trusted nodes. Simply put, each participating node decides what other nodes it wants to trust. There are no monetary rewards for being validators on a SCP. Validators work to contribute to the security and growth of the network. This kind of inclusive consensus has several benefits.

Firstly, it ensures that the concept of decentralized control is upheld. This aligns with the fundamental principles of crypto, which are to be a decentralized, transparent, and open financial system without placing control or mining rights in the hands of a few entities.

Secondly, the Pi network is user-friendly and designed for the masses. It is much easier to mine Pi coins than Bitcoin or Ethereum. Even for those with limited technical knowledge, the Stellar Consensus Protocol is easier to wade through than other protocols. This structure makes Pi the flagbearer of crypto inclusivity and gives the network the power to grow crypto users exponentially.

Lastly, SCP is an environmentally friendly consensus compared to PoW. It is not an energy-intensive protocol and does not excessively drain mobile batteries or data.

Pi Network History

In December 2018, the Pi network initiated Metaphase with the public launch of its app's alpha prototype on the iOS App Store. Three months later, the Pi whitepaper was published, marking the Pi Network Launch date on March 14, 2019, known as Pi Day.

From March 2019 to March 2020, the Metaphase of the Pi network garnered 3.5 million participants, establishing a community across 230 countries and regions.

Next, the Testnet phase began in March 2020, marking the critical transition to a decentralized blockchain. This was followed by the launch of an Enclosed Mainnet in December 2021. The Enclosed Mainnet period means the Mainnet is live but has a firewall to prevent external connectivity.

Pi Network released its Version 1(V1) Roadmap on October 31, 2023, outlining its development phases and plans to release the V2 Roadmap.

The next natural transition for the Pi Network is to enter the Open Network phase, wherein it can be openly traded on crypto exchanges and stored in crypto wallets. This move is slated to take place shortly, although no official date has been put forward. Speculation is that the Pi Network will open its doors to crypto investors and enthusiasts on or around the next Pi Day, March 14, 2025. The Pi network launch date may even be in late 2024. This depends on the maturity of the Enclosed Network ecosystem and the development of the network's KYC, migration and utility creation. Also, the founder and the team behind Pi Network want to step into the Open Network phase at a time when the macroeconomic conditions are favorable to its launch.

The Pi Network has been adopted by over 47 million people across 230 countries worldwide.

Pi Coin Price History

The Pi coin started as a closed Mainnet utility token within the Pi Network ecosystem. It was designed to transfer value, enabling payments for a wide range of products and services. It is currently in the closed Mainnet phase. Investors and Pi coin enthusiasts must note that the coin is not trading in the open market with exchanges that notionally list it as 'IOU' or a simple acknowledgement of debt. This is not the actual ownership of the token.

The maximum supply of Pi coins is 100 billion, of which 65% have been earmarked for mining rewards, 10% for ecosystem expansion and 5% for exchange liquidity.

Although the Pi Network has yet to officially launch on any crypto exchange or freely trade in the crypto market, there is plenty of anticipation and speculation regarding its launch price. The Pi network coin price is garnering tremendous investor interest as many believe this coin will be a breakthrough in the crypto market and catapult itself into the big league of tokens by market cap.

Pi Network's mining mechanism was split into the pre-Mainnet, the closed Mainnet, and the open Mainnet phases.

The pre-Mainnet phase began in 2019 and enabled users to earn PI by clicking a button on a mobile app every 24 hours to signal their participation in the network.

The mining rate of Pi was initially 1.61 PI per hour, shortly after which it was halved after the first 100,000 members. Then, it was halved twice again until it reached a rate of 0.2 PI per hour.

Pi coin began trading within the closed Mainnet in December 2022, reaching its all-time high of $330.65 on December 30 2022. Following this peak, the token embarked on a massive selloff, plummeting to a low of $19.7 in July 2023. The coin redeemed itself in August 2023 by breaching the $50 price ceiling and touching an all-year high of $57.17.

In March 2024, the Pi coin enjoyed a massive bullish patch, with its value tripling in just a few days from $40 to almost $120. Shortly after the upsurge, the coin faced a price correction, plunging to $.69 in April 2024. The Pi Network price today at the time of writing is $37.5.

Disclaimer: The mainnet for Pi Network has not been launched yet. The prices displayed on certain exchanges represent the value of IOUs and may not be transferable across different exchanges. It is essential to conduct thorough research and stay informed before making any investment decisions.

Pi Network Coin Price Prediction 2024

As Pi coin is not yet traded on global exchanges in the open market, only the Pi network users can trade with currency between one another. Pi Network's price remains volatile and is influenced primarily by major players, making predictions challenging.

Having said that, with the massive community support enjoyed by the Pi network across 47 million people in 230 countries, Pi may be well received by investors and the global crypto community after its launch in the open market, which is expected to occur in the second half of 2024 or early 2025.

