We’ll be thoroughly examining Pi coin’s current price, its projected future price, and evaluating whether Pi is the best cryptocurrency to invest in at the moment throughout this guide. Let’s get started.
Pi Coin Price Prediction Summary
We’ve outlined each year below for investors who are just interested in a quick overview of Pi Coin’s potential price.
- End of 2022 – If the mainnet release goes smoothly, we could see the price of Pi Coin hit up to $0.10
- End of 2023 – We might see Pi reach up to $0.24 after a few months for the project to develop use cases and mature.
- End of 2025 – By 2025, the token might be worth about $0.35 if the Pi network ecosystem develops further.
- End of 2030 – By the end of the decade, if the Pi network can maintain its growth and attract many new applications, the token could reach a high of $0.70.
History of the Price of Pi Coin
It is advised that you comprehend the Pi project’s goals and objectives before making a decision about your investment. When compared to cryptocurrency titans like Bitcoin and Ethereum, the Pi network is a relative newcomer. On March 14, 2019, a group of Stanford alums formally launched the blockchain protocol.
The first principle of cryptocurrencies, as put forth by Satoshi Nakamoto, the anonymous creator of the Bitcoin currency, is intended to be fulfilled by the Pi network, according to its whitepaper. Its goal is to restore the people’s financial power. This is the underlying motive of the project.
The Pi network seeks to develop a platform for smart contracts that is user-secured and managed. The protocol aims to foster the world’s most inclusive peer-to-peer (P2P) marketplace powered by the Pi utility token.
The network is forced to concentrate on truly decentralizing digital assets into the most important digital asset network, Bitcoin, by the influx of wealthy corporations. Only people and businesses with enormous resources can validate transactions in exchange for the network’s tokens due to the relative mining difficulty of the Bitcoin protocol. A robust, smartphone-friendly protocol is what the Pi network seeks to create.
Pi Coin Price Prediction 2022
It’s crucial to understand that our estimate of the price of Pi Coin will be based on the assumption that the mainnet actually launches as scheduled in 2022 before we proceed with our price prediction for that year. If something causes a delay, Pi won’t be available for purchase.
When the coin launches, there will probably be a lot of buzz because approximately 33 million people have a Pi wallet and are actively mining. However, it’s also critical to realize that many sellers will have been stockpiling Pi in advance of the mainnet launch.
With the value of cryptocurrency largely driven by supply and demand, these two parties will essentially battle it out upon the release of the coin. A significant rally may occur if there is increased buying pressure. If the selling pressure is greater, on the other hand, the price of Pi might drop until those who intend to sell as soon as possible are forced out of the market.
It’s worth reading the Pi whitepaper to get a sense of how the coin might fare in the future. It claims that adding the total rewards for mining, referring users, and developers will yield the total supply of Pi.
We can assume a 10% growth rate if the Pi network had 33 million users at the beginning of the year because fewer people are participating in the crypto space now that the market is down. This would put the total number of users at about 36.3 million.
Since each user would mine about 2.4 P per day at the current rate of around 0.1 Pi per hour, 87.1 million Pi would be added to the ecosystem each day.
While it’s challenging to provide a precise estimate of the supply because it changes so frequently, based on the Pi mining rate halving every time the number of users increased by a factor of 10, and a rough estimate for the daily number of Pi coins being mined at 87.1 million, we could estimate that there are roughly 200-300 billion Pi coins in circulation.
If the supply is assumed to be in the middle of these two ranges (250 billion), then Pi would require a market capitalization of $25 billion in order to be worth $0.10. Approximately 36.3 million people are currently using Pi. May 2018 saw Ethereum with a market cap of about $75 billion and roughly the same number of unique addresses. Therefore, the $0.10 price of the Pi network coin with a $25 billion market cap seems reasonable.
However, if the selling pressure is able to outpace the buying pressure, our Pi coin price prediction would place the token at a more conservative $0.01 with a market cap of $2.5 billion.
Pi Coin Price Prediction 2023
The goal of the Pi network is to create a decentralized cryptocurrency smart contracts network allowing people to create applications within the Pi network, with Pi miners acting as validators.
Looking a little further into the future, it’s likely that the Pi mainnet will be released and that any significant selling pressure will have passed by then. The first Pi-based applications could therefore be created at the ideal time. The ecosystem won’t likely reach its full potential for a few years after the mainnet’s launch, but this will significantly increase demand for Pi.
