Imagine a digital currency that has won over 35 million users worldwide. It’s called Pi coin, and it’s the heart of the decentralized Pi Network. As the world of crypto changes, it’s key to know the latest about Pi coin for investors and fans.
Key Takeaways
- The current price of Pi coin stands at $37.67 USD, with a 24-hour trading volume of $380,297 USD.
- The price of Pi coin has changed a lot lately, with a 0.67% increase in the past 24 hours.
- Pi coin’s market capitalization is currently not available, but it has a market rank of 3309 in the cryptocurrency ecosystem.
- The Pi network, started in 2019, has about 35 million users. It aims for a mainnet launch between March and June 2024.
- Price predictions for Pi coin vary. Some think it could hit $60 by the end of 2024 and $200 by 2030. Others are cautious due to the project’s uncertainties.
What is Pi Network DeFi?
Pi Network DeFi is a project that helps people earn cryptocurrency without much work. It uses the Binance blockchain for trading. The project started in 2019 by two Stanford Ph.Ds, Dr. Nicolas Kokkalis and Dr. Chengdiao Fan. They wanted to make crypto mining easy for everyone.
Overview of Pi Network and Its Cryptocurrency
The Pi network lets users mine the Pi digital currency with their phones. It’s designed to be easy for everyone to join the world of cryptocurrency. The current price is $37.44, and it’s been up 2.87% in the last week.
Key Features of Pi Network DeFi
Pi Network DeFi has a cool feature that gives 1% USDT to the community from transaction fees. It also has a token burn protocol to keep the token’s value stable. The Pi network has 10,000,000,000 Pi tokens in total, but only 0 are out there right now.
“Pi Network DeFi focuses on creating passive cryptocurrency streams for its holders, making crypto mining more accessible to the average individual.”
Current Pi Coin Price and Market Cap
The live price of Pi coin is $37.67 USD. It has a 24-hour trading volume of $380,297 USD. Over the past 24 hours, the price has gone up by 0.67%. But, the market capitalization of Pi coin is not available yet. This is because the coin is still in its early stages.
Live Pi Coin Price Tracker
Investors and fans can check the Pi coin price on platforms like Binance. This helps them keep up with the latest trends and news. The price changes based on user adoption, demand, and other factors within the Pi Network.
Pi Coin Market Capitalization
The market capitalization of Pi coin is not shared publicly. But, the platform plans to launch its mainnet and expand its ecosystem. This could affect the coin’s market cap and value. With over 10 million users, the demand for Pi coins might grow, impacting its price and market cap.
| Metric | Value |
|---|---|
| Pi Coin Price | $37.67 USD |
| 24-Hour Trading Volume | $380,297 USD |
| Price Change (24 Hours) | +0.67% |
| Market Capitalization | Not Available |
The Pi Network is growing and facing challenges. This affects the price and market cap of Pi coin. The coin’s future value will depend on how it handles these issues and the market’s sentiment.
Pi Coin Price History and Trends
The pi coin price has seen big ups and downs since it started. Its highest price was $330.65 on December 30th, 2022. Now, it’s at $37.67 as of July 24th, 2024.
Historical Price Performance
Many things have affected the pi coin price, like its growth and how people use it. By 2019, it had 100,000 users and quickly grew to 1 million. This growth helped the price reach $244 on January 1st, 2023.
The lowest price was $19.7 on July 14th, 2023. Since then, the price has stayed fairly stable, around $40. As of July 24th, 2024, its market value was $2,574,021,469. There are 68,000,000 PI coins out of a total 100,000,000,000.
Factors Influencing Pi Coin Price Movements
Things like the network’s growth, how many people use it, and market feelings affect the pi coin price. The coin has had big events like halving when it hit certain user numbers. These events have changed its price.
Also, the switch from Testnet to Mainnet and the Open Network phase in 2024 will likely change the pi coin’s price.
| Year | Potential Low | Potential High |
|---|---|---|
| 2024 | $18 | $58 |
| 2025 | $28 | $73 |
| 2030 | $35 | $98 |
Knowing about the pi coin’s price history and trends helps investors make better choices. The network’s growth, community support, and market conditions will shape its future prices.
Pi Coin Price
The price of the Pi coin is set by several factors in the Pi Network. These include supply and demand, trading volume, and the network’s development progress.
