Pi Coin Price Prediction Summary
For investors simply looking for a brief rundown of the Pi network price prediction, we’ve summarized each year below.
End of 2024 – Some experts believe that the Pi network token could be worth $58 by the end of 2024.
End of 2025 – Should the Pi network ecosystem continue to expand, the token could be worth around $73 by 2025.
End of 2030 – Moving onward to the end of the decade, if the Pi network can keep on growing and get a lot of applications created on the network, the token could climb as high as $98.
History of the Price of Pi Coin
When it comes to looking at how Pi Coin has performed historically, the waters can get a little muddied. As the network’s mainnet still remains yet to be launched, there’s previous price data to go on. However, that doesn’t mean we’ll be shooting blind. There’s still plenty of information we can gather from how the project has been operating over the past year.
Firstly, as Pi Coin operates a bit differently from traditional crypto assets like Bitcoin and Ethereum, it’s worth taking a second to understand how Pi Coin works. The idea of the Pi Network was to allow people to mine crypto directly from a smartphone. With Pi gaining over 30 million users at its peak, this concept was clearly a smash hit.
Rather than joining the ranks of the best upcoming ICOs, Pi Coin has instead opted to allow users to mine coins on the testnet which will then be transferred across to the mainnet once it launches. By taking this approach, the Pi Coin team has managed to create a strong and loyal community that has a vested interest in the success of the project.
In order to provide its earliest supporters with the best value, the Pi Team choose to incrementally halve the mining rewards for users as certain milestones were achieved. This initially took place when Pi Coin surpassed 100,000 users, then again, at 1 million, and again at 10 million users, and there will be a final halving at the 100 million user milestone.
