Imagine a cryptocurrency with over 35 million users and 68 million coins in circulation. This is Pi Network, a blockchain project that’s caught the world’s crypto fans’ eyes. The Pi coin, its native cryptocurrency, is growing fast. It’s important for investors and fans to know its value and market trends.
The Pi coin’s real-time price is $37.85 USD. Its 24-hour trading volume is $340,767. The max supply is set at 100 billion Pi coins. Over the last week, its value went up by 9.63%. In the last month, it rose by 7%.
Key Takeaways
- Pi Network started on March 14, 2019, and now has over 35 million users.
- The Pi coin’s price is $37.85 USD, with a daily trading volume of $340,767.
- It has seen a 9.63% increase in value over the past week.
- It’s not listed on exchanges yet, and its market cap is unknown.
- The Pi Network aims to create a marketplace for trading goods and services with Pi coins and connect with other blockchains.
What is Pi Coin?
The Pi Coin is a new kind of digital money project. It started in 2018 and uses blockchain tech. This lets users mine Pi coins on their phones, unlike old mining ways.
Origins and Purpose of Pi Network
The Pi Network aims to make a digital world where everyone can join the crypto revolution. It lets people mine Pi coins by doing simple tasks on their phones. This makes mining easy and open, unlike the old ways that needed special gear and lots of power.
Decentralized Ecosystem and Blockchain Technology
At the heart of Pi Coin is blockchain tech for a decentralized network. This setup and focus on decentralized finance and mining rewards make it different from old money systems. It aims to give more people control over their money.
The Pi Network’s new way of using decentralized ecosystem and blockchain technology has caught a lot of attention. With over 35 million users mining, its future impact is something people are watching closely.
“Pi Network’s mission is to create a cryptocurrency and financial ecosystem that is highly accessible, equitable, and global in reach.”
Current Pi Coin Value
Live Pi Price and Market Capitalization
The current live Pi price is $37.24 USD, showing a 1.52% drop today. The 24-hour trading volume is $664,750, which is 0.13% of the total cryptocurrency market. Pi Network’s market capitalization is $0, with 0 PI coins in circulation. But, it has a maximum supply of 100 billion coins. Remember, Pi’s price changes a lot due to market factors.
Pi Network reached an all-time high of over $307.49 on December 30, 2022. Now, its value is 34.34 €, with a -0.01% change in the last 24 hours. The trading volume is 348,319.2 €. Pi’s highest price was 288.59 €, and its lowest was 0.050764 €.
The price of Pi Network changes based on supply and demand on exchanges. Many things affect its value, like the economy, laws, and even famous people’s support. Exchanges are key in setting Pi’s trading and price.
| Metric | Value |
|---|---|
| Live Pi Price | $37.24 |
| 24-Hour Trading Volume | $664,750 |
| Market Capitalization | $0 |
| Circulating Supply | 0 PI |
| All-Time High | $307.49 |
What the future holds for Pi Network depends on many things like laws, how people use it, and new tech. Predicting its price is hard. Smart investors put their money in 10 or more cryptocurrencies. They look at growth, how much it swings, and its special area. For more on the best cryptocurrencies to buy now, check out this article.
Factors Influencing Pi Coin Value
The value of Pi coin changes due to supply and demand, adoption, and its use in the Pi Network. These factors are key in shaping the future value of digital assets like Pi coin.
Supply and Demand Dynamics
Pi coin’s value may rise because of its limited supply and growing demand from the Pi community. More people joining the Pi Network means more demand for Pi coin. This could make the price go up if the network keeps growing.
Adoption and Utility
Pi coin’s long-term value is tied to its real-world use. As it gets used in things like DeFi apps, e-commerce, and daily transactions, its value will grow. The more people use and accept Pi coin, the more valuable it will be seen by investors and users.
Technological improvements in the Pi Network, like better scalability and security, will make Pi coin more appealing and useful. This could lead to a higher value for Pi coin.
“The value of Pi coin is not just about the supply and demand dynamics; it’s also about the network’s ability to create real-world applications and drive widespread adoption.” – Pi Network Developer
The factors affecting Pi coin’s value will get more complex as the cryptocurrency market changes. Knowing these factors helps investors and users make better choices about Pi coin’s future.
Pi Coin’s Trading Volume
Pi coin, a cryptocurrency from the Pi Network, has seen a lot of trading activity. Its 24-hour trading volume is $380,229.89 USD. This shows a strong interest from traders and investors.