The Pi Network has a total of 100 billion Pi tokens. Currently, 68 million are in use. As more people join, the pi coin price prediction and pi crypto future price will change. This is based on how much people want the Pi coin and how many are available.
| Metric | Value |
|---|---|
| Highest Pi Network Price | $299.20 |
| Lowest Pi Network Price | $17.04 |
| Current Pi Network Price | $37.73 |
| Diluted Market Cap | $3.77 trillion |
| 24-hour Trading Volume | $380,720 |
| Total Supply | 68.00 million Pi |
| Max Supply | 100.00 billion Pi |
The pi network token valuation and pi digital currency price forecast depend on different views and market feelings. Some see the Pi coin growing, others see it being unstable. Investors should look into these factors to make smart choices.
“The value of Pi coin is determined by the supply and demand dynamics within the Pi Network ecosystem, as well as the ongoing development and adoption of the platform.”
Pi Network DeFi Tokenomics
The Pi Network DeFi protocol has a unique tokenomics structure. It aims to build a sustainable and decentralized cryptocurrency world. With 10 billion Pi tokens available, all tokens have been given to its community of over 30 million users.
Token Supply and Distribution
The Pi Network’s tokenomics ensures fair sharing and long-term value. It says 80% of the 100 billion Pi tokens are for the community. The other 20% goes to the Pi Core team.
Also, 80% of the Pi tokens in use are locked for three years. This move helps keep the pi network token economics stable. It also helps maintain the token’s value over time.
The way Pi manages its cryptocurrency supply is key to its success. By controlling the token supply and using a lock-up system, Pi Network works towards a strong and decentralized pi token supply. This approach helps it handle market changes and meet the needs of its users.
Pi Coin Trading and Exchanges
Pi coins are not yet on big exchanges like Binance or Coinbase. The Pi Network project is still early. But, the Pi Network DeFi protocol plans to create its own token swap. This will let people trade Pi coins across different exchanges. For now, those wanting to buy or sell Pi coins might look at other platforms or wait for the project’s exchange listings.
Where to Buy and Sell Pi Coins
Currently, Pi coins trade on two exchanges: BitMart and HTX (Huobi). The most popular pair is PI/USDT on BitMart, with a trading volume of $304,733. The 24-hour trading volume for Pi Network is $381,010, with an average price of $37.70 per Pi coin.
Popular Pi Coin Trading Pairs
| Trading Pair | Exchange | Trading Volume |
|---|---|---|
| PI/USDT | BitMart | $304,733 |
| PI/USDC | HTX (Huobi) | $76,277 |
As the Pi Network project grows and the cryptocurrency becomes more popular, buying and selling Pi coins will likely get easier. Pi coins might be listed on bigger pi network defi exchanges and pi cryptocurrency trading platforms.
“The development of our own token swap is a key priority for the Pi Network team, as it will provide a secure and efficient way for our community to trade Pi coins with other cryptocurrencies and fiat currencies.”
– Pi Network Spokesperson
Pi Network DeFi Roadmap and Development
The Pi Network DeFi project has a big plan for its future. It aims to develop DeFi 3.0 features. This includes connecting the Pi token to many exchanges and allowing trading on various platforms.
The team is working hard to improve the token’s technology. They want to grow the user base and make the decentralized finance features better. They plan to release a new roadmap in two stages – one in mid-October and another in December.
Upcoming Features and Milestones
The first roadmap version, coming in mid-October, will highlight Pi Network’s achievements and current efforts. The second version, in December, will cover future goals for each product and program in the pi network defi roadmap.
The community is excited about these updates and new features. They’ve been waiting for news on mainnet. As the project moves forward, everyone is looking forward to seeing the pi coin development plans and pi network development updates.
Pi Coin Mining and Staking
The Pi Network makes mining cryptocurrency easy for everyone, thanks to smartphone-based mining. You can join by downloading the app and doing simple tasks. You also get to invite friends to join. This way, it makes mining accessible to all, offering a chance for a passive income.
Soon, the Pi Network will add staking to reward users more for their involvement. Staking Pi coins will earn you extra rewards and help keep the network safe and stable.
How to Mine Pi Coins on Your Smartphone
To mine Pi coins, first, download the Pi Network app and sign up. The app uses the Stellar Consensus Protocol (SCP) for mining, so you don’t need powerful computers or lots of energy. This makes mining easy for everyone.
