Pi Cryptocurrency has become one of the most significant parts of the trading market even before its release. Pi Cryptocurrency is a program that has been put on the mantle of development since 2018. Moreover, it is still in testing mode with talks of it being released underway. The project is based on the digital currency that looks forward to erasing the gap in the mining of cryptocurrency. It makes the mining of assets more developed and accessible even on the go. Hence, it is a relief project that seeks to fill the gap that the first generation of digital currency has left behind.
To redress the balance using simple devices such as mobile phones, the Stanford developers have started to seek out the odd. The approach is very simple. Hence, they have minimized the processing of the mining amount. It was what happened in the first phase. With the talks of the third phase underway, let’s see what improvised features we get.
PI Coin Details
| Project name | PI network |
| Stock Symbol | PI |
| Asset Type | Token |
| Network type | Blockchain |
| Launch date | 14 March 2019 |
| Official Website | https://minepi.com/ |
The Pi Network has become a way for many enthused traders to invest digitally. Moreover, with the straightforward design and efficient aim, there is a high chance of profit for the network. So, if you are one of those who has taken an interest in Pi cryptocurrency, then you are in the right place.
As we have already mentioned above, it is a project based on digital currency. The developer aims to make crypto-mining accessible and easy. Therefore, they went ahead and centralized the first-era digital currency like bitcoin. So, that everyone from anywhere can mine the coins.
Normally, we use the CPU to mine the digital coins. However, with the help of the Pi network, one can use the specialized hardware to mine it without ever having to borrow a CPU. The Stanford developers have created an application through which mining has become easy. Moreover, they have put the branding on the number π.
The creators launched the first page in 2019, on 14th March. Then, they wielded it as the PI mining app. However, by June, they garnered more than 100,000 users. After a year of the release of Phase 1, they released Phase 2. At this point, the value of the Pi cryptocurrency increased. Moreover, with it increased users. It shot right up to 3.5 million
2 years after they started making advances to make it better via 2 phases, they started taking advantage of ads as well. Hence, they ran ads in May 2020. This move was specially done to ensure garnering funding for the upcoming projects. With that, the project has, up until now, garnered more than 18 million users.
Pi Network: Predicting The Value of The Coins
In the digital market, many cryptocurrencies are launching. So, with the launch of the latest digital currency, we believe that the worth of Pi coins will start at a low point. However, you don’t have to worry about it going below the bullish trend. As it will rise as soon as the adoption of the coin initiates.
With that being said, the charts have indicated that the price of Pi Cryptocurrency will hover around $1.32-$1.35. Moreover, the chart has also shown that the valuation could rise to $1.48 by 2025 alone. According to statistics, if the coin even continues to grow at the rate of 1% of Bitcoin. Then the value of it alone will hit the mark of $224.89.
18+ Million Engaged Pioneers!
— Pi Network (@PiCoreTeam) May 31, 2021
Mine at a higher rate while you can. The mining rate may halve or fall to zero at Mainnet and when Pi reaches 100m engaged Pioneers. Don't miss out! pic.twitter.com/CFq3dCByDs
The result has been based on the 100% value of Bitcoin’s average growth. However, on March 18th, the Digital Coin’s Pi network price prediction for five years has given a thorough detail. Let’s see what they predicted.
- The price for 2021 will be $0.0107
- For 2022, they predicted it to be at $0.0127
- They think the value will hit the mark of $0.0212 by 2025
- whereas they predicted that the average will be $0.0319 by 2028.
A Thorough Read on Pi Network 2021-2028 Price Prediction
Although the official website for many statistically-based predictions had deleted what they predicted for the value of Pi Cryptocurrency. We believe that seeing the fluctuation in the value has prompted them to give new points.
So, the WalletInvestor has come forward with predicting the price value of Pi Crypto. They think it will be somewhere along the line of $0.0132. Furthermore, they think the downside of the value for the coin will be $0.00743. However, after the fluctuation, they removed the prediction as well.
So, we can say how the value of the coin will fare by 2028 can only be decided by the digital user. Moreover, the exchanges on Pi will create an impact on the price as well. However, BullCase has predicted that the price of Pi will reach $1.
Although this can only happen if the developer launches the currency by the end of 2021. So in that sense, we can assume that the price will go up to $5 by 2025.
Ending Note
Pi crypto has become one of the most sought-after and most awaited cryptocurrencies in the digit realm. Many Algorithms based systems have predicted it to be a huge success. However, how long will it be able to fare according to the expectations of the traders is something only time will tell.
Meta: Pi Cryptocurrency is a digital currency that is expected to hit a successful mark in the market. So, how will it score in the economy in the coming five years?
Read this: Ripple XRP Price Prediction: An Analytic XRP Forecast Based on Bullish Trend
