Pi Network's price surged dramatically, forming a God candle pattern, and approached the critical $100 resistance level after developers unveiled the roadmap for the mainnet launch. The Pi coin has reached its highest point since October, trading approximately 140% above this month's lowest level. But what lies ahead for Pi from 2025 to 2030?
Pi Coin Mainnet Launch Approaches
The most significant Pi news was the upcoming mainnet launch, confirmed by developers for February 20. This is a major event, considering Pi is one of the most popular crypto projects in history.
At its peak, Pi Network boasted over 50 million users. However, this number has declined over the years, with developers reporting that only about 10.1 million users have migrated their Pi tokens to the mainnet so far. Of these, 19 million have completed identity verification.
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The mainnet launch culminates years of mining and development. Over the past six years, developers created a mining app that allows users to mint new tokens easily. They also built a browser downloaded over 100 million times.
Key components of the Pi ecosystem include the Fireside Forum social media platform and an ad network. Additionally, third-party developers have created over 100 apps for the network.
Initially, Pi Network aimed to be a better version of Bitcoin by making mining accessible. Unlike Bitcoin, anyone with a smartphone can mine Pi tokens. Pi also promises lower transaction costs and a robust app ecosystem. As stated in a recent update:
"Pioneers must continue KYC before or after the Open Network launch, migrate to the Mainnet if they haven't already, and interact with Pi apps in the Pi Browser to support ecosystem growth and long-term benefits."
Pi Network's Launch Price and Market Valuation
Little has been disclosed about the upcoming Pi Network mainnet launch. However, we can speculate that the starting price will be 3.14 Pi units. According to Block Explorer, there are currently over 6 billion migrated mining rewards and 4.5 billion locked mining rewards.
Assuming an original price of $3.14, Pi Network could debut with a market valuation exceeding $19 billion, excluding locked mining rewards.
Pi Price Prediction for 2025
The initial days of Pi Network's mainnet launch will likely be volatile as many pioneers cash out their tokens. These users have witnessed the risks of holding newly launched tokens for extended periods. Examples like Hamster Kombat and Catizen illustrate post-airdrop declines.
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Airdrop tokens such as Berachain, Wormhole, ZkSync, and Grass plummeted after their launches. The primary reason is the lack of initial buyers post-launch. For Pi Network, many pioneers may rush to sell tokens they've mined for years. Consequently, Pi coin could face a challenging start, with sell orders outweighing buy orders.
Where Will Pi Be in 2030?
Long-term, the Pi coin price could recover. If it starts trading at $3.14, it might surpass $50 by 2030. This optimism stems from Pi's proven decentralization track record and its popularity as a coin.
Pi Network's U.S. origins also suggest the SEC might approve a spot Pi ETF in the coming years. Therefore, Pi coin may initially decline but could rally significantly by 2030, assuming Bitcoin and other cryptocurrencies perform well during this period.
Frequently Asked Questions
What is Pi Network's mainnet launch date?
The Pi Network mainnet is scheduled to launch on February 20, as confirmed by developers.
How many Pi coins are currently in circulation?
Over 6 billion mined Pi tokens have been migrated to the mainnet, with an additional 4.5 billion locked as mining rewards.
Is Pi Network a good investment?
While Pi Network shows promise, its post-launch performance will depend on market adoption and ecosystem growth. Initial volatility is expected.
What factors could impact Pi's price in 2030?
Key factors include mainstream adoption, regulatory developments, and the overall performance of the cryptocurrency market.
Will Pi Network be listed on major exchanges?
Listing on major exchanges post-mainnet launch could significantly boost Pi's liquidity and price discovery.
How does Pi Network compare to Bitcoin?
Pi Network aims to be more accessible than Bitcoin, allowing smartphone mining and offering lower transaction costs, but it lacks Bitcoin's established track record.