Pi Network Mainnet Launch Date Approaches: What’s Next?

Written by C, Fiona
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Last updated: 02/19/2025 16:00

Depending on market demand, early holder sell-offs, and exchange support, Pi Coin‘s debut price may be anywhere from $20 to $80. Users should anticipate significant volatility and the possibility of a mass sell-off pushing prices lower.

 

 

The eagerly anticipated Open Mainnet launch of Pi Network is scheduled for February 20, 2025. Many people are curious about what Pi Coin’s debut price would be once actual trading starts, given the millions of early adopters and growing speculative interest.

 

Its market valuation will be influenced by a number of important aspects, such as price anchoring across markets, early holding behavior, and exchange support.

 

 

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IOU Market vs. Real Trading

 

The IOU price of Pi Coin has lately increased by more than 66%, peaking at $83.28 before settling back down to $61.70. Speculative in nature rather than a reliable reflection of market value, these IOUs cannot be transferred across exchanges. Real demand, liquidity on the sell side, and exchange availability will determine prices once trading begins.

 

The disparity between Pi’s $1 trading price on the Taiwan P2P market and its $48.30 IOU futures price poses a significant concern. There seems to be some doubt over the true value of Pi given this difference. Potentially lower prices could emerge if early adopters place a deluge of sell orders. It may, however, find a stable place at or above the present IOU valuation if demand exceeds supply.

 

Source: CoinMarketCap

 

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Listings on exchanges and investor trust

 

Whether or not major exchanges support Pi Coin will determine its debut price. Despite OKX’s listing confirmation, Binance and HTX have been mum on the subject of official support announcements. Bitget withdrew relevant details after first contemplating the coin, while Bybit’s CEO flat-out rejected Pi.

 

 

 

In the near run, prices could rise due to early liquidity if big exchanges start offering spot trading. Liquidity will be low and price discovery could be impacted if the exchange is not strongly supported. Many significant listings experience an initial boom followed by dramatic corrections; traders will be watching Pi Coin attentively to see if it follows this pattern.

 

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Supply Pressure and Revenge Selling

 

Years of anticipation have finally paid off for many early Pi miners. Pi miners, in contrast to participants in more conventional cryptocurrency projects, have been hoarding tokens without a way to cash them in. This sets the stage for a situation where a flood of coins could enter the market all at once, which could lead to a decline in price.

 

If there isn’t strong buy-side support, a large-scale sell-off from pioneers might drive Pi Coin below $20. Prices may stay closer to the $50–$80 range of IOUs if a large fraction of holders opt to stake or hold.

 

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Market Attitude and Prospects

 

Pi Network has amassed an enormous following, and the anticipation of the mainnet launch is palpable. Utility, adoption, and larger market dynamics determine lasting worth, nevertheless. Pi may be able to sustain a high price if it can draw in practical use cases and connect to current financial institutions.

 

Depending on a number of factors such as the number of available exchanges, the trend in the price of IOUs, the actions of early holders, and actual demand, the launch price of Pi Coin might be anywhere from $20 to $80. It could drop to the bottom if sellers drive prices down, but it could stay over $50 if demand is high and the exchange supports it. Soon, actual price discovery will take place, so traders and investors should be ready for turbulence.

 

 

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Why Choose BTCC?

BTCC is known as the world’s longest-running exchange. Since its establishment, the platform has withstood multiple bull and downturn markets without reporting a single hacking incident, making it one of the most trusted exchanges in existence.

 

BTCC Exchange

The firm’s products are designed to meet the needs and desires of both rookie and experienced traders. Here are five reasons for using the exchange:

 

  • Available Cryptocurrencies on the Exchange

 

As a leading cryptocurrency exchange, BTCC’s platform supports over 300 cryptocurrencies, allowing investors to diversify their digital portfolios and explore numerous investment opportunities in the digital currency market. The site also provides access to newer but equally intriguing alternatives, including Litecoin (LTC) and Ripple (XRP).

The number of trading coins is projected to increase as BTCC is committed to innovation and adopting new yet promising digital currencies in order to reach a wider spectrum of traders.

 

  • Easy to use

 

When choosing a decent cryptocurrency exchange, simplicity of use is an important thing to consider. The BTCC app has an intuitive and user-friendly layout that is appropriate for both new and experienced traders, making trading on the platform simple and efficient. It contains features like as price alerts and real-time market data, which improve the trading experience. The program also includes security features like two-factor authentication and cold storage for cash.

 

The site includes a competent charting system that displays information such as a cryptocurrency’s 24-hour price movement, 24-hour low/high, and daily volume. These features make it simple to use and available to the great majority.

 

  • Reputable Customer Service

 

BTCC has a good reputation in terms of customer service. The exchange offers users service via live chat and email on its website. It has official accounts on several social media platforms, including X (previously Twitter), LinkedIn, Instagram, YouTube, and Facebook. The website also has a part with blogs, news, and support centres for users who require assistance.

 

When users encounter problems or have complaints while using the cryptocurrency exchange, they can receive prompt customer service via email and live chat. BTCC provides 24/7 online customer care.

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  • BTCC Trading Features and Tools

BTCC offers a wide range of trading services, including spot trading, futures trading, and margin trading. It offers high leverage choices for many trading pairs, making it suited for a wide range of traders.

 

  • Welcome Bonus and  Campaigns

BTCC currently provides several campaigns. Investors can join in these campaigns and earn interesting prizes. For example, new users can earn rewards up to 10,055 USDT by completing relevant missions such as registration, identity verification, making first deposits, and cumulative futures trading volume. Existing users can earn up to 1,255 USDT per referral when they invite their friends to join BTCC.

BTCC FAQs

Is BTCC safe?

Based on its track record since 2011, BTCC has established itself as a secure cryptocurrency exchange. There have been no reports of fraudulent activity involving user accounts or the platform’s infrastructure. By enforcing mandatory know-your-customer (KYC) and anti-money laundering (AML) procedures, the cryptocurrency trading platform gives consumers greater security. For operations like withdrawals, it also provides extra security features like two-factor authentication (2FA).

 

Is KYC Necessary for BTCC?

Indeed. Before using BTCC goods, users must finish the Know Your Customer (KYC) process. A facial recognition scan and legitimate identification documents must be submitted for this process. Usually, it is finished in a few minutes. This procedure has the benefit of strengthening the security of the exchange and satisfying legal requirements.

Because their accounts will have a lower daily withdrawal limit, those who do not finish their KYC are unable to make deposits. It should be noted that those who present a legitimate ID without a facial recognition scan will likewise have restricted withdrawal options.

 

Is There a Mobile App for BTCC?

Indeed. For users of iOS and Android, BTCC has a mobile app. The exchange’s website offers the mobile app for download. Since both the web version and the mobile app have the same features and capabilities, they are comparable.

 

Will I Have to Pay BTCC Trading Fees?

Indeed. BTCC levies a fee for trade, just like a lot of other centralised exchanges. Each user’s VIP level, which is unlocked according to their available money, determines the different costs. The BTCC website provides information on the charge rates.

 

Can I Access BTCC From the U.S.?

You can, indeed. According to its website, BTCC has obtained a crypto license from the US Financial Crimes Enforcement Network (FinCEN), which enables the cryptocurrency exchange to provide its services to investors who are headquartered in the US.

According to BTCC’s User Agreement document, its goods are not allowed to be used in nations and organisations that have been sanctioned by the United States or other nations where it has a licence.