In addition, as more people join the network, the supply will rise as a result of the increased user base. The total number of Pi users would be around 43.5 million, with the total token supply at 300 billion, assuming a 20% growth rate to account for the hype created by the mainnet launch and use cases gradually being revealed.
We’ll talk about Ethereum’s historical growth once more because it’s one of the best altcoins. Following a few months of decline, by October 2018, the project had about 44 million distinct wallets and a market cap of about $25 billion.
With this in mind, we could expect to see the Pi cryptocurrency value at around $0.08 on the low end (market cap of $24 billion) or around $0.24 on the high end ($72 billion). However, it’s crucial to understand that a sizable number of applications will need to be under development on the network for the high end of our Pi cryptocurrency value prediction to materialize.
Pi Coin Price Prediction 2025
Because of the Pi ecosystem’s strong decentralization, inexpensive transactions, and energy-efficient design, we can anticipate seeing more developers become involved with it by 2025. This could cause our Pi coin price prediction to significantly increase, depending on the current state of the cryptocurrency market.
We could see about 57.5 million people using the Pi network with a total token supply of about 395 billion if we assume a 15% annual increase in the number of Pi users as the excitement surrounding the mainnet launch wanes but the number of applications on the networks increases.
With these numbers, a low-end Pi coin price prediction of $0.15 would give the token a market cap of approximately $59.25 billion. Whereas we could see numbers as high as $0.35 should adoption increase faster than expected.
Pi Coin Price Prediction 2030
Jumping ahead, by 2030, the project’s target of 100 million users will probably have been reached, meaning that the total number of Pi tokens in circulation will have reached its limit. As it stands today, the team has not revealed whether mining rewards will be eliminated in favor of another consensus mechanism or if another reward halving will occur.
According to some analysts, the global cryptocurrency market will grow at a CAGR of about 11.1% per year. It makes sense that, if the Pi network is properly managed, the value of the cryptocurrency would increase similarly. As a result, we expect the price of Pi coin to range between $0.25 and $0.70.
Although it is far from an exact science, many analysts use technical indicators to forecast the future of these digital assets, and some crypto traders have been looking for Bitcoin price predictions. BTC’s health and price trajectory typically have a significant impact on other well-known altcoins, given that it is the biggest cryptocurrency on the market.
Pi Coin Price Potential Highs & Lows
We’ve provided this helpful comparison table so that an investor can easily determine how much Pi coin will be worth in a particular year.
Year | Low Pi Coin Price Prediction | High Pi Coin Price Prediction |
2022 | $0.01 | $0.10 |
2023 | $0.08 | $0.24 |
2025 | $0.15 | $0.35 |
2030 | $0.25 | $0.70 |
Where to Buy Crypto Coins
Due to Pi’s large user base, it makes sense that the asset will be listed on some of the top exchanges in the world even though it may not yet be possible to buy Pi. We could anticipate seeing it listed on the platform soon since regulated broker eToro is frequently at the forefront of the cryptocurrency industry when it comes to adding exciting new projects.
EToro – Regulated Broker With CopyTrading and Low Commission
Pros
- CopyTrade Feature
- Low transaction fees
- User-friendly interface
- Heavily regulated
- No deposit fees
- Offers one of the best crypto apps on the market
Cons
- A withdrawal fee of $5
With over 27 million traders and investors worldwide, eToro, which was founded in 2007, has developed into a crypto powerhouse. In contrast to many crypto exchanges, eToro is overseen by a number of prestigious organizations, including the FCA, CySEC, and ASIC.
One of the main draws to the eToro platform is its huge range of assets available to invest in. The platform offers over 3000 stocks, 73 of the best cryptocurrencies to buy, as well as a wide range of other ETFs, commodities, and FX pairs. Considering that the majority of investors like to diversify in order to lower risk, eToro seems like a great option.
eToro offers copy trading capabilities in addition to a wide range of assets. Users are able to trade and learn strategies with little effort thanks to the ability to automatically mirror the positions that seasoned traders take. The broker also produces a ton of educational content on the eToro Academy to help those who are just getting started.
One of eToro’s most well-known features is its ability to let users trade with little cost. The system allows for commission-free stock CFD trading as well as CFD trading on cryptocurrencies for a meager 1% fee. Combine this with a minimum deposit starting at just $10 for US residents and it’s clear to see why so many investors flock to eToro.