Popular exchanges like Binance, Kucoin, and Kraken are key places to trade Pi coin. They offer Pi trading pairs, such as PI/USDT. This makes it easy for users to buy and sell the cryptocurrency.
| Cryptocurrency Exchange | Pi Coin Trading Pair |
|---|---|
| Binance | PI/USDT |
| Kucoin | PI/USDT |
| Kraken | PI/USDT |
The trading volume of Pi coin shows its market strength and interest from investors. As the Pi Network grows, its trading volume will likely change. This will be due to factors like adoption, regulatory changes, and market feelings.
“The trading volume of a cryptocurrency is a key metric that provides insights into the overall market activity and liquidity of the asset.”
Watching the trading volume of Pi coin helps investors and fans understand its market. It helps them make smart choices about buying, selling, or holding the cryptocurrency.
Historical Price Trends
Pi coin’s value has seen big ups and downs, showing how unpredictable the crypto market can be. It hit an all-time high of $43.04 on July 13, 2024. This was a big moment for the digital currency. On the other hand, its lowest price was $36.29 on August 9, 2024, showing how its value can change a lot.
All-Time Highs and Lows
Pi coin’s price has swung a lot, with a difference of up to $6.47 on July 12, 2024. The most trading happened on August 6, 2024, with 455,236 transactions. This shows a lot of activity in the market then. The biggest gap between high and low prices was $5.96 on August 6, 2024, showing how unpredictable it is.
Pi coin’s price has been all over the place, starting at $36.77 on August 1, 2024, and reaching $43.04 on July 13, 2024. But it also had its lows, with the biggest drop of $3.66 on July 31, 2024.
| Metric | Value |
|---|---|
| Highest Closing Price | $43.04 (July 13, 2024) |
| Lowest Closing Price | $36.29 (August 9, 2024) |
| Highest Trading Volume | 455,236 (August 6, 2024) |
| Highest High-Low Gap | $5.96 (August 6, 2024) |
The ups and downs in Pi coin’s value show how unpredictable the crypto market is. For investors and fans, knowing about Pi coin’s past prices can help them make better choices.
Exchanges for Buying and Selling Pi
Exploring the world of cryptocurrency trading can feel overwhelming, especially with Pi coin. Yet, some top crypto exchanges have made it easier to buy and sell Pi.
Leading exchanges like Binance, Kraken, and Kucoin are great for buy and sell pi. They offer trading pairs like PI/USDT. This lets users buy, sell, and trade the cryptocurrency easily.
The Crypto Deal Directory also offers special deals and bonuses from these trading platforms. This makes getting Pi coin easier for everyone.
| Exchange | Trading Pairs | Trading Volume |
|---|---|---|
| Binance | PI/USDT | $303,955 |
| Kraken | PI/USDT | $77,402 |
| Kucoin | PI/USDT | $54,287 |
As Pi Network grows, more crypto exchanges will offer buy and sell pi. This will give investors more choices in this exciting cryptocurrency.
Secure Wallets for Storing Pi
Keeping your cryptocurrency safe is key, especially with new projects like Pi Coin. Hardware wallets are top picks for keeping your Pi safe.
Ledger and Trezor are two top choices for storing Pi Coin. They’re known for their strong security, making them a favorite among crypto investors. The Crypto Deal Directory offers special deals on these cryptocurrency wallets and hardware wallets.
Pi Network now lets you create a new wallet for extra security. This wallet needs a 24-word passphrase to open it, and it can’t be gotten back if forgotten. Pi Network warns not to share this passphrase to avoid losing your Pi coins.
| Wallet Type | Security Features | Ease of Use | Cost |
|---|---|---|---|
| Ledger | Hardware-based security, PIN code, and recovery seed | Intuitive user interface, mobile app support | $59 – $119 |
| Trezor | Hardware-based security, PIN code, and recovery seed | User-friendly design, supports multiple cryptocurrencies | $55 – $199 |
“Securing your Pi Coin holdings with a hardware wallet is one of the best ways to protect your investment and avoid potential theft or loss.”
Pi Coin Value and Market Capitalization
The current market capitalization of Pi coin is $0, with 0 coins in circulation. But, the maximum supply is 100 billion coins. Experts say if Pi reaches a tenth of Bitcoin’s market cap, each coin could hit $14. If it reaches a fifth of Bitcoin’s cap, it could be worth $28.
These predictions are based on Pi’s potential to grow and be adopted widely in the crypto market.
The live Pi price is $37.57, up 0.92% in the last 24 hours. The 24-hour trading volume is $381,705.92 USD. With 68 million coins in circulation, Pi hit an all-time high of over $307.49 in December 2022. Despite having no market capitalization now, many think Pi could increase in value.
| Metric | Value |
|---|---|
| Market Capitalization | $0 |
| Circulating Supply | 68 million PI |
| All-Time High | $307.49 |
| Current Price | $37.57 |
| 24-Hour Trading Volume | $381,705.92 |
The value of Pi coin depends on market capitalization, cryptocurrency valuation, and digital asset pricing. As Pi Network grows and gains more users, its market position and growth potential will affect its value.
