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Pi Coin Price Prediction 2023, 2025, 2030 — Will Pi Hit $5?
2023/09/15By:
In this post, we’ll discuss the highly popular Pi coin, including its background in pricing and our predictions for 2023 and 2030. We’ll also figure out if it’s a good idea to invest in it beyond 2023.
Caution is Advised: The following piece discusses our forecast for the Pi coin price (a Huobi-traded token). However, keep in mind that the mainnet has not yet been released, and that the prices displayed on some exchanges merely represent IOUs, which may not be tradable between different exchanges.
Depending on the number of tokens in circulation, the price may drop significantly once the mainnet becomes live. The Pi network made it clear on Twitter that they did not communicate with Huobi or any other cryptocurrency exchanges before the listings went live.
What is Pi Coin?
A group of recent Stanford grads designed and released the Pi coin on March 14, 2019. During the launch, participants were given a free Pi mining program that allowed them to mine the cryptocurrency on their mobile devices.
The number of people using the cryptocurrency had risen to over 100,000 by the end of June 2019. There were more than 3.5 million monthly active users by February of 2020. The network now boasts over 29 million active members, which is more than quadruple its March 2021 user count.
The cryptocurrency’s supply is controlled by half the reward every completed transaction. The Pi network, for instance, saw its decrease from 1.6 to 1.0 when it hit 100,000 subscribers. When it reached 1 million users and again when it hit 10 million users, the procedure was repeated. Once it reaches zero, at which point there will be one billion active users, it will continue halving itself every year until it reaches zero.
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Pi Coin Price History
On March 14, 2019, a group of Stanford University alums released their blockchain technology to the public.
Even though the Pi network is still in development, the blockchain project has seen widespread adoption. There were over 100,000 regular users of the protocol as of June 2019, and that number was expected to grow to over 29 million by May 2020. There are more than 33 million individuals using the Pi network right now.
There has been much contention over Pi Network as of late. Keep be mind that the mainnet is still in development and may not be tradeable until its release. As a result, the current market valuation is a mystery, as there has been no official announcement regarding the total number of coins in circulation.
Pi Coin Price Prediction
Pi Network (Pi Network) has experienced tremendous growth in the crypto industry since its start date. When Pi Network reaches a new ATH level at the end of the year 2022, it will have provided an excellent return to its early backers. In December of 2022, Pi Network reached its all-time high price of $307.49. Since then, Pi Network’s performance has been very bearish.
Our forecasts show that over the following decade, Pi Network prices will continue to grow, eventually reaching a new all-time high of a few zeros in the year 2030. Pi Network’s performance has taken a hit this year along with the rest of the cryptocurrency market. In the future months, Pi currency may be able to rebound if another bull run occurs.
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Pi Coin Price Prediction 2023
We may not know how well Pi Coin will do in the next years until the end of this year, but 2023 could be a strong year for it. Team success in getting the coin listed on key exchanges could lead to a huge price increase. Still, until then, we should all exercise caution.
While it’s important to exercise caution, it’s also important to acknowledge how much progress Pi Network has made in the past and how many dedicated fans and regular users it has attracted. Given these factors, an increase in Pi Coin price to $0.00984 by the end of 2023 is reasonable.
Pi Coin Price Prediction 2024
It is intriguing to observe that Pi Coin has been around for a long time without being included on any of the big cryptocurrency exchanges, brokerages, or related investing platforms. If it doesn’t get listed, we still expect it to be around for a while because it has a thriving community.
Even if it doesn’t, the Pi Coin Price is still anticipated to rise by 2024. By that time, it’s feasible the coin will have been added to major trading platforms. If it continues to be utilized in the same way as it is currently, the PI coin price projection for 2024 is $0.01276.
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Pi Coin Price Prediction 2025
According to my 2022 forecast for the value of one Pi coin, I anticipate that the cryptocurrency will debut in the second half of that year with a price tag of between $0.2 and $0.5.
My 2025 Pi price prediction is bullish due to the widespread adoption of the coin and the widespread use of supporting technologies, such as Stellar Consensus Protocol (SCP) on The Pi Network. So, I think the cryptocurrency will be worth more than a dollar by 2025. This is, of course, an underestimate, but previous experience with similar cryptocurrencies has led me to predict a range of at least $1 to $1.5 by 2025.
Pi Coin Price Prediction 2030
The future of the Pi currency is uncertain, and as it has not yet begun trading, we can only speculate as to its value in 2030.
My forecast for the value of a Pi coin in 2030 relies on the same criteria as my prior forecast. If I were to make a guess, I’d say the cryptocurrency will be worth roughly $5. As the halving cycles progress, it will become increasingly difficult to mine fresh Pi coins, but billions will still be available. This is why I do not believe that the cryptocurrency will be worth more than $5 in 2030.
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Is Pi Coin a Scam?
Pi Coin potential investors frequently wonder if their investment will be scammed.
Because Pi Coin is not yet accepted as payment anywhere, this is a legitimate concern. Moreover, one can wonder what’s taking so long for the project’s introduction on markets.Many Pi coin investors are currently (temporarily) out of pocket, and the crypto’s value is more speculative than objective.
But from what I’ve seen so far, I can say that PI Coin is a legit endeavor. This is due to the fact that developers have pledged to make it available on decentralized markets by the summer’s end.
As of now, the project also has one of the largest online user bases in its field. Its developers have always been responsive to these users, showing they want to make changes based on community feedback.
In addition, the project has not shown any red flags that it is a scam in the few years that it has been active. This proves that the PI coin is not a hoax.
Is Pi Coin a Good Investment?
Speculative analysis, as opposed to fundamental and technical analysis, is now the only basis for Pi Coin investments.
It’s possible that prices won’t “pun out” as indicated by my analysis, despite the fact that it’s quite positive. Speculative analysis carries a significant level of risk. Consequently, the potential rewards and losses of investing in Pi Coin are enormous.
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Is Pi coin Safe?
Not all experts who speculate on the value of Pi Coin are concerned with whether or not the Pi Network is legitimate. There is no evidence to support the claim that a single Pi may be worth anywhere from $10 to $100 at present, and the company behind the Pi Network hasn’t given much comprehensive information on the project’s specifications.
The Pi Network’s app now features advertisements, which may indicate that monetizing the service’s millions of users is its primary goal. The fact that users have to give their full names, phone numbers, and Facebook handles in order to download the app is also a problem.
Pi Coin Price Prediction: FAQs
1.Should you invest in Pi Coin?
Some have questioned whether or not Pi Network and Pi Coins are genuine, although there are good grounds to think they are. However, we cannot proceed until the coin is listed on major exchanges.
2.When and where can I get Pi Coins (PI)?
No cryptocurrency exchanges currently offer PI for purchase. However, once it is listed, eToro will be a reliable brokerage for purchasing and selling PI.
3.How high can Pi Coin go?
Over the next few years, we anticipate PI Coin’s value will increase. By 2022’s conclusion, our calculations estimate that one coin will be valued around $0.008006. Forecasts put the value of PI at $0.00984 in 2023, $0.01683 in 2025, and $0.07862 in 2030.
Disclaimer: Pi coin carries a high level of risk and it is not recommended to trade this coin.
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