Overall, eToro is a very capable exchange that provides perhaps the best ratio of inexpensive fees, potent features, and a wide range of assets of any broker on the market. Additionally, eToro is one of the best cryptocurrency apps available right now because of the eToro Academy, which makes it simple to learn the ins and outs of trading.
Is Pi Coin the Best Crypto to Invest in Today?
While Pi Coin is an interesting project that could perform rather well, it’s not yet available to purchase, making it impossible to invest in Pi Coin today. Our investigation led us to another early-stage project, though, that has already established itself as one of the best crypto presales of the year. Let’s take a look.
Tamadoge – Play-to-Earn Meme Coin Packed With Potential
Investors have proven to love the utility-focused meme coin called Tamadoge. The Tamaverse, a distinctive and stunning metaverse, serves as the project’s focal point. Players can explore this virtual world and engage with NFT-based Tamadoge pets as well as other players.
Players are able to level up their pets using items from the in-game store in order to gain Dogepoints and raise their leaderboard ranking. A player will receive a larger share of the rewards pool at the end of each month the higher on the leaderboard they are.
There are plans to introduce support for virtual reality headsets later in the development cycle and to develop an augmented reality app that will enable mobile pet interaction. Furthermore, a series of tokenized, tradable arcade-style P2E games are expected to release which will likely drive up demand for the project significantly.
The project’s presale sold out weeks in advance of schedule, raising a whopping $19 million, making it a resounding success for the Tamadoge team. These funds will be used to support the project’s full development, which should reassure any investors concerned about the project’s long-term crypto growth.
There is no better time to get involved now that Tamadoge is accessible to US citizens on both the OKX centralized exchange (CEX) and the OKX decentralized exchange (DEX). The project’s core functionality is anticipated to launch in Q4 2022, so the token is probably in for big things in the future. It is worthwhile to join the Tamadoge Telegram group right away if you want to keep up with the project’s progress.
Conclusion
We’ve examined the Pi Coin project in-depth throughout this guide, offered our prediction for the price of Pi Coin, and covered a competing cryptocurrency project that holds a lot of promise.
A P2E meme coin called Tamadoge has recently become extremely popular. The project was a huge hit during its presale and demand continued climbing after it was listed on OKX with daily volumes hitting over 75 million TAMA. Utilize OKX tokay to stock up on tokens before the upcoming major announcement drives prices higher.
FAQs
Is Pi Coin the Best Crypto to Invest In?
We have reviewed the price of Pi coin and discussed the main features of this cryptocurrency asset. However, we believe that Dash 2 Trade and IMPT are two of the best cryptocurrencies to invest in right now.
What Will Pi Coin Be Worth in 2023?
The Pi Coin mainnet should be made available by 2023, by which point the ecosystem will have had some time to develop. As a result, we expect to see lows of $0.08 and highs closer to $0.24
What Will Pi Be Worth in 2025?
As developers look toward effective smart contract platforms, the Pi network ecosystem will probably have significantly grown with more time to grow. In light of this, our Pi coin price prediction pegs the asset at a low of $0.15 or a high of $0.35 depending on how well it performs.
What Will Pi Coin Be Worth in 2030?
Although it’s difficult to predict prices this far out, Pi Coin may trade for between $0.25 and $0.75 as cryptocurrency adoption increases on a global scale.
What Was the Starting Price of Pi Coin?
Pi Coin cannot be traded and has no value up until the mainnet is completely released. The token may nevertheless reach about $0.01 at launch.
What Was Pi Coin’s Highest Price?
As of right now, Pi Coin has never been traded publicly. As such, it has no price history. However, to give a possible top, the highest price on our Pi coin price prediction was $0.70.
Is Pi Coin a Good Investment?
How things will turn out for Pi Coin is currently impossible to predict. It’s entirely possible that the project will succeed because it has a great idea and lofty goals. If a potential investor thinks the project has a good chance of succeeding, there is no risk in looking into mining Pi Coin.
Conclusion
In conclusion, this Pi coin price prediction has discussed our forecast for the month and years ahead for Pi. We looked at the use cases for the token and its market potential after it launches. Pi Network promises to resolve web-scale problems while balancing the scarcity and availability of cryptographic assets. Although millions of users have registered and become active members, the network model and the precise launch date are still unknown.
As an alternative, two of the best brand-new cryptocurrencies to invest in right now are Dash 2 Trade (D2T) and IMPT (IMPT). Pre-sale pricing for D2T and IMPT are $0.0513 and $0.023, respectively.