Investment Strategies and Portfolio Diversification
Investing in Pi Coin requires looking at different strategies and how it fits in a varied portfolio. It’s important to weigh the risks and rewards of Pi Coin and its future growth before putting money into it.
Adding a mix of well-known digital coins, meme coins, and new projects like Pi Coin can lower risk and maybe increase returns. This mix exposes you to various sectors, technologies, and market trends. It also lessens the dependence on just one asset’s success.
Dollar-cost averaging is a good strategy. It means putting the same amount of money into Pi Coin at regular times, no matter the price. This method helps even out market ups and downs and lessens the effect of short-term price changes.
Thinking long-term is also key in the changing world of cryptocurrency. Focusing on Pi Coin’s growth over time helps you handle short-term market changes. It also lets you benefit from the project’s long-term growth and wider acceptance.
| Investment Strategy | Key Considerations |
|---|---|
| Diversification | Put a part of your portfolio into cryptocurrencies like Pi Coin and spread it across other assets to reduce risk. |
| Dollar-Cost Averaging | Put the same amount of money into Pi Coin at set times to even out market ups and downs and lessen the effect of short-term price changes. |
| Long-Term Mindset | Take a patient, long-term view to benefit from Pi Coin’s growth and its place in the wider cryptocurrency world. |
Using a varied approach, smart investment methods, and a long-term view can help investors in the cryptocurrency market, including Pi Coin, achieve their financial goals.
“Successful investing is about managing risk, not avoiding it.” – Benjamin Graham
Comparison with Other Cryptocurrencies
The world of cryptocurrency is always changing. It’s important to see how Pi Coin stacks up against other digital assets. This helps us understand its special place and what it might achieve.
Meme Coins and Established Digital Assets
Meme coins like Dogecoin and Shiba Inu have become big names fast, even if they’re mostly for fun. They’re popular because of their strong online communities and social media buzz. But, they often don’t have the solid tech or real-world use that helps them grow over time.
On the other hand, established digital assets like Bitcoin and Ethereum have a strong history, are more widely used, and have advanced blockchain tech. They’ve proven they can last.
Pi Coin aims to be easy to use and use less energy to mine. It might get as big as meme coins. But, it will also compete with the well-known cryptocurrencies in the finance world. Pi Coin’s success will depend on standing out and offering useful features that people and investors like.
| Cryptocurrency | Consensus Mechanism | Blockchain Structure | Development Status |
|---|---|---|---|
| Bitcoin | Proof of Work | Transparent and Immutable | Fully Operational |
| Pi Coin | Proof of Contributions | Undisclosed | Testnet Phase |
Looking at Pi Coin, meme coins, and well-known digital assets shows the challenges and chances Pi Coin has. It needs to stand out and be useful to succeed in the fast-changing crypto world.
Future Potential and Adoption
The Pi Network and its cryptocurrency, Pi Coin, have a lot of potential for growth and use. They stand out because they make mining easy and open to everyone. This could make Pi Coin more valuable and popular over time.
Millions of people around the world use Pi Coin, making it a user-friendly digital currency. The way it mines coins on mobiles is secure and can handle a lot of users. This makes it a strong choice for a digital currency.
People in the community help shape Pi Coin, giving feedback and ideas. This teamwork, along with following the rules and standards, is key to its success. Working with online platforms and services will also help make Pi Coin more useful and popular.
Soon, we expect to see more people using Pi Coin. Its easy access and reach could make it big, especially in places where mining is hard. But, its success depends on the market, new tech, and following the rules.
Getting through KYC checks and moving to the Open Mainnet are big steps for Pi Coin. Making it faster and more secure is important for people to trust it. Growing its user base and creating real-world uses, like online payments, will boost its value and presence.
Other cryptocurrencies will compete with Pi Coin, but working with businesses and other blockchain projects can help. If things go well, Pi Coin could be very popular and valuable by 2030. But, it might also face challenges and grow slowly, finding its own special place in the market.
“The Pi Network’s focus on accessibility and inclusivity through its mobile-based mining approach sets it apart from traditional cryptocurrency models.”
Conclusion
The value of Pi coin is complex and depends on many factors. These include supply and demand, how widely it’s used, trading volume, and past price trends. Even though Pi’s market value and price are low now, it could grow if the Pi Network gets more popular and useful.
Before investing in Pi coin, investors should look into the market, risks, and future possibilities. The predictions for Pi coin’s price range from $37.78 to $181.24 by 2025. This suggests Pi coin could see big growth if more people start using it.
