The long-awaited Pi Network mainnet is finally launching today, February 20, 2025, at 8 AM UTC. After nearly seven years of development and delays, the network is set to transition from its enclosed phase, allowing users to trade, transfer, and utilize their Pi coins freely. With millions of users eagerly anticipating this milestone, the launch could significantly impact the crypto landscape. However, several key factors must be considered as the network moves forward.
What Will Change After the Mainnet Launch?
Similar to Hamster Kombat and X Empire, Pi Network operates on a tap-to-earn model, allowing users to mine Pi coins with minimal effort. The project has garnered a massive user base due to its accessibility and promise of future value. Now, with the mainnet going live, Pi coins—previously lacking real market value—will become tradeable.
Several major crypto exchanges, including OKX and Bitget, have already announced plans to list Pi coin. However, Binance remains undecided, with the exchange conducting a community poll to gauge interest. A potential Binance listing could significantly impact Pi’s liquidity and price performance.
Despite the hype, regulatory concerns loom large. Critics argue that Pi Network’s model resembles a Ponzi scheme, raising doubts about its long-term sustainability. Comparisons to Hamster Kombat, which saw massive hype but ultimately failed, further fuel skepticism.
Pi Coin Price Predictions: What to Expect?
Investor sentiment around Pi coin remains mixed, reflected in its recent price volatility. TradingView data shows that Pi’s IOU price recently surged to $200 before crashing to $30.99—a dramatic 52% drop within 24 hours.
Three possible price scenarios could unfold post-launch:
- Bullish Momentum – If demand remains strong and top-tier exchanges like Binance or Coinbase list Pi coin, the price could rally toward $120 or higher.
- Mass Sell-Off – If long-term holders opt to cash out, Pi’s price could plummet to $17 or lower.
- Stagnant Market – A balance between buyers and sellers could keep prices steady around current levels.
Final Thoughts: Is Pi Network’s Future Promising?
The Pi Network mainnet launch is a pivotal moment, but uncertainties remain. While the token’s listing on major exchanges and its market adoption will play crucial roles, concerns over its legitimacy and sustainability persist.
Notably, Pi’s app installations have reached 110 million, with 540,000 new users joining on February 17 alone, indicating significant interest. Additionally, Binance’s listing vote on February 27 could further shape its trajectory.
Also Read: How to Complete KYC and Secure Your Pi Coins for the Upcoming Pi Network Mainnet Launch
For investors, Pi Network’s future hinges on real-world adoption and ongoing developments. While the hype is undeniable, market volatility remains a critical factor. Conducting thorough research and implementing risk-management strategies will be essential for navigating this new phase of Pi Network’s evolution.
Disclaimer: The information in this article is for general purposes only and does not constitute financial advice. The author’s views are personal and may not reflect the views of Chain Affairs. Before making any investment decisions, you should always conduct your own research. Chain Affairs is not responsible for any financial losses.
I’m your translator between the financial Old World and the new frontier of crypto. After a career demystifying economics and markets, I enjoy elucidating crypto – from investment risks to earth-shaking potential. Let’s explore!
