Pi Network price live today 05 Mar 2025 Why Pi Network price is up by 5 95% today ET Markets

Pi Network’s current circulating supply is 5.97B PI out of max supply of 100.00B PI. You can convert Pi Network to US dollar by selling PI for USD on a cryptocurrency exchange. One of the best ways to convert Pi Network to US dollar is to use the PI/USD pair on supported exchanges.

Pi Coin is gaining real-world utility as businesses and individuals integrate it into transactions. Use cases include retail payments, online marketplaces, freelancing services, and peer-to-peer transfers. The Open Mainnet launch is inside china’s mission to create an all anticipated to further expand Pi Coin’s adoption, enabling external wallet transfers and exchange listings.

They’re used to trace website activity & growth within the project. DR (Domain Rating) metric is a sign of the project’s website reputability that is ranked from 0 to 100 (the higher the rank, the better reputability). Organic Traffic – is a metric of how many monthly users visit the project’s website via search engines. All these metrics are used for determining active or passive projects despite the artificial hype.

Pi Coin Value Analysis: Understanding the Future Potential of Pi Coin

  • As per the recent announcement, the project is expected to be listed and traded in open markets this year in 2024.
  • The network employs a consensus mechanism derived from the Stellar Consensus Protocol (SCP), ensuring energy-efficient and decentralized transaction validation.
  • Pi Network(PI) can be bought on all the leading crypto exchanges.
  • Pi Network’s influence lies in its innovative approach to cryptocurrency mining, enabling users to mine Pi Coins directly from their smartphones without significant computational resources.
  • Find more crypto exchange options on our Crypto Exchange Tracker.

These are the project’s quantitative metrics of its official X account that can be used to trace regular or artificial Social activity & growth within the project. In summary, Pi Coin represents a novel approach to digital currency, emphasizing accessibility and community engagement. With its recent Open Mainnet launch, Pi Coin is poised to expand its utility and influence within the cryptocurrency landscape.

  • These are the project’s quantitative metrics of its official GitHub Public Repositories that can be used to trace regular or artificial development activity, growth & popularity of the project.
  • While these are not real PI coins, they do provide insight into PI’s price potential.
  • The Total Supply is similar to stock market’s Outstanding Shares.
  • The PI to USD converter table above displays the correlation between the value of Pi Network in US dollar through a list of popular conversion amounts, ranging from 1 PI to USD to 10,000 PI.
  • Overall, OKX is one of the best places to buy Pi Network with US dollar.

Is Pi Network (PI) Headed for a New High This Week?

Instead of traditional mining, which relies on computational power, Pi Network allows users to earn Pi (PI) by engaging with the network through a trust-based consensus mechanism. Pi Network has built an integrated ecosystem that facilitates real-world transactions and decentralized applications. Events like PiFest 2024 showcased Pi’s growing adoption, with over 27,000 active sellers and 28,000 test merchants across 160 countries. The Pi price page is just one in Crypto.com Price Index that features price history, price ticker, market cap, and live charts for the top cryptocurrencies. BitDegree aims to uncover, simplify & share Web3 & cryptocurrency education with the blacks upland 2 tent reviews and details masses. Join millions, easily discover and understand cryptocurrencies, price charts, top crypto exchanges & wallets in one place.

Before making financial investment decisions, do consult your financial advisor. The cryptocurrency’s market Price changes in percent within the last 24 hours (1 day). To know about more cryptocurrencies like PI Coin, visit SunCrypto Coin Analysis. Following the Open Mainnet launch on February 20, 2025, Pi Coin experienced significant price volatility. The token’s value surged over 36% within an hour, peaking at $3.41 on Bitget, before undergoing sharp fluctuations. These Pi Network can be actively traded or used in the open market.

The more people who mine Pi, the faster the mining rate will increase. Pi Network was founded by Dr. Nicolas Kokkalis and Dr. Chengdiao Fan, both of whom have PhDs from Stanford University and a passion for improving human lives through technology.Dr. Nicolas Kokkalis is a Stanford PhD in EE and postdoc in CS with research on distributed systems and human-computer interaction.

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Overall, OKX is one of the best places to buy Pi Network with US dollar. The price is calculated based on rates on 2 exchanges and is continuously updated every few seconds. Pi Network is a blockchain project designed to enable users to participate in a digital currency network through their mobile devices.

What was the highest price of 1 PI against the USD?

Pi Network is being traded on 15 cryptocurrency exchanges, including OKX and gate.io. If you wish to purchase PI, check our guide on how to buy Pi Network in 6 steps. CoinCodex tracks 40,000+ cryptocurrencies on 300+ exchanges, offering live prices, price predictions, and financial tools for crypto, stocks, and forex traders.

Pi Network Price Update

Pi Network offers a good potential ROI due to its inherent volatility, which presents numerous profit opportunities. However, this volatility is a double-edged sword, making it suitable for investors with high risk tolerance and a strong financial position. It is crucial to remember that Pi Network and the broader crypto market are subject to extreme market conditions, regulatory changes, social media influence, and other unpredictable factors. Therefore, it is advisable to exercise risk management and do your own research (DYOR) before investing in Pi Network. The current market cap of Pi Network is $13.21B, as 6.99B PI is trading at the price of $1.89.

It is analogous to the free-float capitalization in the stock market. Pi Network is a cryptocurrency project that aims to make cryptocurrency mining accessible to everyone. It is a mobile-based cryptocurrency that uses buy $5 of bitcoin cash buy $5 worth of polkadot a system called “consensus as a service” to verify transactions.