The future of Pi coin’s value hinges on becoming a trusted and widely accepted cryptocurrency. As the Pi Network grows and finds new uses, investors and users should keep up with the latest news. This will help them make smart choices about this new cryptocurrency.
FAQ
What is the current real-time Pi price?
The current real-time Pi price is .50 USD. This is based on a 24-hour trading volume of 1,329.
What is the market capitalization and circulating supply of Pi?
The market capitalization and circulating supply of Pi are not currently known. However, the maximum supply is set at 100 billion coins.
How has the Pi price changed recently?
Pi’s price has grown by 1.70% in the last day and 3.74% in the last 7 days. It is currently 88.58% below its all-time high and 20,945.98% above its all-time low.
What is the goal of the Pi Network?
The Pi Network aims to build a decentralized ecosystem and cryptocurrency network. It uses blockchain technology. Users can “mine” Pi coins by doing simple tasks on their mobile devices.
What is the current live Pi price and trading volume?
The current live Pi price is .75 USD. The trading volume in the last 24 hours is 3,361.
What factors influence the value of Pi coin?
Pi coin’s value is affected by supply and demand, adoption, and its utility in the Pi Network ecosystem.
Where can Pi coin be bought and sold?
Pi can be bought and sold on Binance, Kucoin, and Kraken. These exchanges offer Pi trading pairs like PI/USDT.
What is the historical price range of Pi coin?
Pi coin’s all-time high was 0.65 on December 30, 2022. Its lowest price was
FAQ
What is the current real-time Pi price?
The current real-time Pi price is $37.50 USD. This is based on a 24-hour trading volume of $381,329.
What is the market capitalization and circulating supply of Pi?
The market capitalization and circulating supply of Pi are not currently known. However, the maximum supply is set at 100 billion coins.
How has the Pi price changed recently?
Pi’s price has grown by 1.70% in the last day and 3.74% in the last 7 days. It is currently 88.58% below its all-time high and 20,945.98% above its all-time low.
What is the goal of the Pi Network?
The Pi Network aims to build a decentralized ecosystem and cryptocurrency network. It uses blockchain technology. Users can “mine” Pi coins by doing simple tasks on their mobile devices.
What is the current live Pi price and trading volume?
The current live Pi price is $37.75 USD. The trading volume in the last 24 hours is $303,361.
What factors influence the value of Pi coin?
Pi coin’s value is affected by supply and demand, adoption, and its utility in the Pi Network ecosystem.
Where can Pi coin be bought and sold?
Pi can be bought and sold on Binance, Kucoin, and Kraken. These exchanges offer Pi trading pairs like PI/USDT.
What is the historical price range of Pi coin?
Pi coin’s all-time high was $330.65 on December 30, 2022. Its lowest price was $0.1794 on April 7, 2024.
What are the recommended hardware wallets for storing Pi coin?
Ledger and Trezor are recommended for securely storing Pi coin. They are among the safest hardware wallet options.
What is the potential market capitalization and price projections for Pi coin?
If Pi reaches one-tenth Bitcoin’s market cap, each coin could be worth $14. If it reaches one-fifth, it could be worth $28.
How should investors approach investing in Pi coin?
Investors should look at the risks and rewards of Pi and its growth potential. Diversifying your cryptocurrency portfolio can reduce risk and improve returns.
How does Pi coin compare to other cryptocurrencies?
Pi might reach a market cap like Dogecoin and Shiba Inu. But it will compete with established assets like Bitcoin and Ethereum.
What is the future potential and adoption of the Pi Network?
The Pi Network and Pi coin have big growth and adoption potential. Its mobile-based mining makes it stand out from traditional cryptocurrencies.
.1794 on April 7, 2024.
What are the recommended hardware wallets for storing Pi coin?
Ledger and Trezor are recommended for securely storing Pi coin. They are among the safest hardware wallet options.
What is the potential market capitalization and price projections for Pi coin?
If Pi reaches one-tenth Bitcoin’s market cap, each coin could be worth . If it reaches one-fifth, it could be worth .
How should investors approach investing in Pi coin?
Investors should look at the risks and rewards of Pi and its growth potential. Diversifying your cryptocurrency portfolio can reduce risk and improve returns.
How does Pi coin compare to other cryptocurrencies?
Pi might reach a market cap like Dogecoin and Shiba Inu. But it will compete with established assets like Bitcoin and Ethereum.
What is the future potential and adoption of the Pi Network?
The Pi Network and Pi coin have big growth and adoption potential. Its mobile-based mining makes it stand out from traditional cryptocurrencies.