In anticipation of the launch, the price of Pi coin is expected to enjoy a healthy upswing in 2024-2025. The launch would also indicate that the three pre-conditions put out by the Pi Network team for the launch have been met. These include preparing the Network for the open network launch from a technological, legal, product and business standpoint. Also, the team behind Pi coin aims to embark on the open market launch only when 15 million pioneers have passed KYC, and 10 million Pioneers have migrated to the Mainnet.

It is also noteworthy that the Pi Network has been constantly working on upgrading its network, protocol and outreach. It launched the Fireside Forum Web3 social platform in June 2023 and added a decentralized moderation feature in December. In December 2023, the Pi Network held PiFest, during which users could shop at local Pi-integrated businesses by exchanging Pi Coins. As a test case for what's in store for Pi coin in the future as a form of payment, the event was a grand success, with participants from over 155 countries.

Alternatively, as seen in the past, many holders may look to dump their coins immediately after the launch to make short-term gains, which could take the price of the Pi coin on a downward rally until it gains stability.

Considering these factors, we have a fairly wide and neutral price prediction for Pi Network in 2024. Our Pi Network price prediction for 2024 in USD is $60.45 (maximum), $12.30 (minimum), and $40.67 (average).

The same Pi Coin price prediction for 2024 in INR is INR 5,046.97 (maximum), INR 1,026.92 (minimum) and INR 3,395.53 (average).

NOTE: All INR price predictions in this Pi Coin Price Prediction blog are based on the current USD-INR exchange rates (1 USDT = INR 83.49).

Pi Network Coin Price Prediction 2025

The Pi Coin would likely initiate the transition into the open crypto market by late 2024 or the first half of 2025. Given the limited visibility of price trends at the moment, it would be challenging to make price predictions for Pi coin until it is in the closed Mainnet phase.

Having said that, there is plenty in the pipeline for the Pi Network after its launch. The network has over 20 active projects in development, each with charted-out milestones. These projects include a Pi wallet, P chats, a Pi browser and a Web3 developer platform called Pi Developer. With these projects in the offing, Pi Network is putting its best foot forward to embark on a bullish run soon after its launch.

Another factor influencing the price of the Pi coin is its supply. With a total supply of 100 billion, a large portion of the coin would still be locked when the coin enters its open Mainnet phase. According to the Pi coin whitepaper, the network users will have already mined 10-20 billion at the time of the open Mainnet release. Even if we consider that the Pi coins will launch at its current price of $37.5, this will catapult the coin into one of the top cryptocurrencies by market cap.

That said, speculating or predicting the price of Pi coin currently would be challenging due to its closed Mainnet phase. With 47 million users and massive anticipation for the open Mainnet release, we could see significant price volatility in both directions.

For this reason, we have a neutral and wide price prediction for the Pi coin in 2025. Our Pi Network price prediction for 2025 in USD is $87.40 (maximum), $24.85 (minimum) and $55.60 (average).

When converting USD price prediction in INR, the Pi price prediction for 2025 in INR becomes INR 7,297.02 (maximum), INR 2,074.72 (minimum) and INR 4,642.04 (average).

Pi Network Coin Price Prediction 2030

The ultimate objective of the Pi Network for Pi coin is to make it an acceptable payment method for various merchants so that holders can use it to pay for goods and services. The Network is already making inroads in this regard with the development of Pi Wallet, which enables secure and convenient peer-to-peer transactions and integration of a seamless payment experience in Pi Apps.

The Network is currently working to improve the QR code functionality of the Pi Wallet for local commerce integration and to boost Pi commerce. Should the creators of the Pi Network successfully achieve these milestones, the usability of the Pi coin would be substantial, ushering in a bullish run for the coin.

Also, since the next Bitcoin halving event is set to take place in 2028, we can predict that altcoins will enjoy a bullish run that will spill into 2029-2030 after the Bitcoin halving. Most often, altcoins attract a portion of the Bitcoin reserves and enjoy increased trading volume after every halving event.

Additionally, any short-term selloffs would stabilize within a year of the coin's launch, paving the way for long-term stability, should the Network deliver on its development projections.

We anticipate that in 2030, the Pi coin could breach the $100 mark and usher in a bullish, solid phase.

Considering the above factors, our Pi Network price prediction for 2030 is positive. The Pi coin price prediction for 2030 in USD stands at $170.5 (maximum), $85.60 (minimum), and $106.6 (average).

The same Pi Network price prediction for 2030 in INR is INR 14,235.04 (maximum), INR 7146.74 (minimum) and INR 8900.03 (average).

Pi Network Coin Price Prediction 2040

Many well-known experts and crypto analysts extend a positive long-term outlook for the cryptocurrency market. What's more, decentralized autonomous organizations are the way forward for crypto ecosystems as they improve transparency and security and facilitate shared decision-making. The Pi coin could be one of the leading cryptocurrencies if it continues on the development roadmap and achieves the status of being an acceptable token of payment.

