Pi Network Coin (PI) explained — its price, trading details, predictions, risks, and future potential after the 2025 Mainnet launch.
What Is Pi Network Coin (PI)?
Pi Network is a cryptocurrency project launched in 2019 by Stanford graduates. It allows users to "mine" a digital token, Pi, via a smartphone app instead of expensive mining hardware.
The project has gone through several development phases:
Beta Phase
Testnet Phase
Mainnet → Initially launched as a Closed Mainnet in December 2021, and later as an Open Mainnet in February 2025.
Before the Open Mainnet, Pi couldn’t be transferred, traded, or withdrawn. Users could only accumulate Pi inside the app.
Where and How You Can Trade Pi Coin
As of February 20, 2025, the Open Mainnet went live at 08:00 AM UTC, ending the enclosed period. PI is now tradable on major exchanges, including:
OKX
Gate.io
Bitget
CoinDCX
⚠️ Warning: Pi Network has officially stated that any PI listing on decentralized exchanges (DEXs) is unauthorized and could be scams. Always use verified platforms only.
Price Trends, Market Sentiment & Predictions
Current Price: ~$0.38 USD per PI
In INR: ~₹38 per PI (fluctuations between ₹38–₹42 weekly)
🔮 Predictions
Short-term: Analysts expect resistance around $0.39 and possible growth up to $0.55 by end of 2025.
Bearish outlook: If trading volume stays low, PI could drop to $0.20–$0.30.
Long-term: Optimistic projections suggest $500–$1,000 by 2030, depending on adoption and ecosystem growth.
Criticisms, Risks, and Community Concerns
1. Transparency & Delays → Repeated delays and extended KYC raised doubts about roadmap.
2. MLM-style Referral Model → Reward system criticized as pyramid-scheme-like.
3. IOUs vs. Real Coins → Early external listings were IOUs, not actual Pi.
4. Exchange Hesitancy → Binance skipped PI in listing votes; Bybit even flagged it as a scam.
5. Limited Ecosystem → Plans for dApps and payment tools exist, but adoption is still early.
💬 Community sentiment (Reddit):
“Pi is worthless.”
“Price dropped 55% before Open Mainnet — raising concerns
📊 Summary Snapshot
Topic Details
Launch Open Mainnet on Feb 20, 2025 (now tradable)
Current Price ₹38)
Short-Term Outlook Possible rise to $0.55
Long-Term Speculation $500–$1,000 by 2030 (bullish case)
Key Risks Transparency, referral system, IOUs, low utility
Community Tools Wallet support (e.g., OKX Web3), ecosystem still young
✅ Conclusion:
Pi Network Coin (PI) has officially entered the open market with its 2025 Mainnet launch. While it is tradable now, investors should proceed with caution due to transparency concerns, ecosystem immaturity, and mixed community sentiment.
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