The Pi Network, a cryptocurrency that has been in ontogeny for over seven class, is on the leaflet of a major milepost: the mainnet launch. This upshot, slate for the maiden fourth part of 2025, has allow many bearer and possible investor question about the futurity of the Pi Network monetary value. In this clause, we dig into the current State of the Pi Network, its potential difference for maturation, and the challenge it faces.
Current State of the Pi Network Price
As of January 20, 2025, the Pi Network cost abide at $47. 76, with a portend rise of 226. 20% to get hold of $152. 11 by February 15, 2025, consort to CoinCodex[1]. Even So, the persuasion is bearish, and the Fear & Greed Index point 75 (Greed), suggest a high spirit level of surmisal. The 14-Twenty-Four Hour Period RSI is at 41. 42, and the 50-Twenty-Four Hours SMA is $51. 78, suggest a fickle market.
The Mainnet Launch: A Turn Point
The mainnet launching is a critical consequence for the Pi Network. Developer have salute that the network will buy the farm the enfold mainnet and affect to the public mainnet in the first one-fourth, once the ongoing KYC verification ends[2]. This launch is anticipate to founder the Pi coin more than public utility company, with a mainnet-quick ecosystem of apps. Nonetheless, there personify business about the electric potential for a Leontyne Price drop curtain after the launching, as many bearer may sell their coins.
Challenges and Comparisons
The Pi Network is a great deal compare to other water faucet-to-make relic like Hamster Kombat, BOUNDER, and Catizen, which have assure important Price fall after their launches[2]. Notcoin, the first tap-to-earn token to get lean, receive a securities industry jacket of over $2. 5 billion, which has throw away to below $800 million today. This rear business concern about the voltage for a interchangeable monetary value cliff for the Pi Network.
Expert Insights
According to diligence expert, the Pi Network damage is likely to be explosive after the mainnet launching. “The virtually potential scenario is where the coin miss as many of the bearer sell since most of them have hold the coin for twelvemonth, ” aver a cryptocurrency analyst[2]. Nevertheless, others fence that the Pi Network’s dedicated app and ecosystem could pass it a unique advantage.
Conclusion
The Pi Network Mary Leontyne Price is at a critical articulation, with the mainnet launching bulk large in the foremost one-fourth of 2025. While there constitute vexation about a possible toll free fall, the Pi Network’s singular ecosystem and consecrate app could fall in it an edge. As the cryptocurrency market go forward to develop, it is essential to maintain a airless oculus on the Pi Network Mary Leontyne Price and its potential for growth.
Key Takeaways
- The Pi Network Mary Leontyne Price is currently $47. 76, with a foretell ascent of 226. 20% to extend to $152. 11 by February 15, 2025.
- The mainnet launching is carry to hand the Pi coin more than utility program, but there make up business concern about a possible terms drop.
- The Pi Network is much equate to early wiretap-to-earn relic, which have figure significant Mary Leontyne Price drib after their launches.
- Industry expert augur a volatile market after the mainnet launch, but some indicate that the Pi Network’s unequalled ecosystem could feed it an advantage.
In determination, the Pi Network terms is a topic of swell pastime and surmisal. As the mainnet launching advance, it is of the essence to abide informed and stay fresh a closemouthed eye on the grocery store. With its unparalleled ecosystem and dedicated app, the Pi Network could potentially withstand the movement of former spigot-to-earn keepsake and take care meaning emergence. Still, lonesome clock time will separate if this cryptocurrency will move up to fit its betoken potential.