However, price volatility and uncertainty are characteristic of cryptocurrencies. Hence, investors must exercise caution and conduct their research before making investments.

2040 is also the year for an expected Bitcoin halving event, the positive ripples of which will be felt across the crypto world.

Considering these factors, we have a positive outlook for Pi coin, which corresponds with a positive outlook for the crypto market in the long run.

Our Pi Network price prediction for 2040 in USD is $254.76 (maximum), $140.33 (minimum), and $193.90 (average).

The exact Pi network price prediction for 2040 in INR is INR 21,269.91 (maximum), INR 11,716.15 (minimum) and INR 16,188.71 (average).

Pi Network Coin Price Prediction 2050

The Pi coin's price in 2050 will be determined by various macroeconomic factors, the growth of the cryptocurrency market, and the development of the Pi Network ecosystem. The sentiment for the Pi coin remains neutral for 2050, as experts believe that a lot could go right or wrong for this token 25 years later. Investors are encouraged to conduct due diligence when investing in cryptocurrencies.

For these reasons, we have a wide and neutral price prediction for the Pi coin for 2050.

The Pi Network price prediction for 2050 in USD is $375.80 (maximum), $164.50 (minimum), and $280.71  (average).

The same Pi Network price prediction for 2050 in INR is INR 31,375.54 (maximum), INR 13,734.1 (minimum) and INR 23,436.47 (average).

Below is a compiled table of Pi coin price predictions for 2024, 2025, 2030, 2040 and 2050 in USD:

Similarly, below is a compiled table of Pi Coin price predictions for 2024, 2025, 2030, 2040 and 2050 in INR:

Will Pi Coin Reach $100?

We anticipate that in 2030, the Pi coin could breach the $100 mark and enter a strong bullish phase. The Pi Network is currently working to improve the QR code functionality of the Pi Wallet for local commerce integration and to boost Pi commerce. Should the Pi Network's creators successfully achieve these milestones, the Pi coin's usability would be substantial, ushering in a bullish run for the coin.

Also, since the next Bitcoin halving event is set to take place in 2028, we can predict that altcoins will enjoy a bullish run that will spill into 2029-2030 after the Bitcoin halving.

FAQs

1. How much will the Pi Coin be worth in 2025?

The Pi Coin would likely initiate the transition into the open crypto market by late 2024 or the first half of 2025. Given the limited visibility of price trends at the moment, it would be challenging to make price predictions for Pi coin until it is in the closed Mainnet phase.

Having said that, the network has over 20 active projects in development, each with charted-out milestones. According to the Pi coin whitepaper, the network users will have already mined 10-20 billion at the time of the open Mainnet release. Even if we consider that the Pi coin will launch at its current price of $37.5, this will catapult the coin into one of the top cryptocurrencies by market cap. Hence, we have a positive price outlook for Pi Coin.

Our Pi Network price prediction for 2025 in USD is $87.40 (maximum), $24.85 (minimum) and $55.60 (average).

The exact Pi Network price prediction for 2025 in INR is INR 7,297.02 (maximum), INR 2,074.72 (minimum) and INR 4,642.04 (average).

2. Does Pi Coin have a future?

The creators and founders of Pi Coin are upbeat about its future. The Pi Network has a comprehensive roadmap laid out, along with over 20 active projects in the pipeline, each with its key milestones. These projects include mining apps, Pi chats, Pi browsers, and developer platforms and tools. Add to this the fact that the Pi Network enjoys widespread community support, with around 47 million users currently, and we believe that Pi Coin has the potential to be a leading cryptocurrency in the coming years.

Once the coin completely transitions to the open network phase, one can have better visibility on whether Pi coin has a promising future. Making any predictions about Pi Coin's future would be challenging at the moment.

3. What is the Price Coin Price in India?

Today, the Pi Network price at the time of writing is $37.5, which is INR 3,130.87. However, the Pi coin is not yet freely traded in the open cryptocurrency market in India. The open mainnet for Pi Network has not been launched yet. The prices displayed on certain exchanges represent the value of IOUs or instruments of debt, which is not the actual ownership of the token. These IOUs may not be transferable across different exchanges.

4. How to buy Pi Coin in India?

Due to its enclosed Mainnet status, Pi coin is not trading on external exchanges and crypto platforms yet. Some exchanges are notionally listing the Pi coin as an 'IOU' or as a simple acknowledgement of debt with an implied value to the coin. This is not the actual ownership of the token, and prices may vary when the coin actually launches in the open market. Hence, it is not yet possible to buy Pi coins in India's open crypto market. Until the Mainnet launch occurs, its traceability is limited to within the Pi Network ecosystem.

When Pi coin launches, it will be available across leading crypto trading platforms such as Flitpay.

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