- Download the Pi Network app on your smartphone
- Create an account and verify your identity
- Participate in the mining process by tapping the “Mine” button daily
- Invite friends to join the network and earn additional mining rewards
- Engage with the Pi Network community and contribute to the project’s growth
The Pi Network is planning to introduce staking soon. This will let users earn rewards by holding and securing their Pi coins. It’s set to encourage users to stay involved with the network for the long haul.
“The Pi Network’s focus on making cryptocurrency mining accessible through smartphone-based mining is a game-changer, democratizing the crypto space and creating new income opportunities for users.”
Pi Network DeFi Community and Adoption
The Pi Network DeFi project started in 2019 and has grown a big community. It makes crypto mining easy through smartphones. Now, it has over 55 million active participants by mid-2024. This shows how big the pi network has gotten and how engaged the pi coin community is in the pi cryptocurrency ecosystem.
The Pi Network is all about making mining easy for everyone. It doesn’t need powerful computers. This has helped a lot of people join, thanks to the app that works on many devices.
Over 10 million users have verified themselves by April 2024. This shows how much the pi network defi community believes in the project.
Getting listed on exchanges and adding DeFi 3.0 features will help the Pi Network grow even more. With its big plans and active users, the pi network defi community is set to be a big part of the future of crypto.
| Metric | Value |
|---|---|
| Active Pi Network Users | Over 55 million |
| Users Completed KYC Verification | Over 10 million |
| Active Users as of Early 2024 | Over 29 million |
| Pi Coin Price (USD) | $36.36 |
| Pi Coin Price Prediction (2024) | Up to $60 |
| Pi Coin Price Prediction (2025) | Up to $620 |
“The Pi Network’s accessibility and focus on inclusivity have been crucial in driving its remarkable user adoption. As the project continues to expand its DeFi ecosystem, the engaged community will play a vital role in shaping the future of the cryptocurrency market.”
Conclusion
The Pi coin, part of the Pi Network DeFi project, has seen big changes in price and interest lately. Right now, it’s worth $37.67 USD. But, its long-term success and value depend on many things. These include the network’s tech growth, the success of new features, and how the Pi Network DeFi community grows.
As the Pi project moves forward, it’s important for investors and fans to keep an eye on updates and trends. The potential prices for Pi coin from 2024 to 2034 look promising. This suggests a good return on investment for those who get involved in the project’s growth.
Some key points from the Pi Network DeFi story are its impressive growth from $1.222 to $200. This is a gain of over 16,000%. The project’s big plans and features, like mining rewards halving at certain milestones, hint at more price growth and usefulness for the Pi coin in the future.
FAQ
What is Pi Coin and the Pi Network?
Pi coin is the cryptocurrency of the Pi Network. It’s a project aiming to make crypto mining easy for everyone. The Pi Network started in 2019 by two Stanford Ph.Ds, Dr. Nicolas Kokkalis and Dr. Chengdiao Fan.
What are the key features of Pi Network DeFi?
Pi Network DeFi has cool features like an automatic dividend system. This system gives 1% USDT to the community from transaction fees. It also has a token burn protocol to keep the token price stable.
What is the current live price of Pi coin?
Right now, Pi coin’s price is .67 USD. The 24-hour trading volume is 0,297 USD. The market capitalization of Pi coin is not available.
How has the historical price performance of Pi coin been?
Pi coin’s price has seen big ups and downs since it started. Its all-time high was 0.65, but now it’s at .67.
What factors influence the price of Pi coin?
Many things affect Pi coin’s price, like supply and demand, trading volume, and the network’s progress. The Pi Network has 100 billion Pi tokens, with 68 million in use now.
What is the Pi Network DeFi tokenomics?
The Pi Network DeFi has 10 billion Pi tokens, all in use. Its tokenomics aim for a sustainable, decentralized ecosystem.
Where can I buy and sell Pi coins?
Pi coins aren’t on big exchanges like Binance or Coinbase yet. But, the Pi Network plans to create its own token swap. This will let people trade Pi coins on different exchanges.
What is the Pi Network DeFi roadmap and development plan?
The Pi Network DeFi has a detailed roadmap for its future. Phase 3 focuses on DeFi 3.0, connecting the Pi token to exchanges and enabling trading on various platforms.
How does the Pi Network mining process work?
The Pi Network makes mining easy through smartphone apps. Users can mine Pi coins by doing simple tasks and inviting friends to join.
How large is the Pi Network DeFi community?
Since starting in 2019, the Pi Network DeFi has grown a big community. Its smartphone-based mining has drawn millions of active users.