​​PI Network: Is it a future opportunity or a castle in the air? Can you still seize the opportunity when entering the blockchain experiment with 60 million users? | Paycoin information | Full understanding of Pi coins

PI Network (πcoin) has attracted widespread attention and discussion in the cryptocurrency field with its low threshold and huge user base. It depicts a future of inclusive finance, but it also comes with controversy and uncertainty. Below I will fully analyze PI Network for you from the perspectives of project details, main exchanges, price trends, future forecasts, and whether it is worth entering. Core information of PI coins: ​​💰 Current price and market capitalization are approximately US$0.36 (data on August 25, 2025), a significant decline from the historical high. The market value is approximately US$414.6 million (subs held by the centralized exchange). Price fluctuations are large and are significantly affected by selling pressure and market sentiment. ​​📊 Mainstream exchanges are listed on OKX, MEXC, Bitget, Pionex, etc. Liquidity is provided, but not all top exchanges (such as Binance) are online. ​​📈 Historical Price Trend​​ After the main network was launched in February 2025, it experienced fluctuations, and plunged to a historical low of US$0.335 in August, and has rebounded slightly since then. Facing huge pressure to dilute coins (1.22 billion are expected to enter circulation in the next 12 months) and lack of practical application support. ​​🔮 Future price forecast (reference)​​​​​ Short-term: Technical aspects show that if the support of US$0.33-0.34 may rebound to US$0.42-0.45. ​​​Long-term: There are many different opinions, and the forecast is 1.25-1.65 US dollars in 2030; some analysts say that if the ecology is successful, it may reach 50-200 US dollars in 2026-2027. All forecasts are extremely uncertain, and are highly dependent on ecological development, exchange listing progress and overall cryptocurrency market environment. ​​⚠️ Main risks ​​​Token economics model (huge supply, selling pressure), regulatory uncertainty (not clear in many countries, policy risks), ecological application lag (currently lack of killer applications). Participating in PI Network-related investment activities in China is an illegal financial activity. ​​🎯 Can you still enter the venue?​​​ High-risk, high potential return speculation. It is only recommended that investors who understand their high-risk attributes, can withstand principal losses, and are confident in the long-term development of the project. ​​​Don’t invest money that you cannot afford to lose, and don’t trust the promise of “get rich” easily. It is not a "zero risk" investment. 📍 PI Network Project Details PI Network was founded in 2019 by Stanford PhD Nicolas Kokkalis and Chengdiao Fan. Its core concept is to build a mobile mining blockchain network with zero threshold and low energy consumption, so that ordinary people can participate in cryptocurrency mining through their mobile phones, without the need for professional mining machines or consume a lot of electricity. Core Technology: The project adopts an improved version of the Stellar Consensus Protocol (SCP). Unlike traditional proof of work (PoW), PI's mining mechanism is called "Proof of Participation". Users only need to open the App once a day to click the button to participate. This process consumes almost no mobile phone battery or data. The main purpose is to prove that the user is a real and active person rather than a robot. User Roles and Incentives: • Pioneers: Mining the basic users of PI through daily login. • Contributors: Enhance network security by building security circles (inviting trusted people to join the network) to gain additional rewards. • Ambassadors: Rewards by inviting new users to join the network. •Nodes: Run node software on your computer, verify transactions, maintain network decentralization and security, and get more PI rewards. ​​​Development history: The development of PI Network has gone through several stages: 1. Test Network (March 2020-December 2021)​​: Launch the global test network and nodes participate in the testing. 2. Closed main network (December 2021-early 2025)​​​: The main network is online but is in the "walled garden" stage, and users need to complete KYC to transfer PI coins within. 3. Open main network (started on February 20, 2025)​​​: Start removing the firewall, allowing PI coins to be connected to external systems, and pave the way for exchange listing. Token Economy: The total supply of PI coins is capped at 100 billion. Of these, 80% are allocated to the community (65% are used for mining rewards, 10% are used for ecological development, and 5% are used for liquidity), and the remaining 20% ​​belongs to the core team. As of the beginning of 2025, the circulation supply was approximately 6.8 billion to 7.1 billion. 📍 Which exchanges have PI coins been launched? PI coins have been traded online on some mainstream exchanges, mainly PI/USDT trading pairs: • OKX: Open deposits on February 12, 2025 and spot trading on February 20. •​​MEXC: The PI currency trading channel will be opened simultaneously on February 20. •Bitget: Supports PI coin trading in multiple regional markets. •​​Pionex (Pionex): Open transactions simultaneously with the main network. ⚠️ It should be noted that: • Some small and medium-sized exchanges also have PI currency transactions, but they may have poor compliance and risks. •Binance, as the leading exchange, has not clearly launched PI currency spot trading. 