In recent years, Pi Network has stood out among cryptocurrency developers for its focus on inclusivity and accessibility, allowing anyone to participate through a simple smartphone app.

This model attracted millions of "pioneers," as the network members are called, who mine the currency daily in a simplified and free way.

As the full Mainnet launch approaches, expectations about the impact on Pi Coin’s price have sparked much debate and market projections.

The importance of Mainnet launch for Pi Network

The launch of the full Mainnet represents a fundamental shift for Pi Network, which has so far operated on a “closed Mainnet.” This initial model allowed for Pi Coin mining and accumulation among pioneers, but without the possibility of open trading with other cryptocurrencies. Thus, users have, until now, been able to mine and transfer Pi between internal accounts.

However, with the full Mainnet launch, the coin will be accessible to the global crypto market, facilitating transactions and potentially increasing its usability for payments across various sectors.

The Pi Network team emphasizes that, in addition to the Mainnet, creating a solid infrastructure of applications that accept Pi Coin as a means of payment will be essential to the success of the network. This includes marketplaces, e-commerce, and decentralized applications (dApps), which could cement Pi as a cryptocurrency intended for real use.

Difference of the Pi Network from other cryptocurrencies

One of the biggest differentiators of the Pi Network is its inclusive approach. Unlike other cryptocurrencies that require expensive equipment and high energy costs, Pi mining is done directly by smartphone, without significantly impacting the battery and without the need for powerful processors.

This simplicity democratises access to mining, allowing anyone to participate and accumulate Pi in a practical and free way. It is not surprising that there is a strong community (the pioneers) that supports the development of the network and the token itself.

Furthermore, Pi Network prioritizes building a strong ecosystem before fully entering the exchange market, focusing on KYC (identity verification) and security so that users can transact with more confidence after the full Mainnet.

Price projections for Pi Coin after launch

Currently, Pi Coin does not have a fixed market value and is not listed on traditional exchanges, as it is in the final stages of preparation for a full launch. However, some preliminary market values ​​were observed on Pi Network's internal exchanges, with values ​​fluctuating between $60 and $90.

From the moment the full Mainnet is launched, the price of Pi Coin may experience high volatility.

It is speculated that by 2024, Pi Coin will reach somewhere in the region of $100 or even slightly higher, depending on the degree of adoption by new users and increasing supply and demand. The launch is also expected to release a portion of the total 100 billion Pi Coins, which could increase the asset’s liquidity and influence the price.

On the other hand, there is a risk that the coin could experience a significant drop shortly after the Mainnet launch, as some early adopters may choose to quickly sell their accumulated coins, generating selling pressure that could reduce the initial value of Pi Coin.

Is Pi Coin Worth Mining in 2024?

With Mainnet approaching, many new users are wondering if it is still worth starting to mine Pi in 2024. The answer depends on each investor's goals.

With an already extensive base of pioneers, Pi Network offers a lightweight mining structure with no direct costs, which may still be attractive to those who wish to get involved in the project and accumulate coins in the long term. The expectation is that, once the Mainnet is completed, the profit in Pi per mining session will gradually decrease, which could make the process less advantageous for new participants.

For current pioneers, the launch is a great opportunity to test the real value of their coins on the market. However, new users may have to adapt to a reduced reward system, which means a slower accumulation of Pi Coins.

What does the future hold for the Pi network?

Pi Network has built a global community with an innovative approach to accessible mining, but its success will depend on its ability to create a solid infrastructure to support real-world use of Pi Coin.

With a complete Mainnet, Pi Network has the potential to compete with established cryptocurrencies in daily transactions, especially if it can attract merchants and platforms to its ecosystem.

While the launch of Mainnet is an important milestone, it is only the beginning of the challenge for Pi Network, which will need to ensure that Pi Coin is widely accepted and supported by a growing user base.

Therefore, the future of Pi Coin and its appreciation will be directly linked to the network's commitment to building a functional and secure ecosystem for its users, thereby increasing trust and demand for the asset.

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