Pi Network Finally Hits the Market this February - What to expect.

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After nearly six years of mining, the Pi Network, a mobile-based cryptocurrency platform, is preparing for a major milestone—its Open Network launch on February 20, 2025. This transition marks the culmination of years of development and community building, setting the stage for Pi Coins ($PI) to be traded and used in real-world transactions.

Big Questions Surrounding the Launch

As Pi Network prepares to go live, two key questions dominate discussions within the community:

1. What exchanges will list Pi at launch?

2. At what price will Pi launch?

Let’s start with the first question.

Exchange Listings

Leading cryptocurrency exchange OKX has confirmed plans to list the PI token following the mainnet launch, making it accessible to a broader audience. While other major exchanges have not made official statements, interest in Pi is growing, and additional listings may follow soon.

Anticipated Developments for the Pi Community

As the Open Network phase approaches, the Pi community can expect several key advancements:

• Enhanced Accessibility: Pi’s Open Network will integrate with other blockchain systems, allowing Pi Coins to be exchanged for various cryptocurrencies and fiat currencies.

• Ecosystem Expansion: The Pi Core Team aims to have 100 mainnet-ready applications by launch, ensuring a robust ecosystem with real-world use cases for Pi Coins.

• Community Growth: With over 18 million users KYC-verified and 10 million migrated to the mainnet, the Pi Network has built a massive and engaged user base.

Prospects of a Successful Launch

Pi Network’s strategic approach, strong community, and commitment to accessibility position it well for a successful Open Network launch. With millions of users already involved, its potential for widespread adoption is significant.

Expected Initial Coin Value

While the exact launch price of Pi remains speculative, various price projections suggest:

• Minimum price in 2025: $79.00

• Potential high: $94.08

• Average price: $88.74 (Source: Blockchain Reporter)

Though this is the expected coin value or the speculated price given by Blockchain Reporter, the feasibility of Pi launching at $88 is very low.

The possibility of Pi launching at such a high price is unlikely due to its total supply of 100 billion tokens. When compared to the total number of users, this massive supply makes it difficult for Pi to debut at such a high valuation.

Managing Expectations

Miners and community members should adjust their expectations accordingly.

• If Pi launches around $5, it’s a good launch.

• If it launches between $1 to $5, it’s a very good launch.

The total supply of 100 billion tokens makes a price of $88 highly unrealistic at launch. Therefore, miners should reduce their expectations and focus on long-term adoption and utility instead.

Total Supply of Pi Coins

As of August 2024, Pi Network reported a total supply of 68 million tokens, with a maximum possible supply of 100 billion tokens. To maintain value stability, 80% of mined Pi is locked for three years.

Conclusion

The Pi Network Open Network launch is a pivotal moment in the project’s journey. With a strong ecosystem, increasing exchange interest, and a large user base, Pi is positioned to make a significant impact in the cryptocurrency market.