📈 Price trend of PI Coin The price of PI Coin has experienced significant fluctuations since the main network was launched in February 2025: • Early performance and high points: In the early stages of the launch, the market was hotter. It hit an all-time high of $2.98 in early 2025. •​​​Remarkable decline: Entering August 2025, the price of PI coin suffered a sharp decline, falling to an all-time low of $0.335, with a higher point drop of about 90%. • Recent rebound: Prices have rebounded since then, and according to data on August 25, 2025, the transaction price is about $0.3620. The factors driving price fluctuations mainly include: • Huge selling pressure: The project itself has a large number of tokens that have not been released yet, and 1.22 billion PI is expected to enter circulation in the next 12 months, forming continuous selling pressure. • Ecological application lag: Despite the huge number of users, PI Network currently lacks enough heavyweight practical applications to support and consume token value, which is one of the core reasons for its weak price. • Market sentiment: The overall sentiment of the cryptocurrency market and the trends of mainstream currencies such as Bitcoin will also affect the price of PI coins. 🔮 Future prediction of PI coins There are many differences in opinions on the future value of PI coins. Please note that these are just predictions, not facts. 1. Optimistic forecast: • Some analysts believe that if the PI Network ecosystem (such as the launch of PiDEX decentralized exchange and the increase in enterprise adoption) can continue to expand, its price may stabilize in the range of 50-200 US dollars from 2026 to 2027 (please note that this forecast comes from the Internet and should be viewed with caution). • There are even opinions that if the mainnet integration and exchange coverage are successfully achieved, the PI currency may reach US$5 by 2030 and will be among the top ten cryptocurrencies in market value. By 2040, the price may reach $2.40 or even $2.90. 2. Cautious and pessimistic forecasts: • There are also forecasting agencies (such as CoinPedia) that the price outlook for 2026 is relatively conservative, believing that it may be between $0.85 and $3.50, with an average forecast of about $2.17 (please note that this forecast comes from the Internet and should be viewed with caution). •A more pessimistic view believes that if factors such as technical bottlenecks, regulatory pressure or sell-offs ferment, prices may fall back to $10-15 or even lower (please note that this prediction comes from the Internet and should be viewed with caution). 3. Realistic considerations: All predictions are based on the largest variable of whether the PI ecosystem can be successfully implemented. This includes: •Technical development: main network performance, transaction speed, capacity expansion capabilities, etc. •​​Ecological Construction: Can developers be attracted to build valuable decentralized applications (DApps) to truly create demand. • Exchange Listing: Can it be listed on more top exchanges (such as Binance) and gain greater liquidity and recognition. • Regulatory Compliance: How to deal with regulatory policies around the world, especially in major markets. ⚠️ Potential risks and controversies 1. MLM doubts: PI Network's "invitation fission" model has always been accompanied by MLM doubts. However, some analysts point out that there is a difference between it and traditional pyramid schemes: users do not require funds (no entry fee), and the reward comes from an increase in mining speed rather than direct commission on offline funds. 2. Regulatory uncertainty: On a global scale, regulatory policies for cryptocurrencies in many countries are still developing. If PI Network wants to develop in the long run, it must solve the compliance problem. ​​Especially in China, all virtual currency-related businesses are illegal financial activities. 3. "Wealth on Paper" risk: At present, many users' PI coins are still obtained within the project ecosystem or through "mining". Whether and how they can truly trade and cash in the open market without being locked and restricted by the project party is a concern for many participants. 4. Centralization and control: Some analysts pointed out that the top 100 wallets control most of the total supply (such as 96.37%), and unaudited foundations hold a large number of tokens (such as more than 90 billion), which poses centralized control and potential selling risks. 💡 Can you still enter now? It depends on your risk tolerance and investment goals: • If you are a pursuing robust investor: PI Coin's current high volatility, huge uncertainty and potential risks may not be suitable for you. It is recommended to wait and see carefully, at least wait for a clearer signal of success in its ecosystem, a more stable token economic model, and listing on more mainstream exchanges. • If you can take high risks and be optimistic about its long-term vision: consider it as an extremely high risk investment or speculation. If you decide to participate, be sure to pay attention: • Absolutely don’t invest money that cannot be afforded. •In-depth understanding of all risks of the project (including token economics, regulatory policies, etc.). • Participate through compliant and secure channels. • Chinese users need to pay special attention: China's policies clearly prohibit virtual currency-related transaction activities, and there are legal risks in participating in domestic operations, publicity or transactions. 💎 PI Network is a project full of contradictions and potential. It has a huge community base and a grand vision, but it also faces enormous technological, ecological, economic and regulatory challenges. • For users who have been "mining" for many years: the cost of continuing to hold and pay attention to the progress of the project is relatively low. You may be able to expect the value of the gradual maturity of the ecosystem, but you must manage your expectations well. • For new investors: Be sure to be clear that this is by no means a game of "zero cost mining, making sure to make money without losing money". The current entry is more about investing in an "stories" and "expectations" that have not yet been verified, with extremely high risks. The final decision is based on your own independent judgment and risk preferences. [Note⚠️, cryptocurrencies are high-risk investments, and you may lose all your principal. If you don’t understand, it is recommended not to participate. This video does not have any investment advice, it is only used as information sharing]