Skip to main content

Pi network price pediction and how to sell in Dec-2024

By

 


The Pi Network is a cryptocurrency project launched in 2019 by a team of Stanford graduates, aimed at creating a user-friendly digital currency that can be mined on mobile devices. As a novel approach to cryptocurrency mining, it seeks to enable everyday users to participate in the crypto economy without the need for expensive hardware.

Pi Network is dealing with many brokerage apps like (Binane Bitget Bybit)



Benefits of the Pi Network

Accessibility: The mobile app makes it easy for anyone to mine without technical knowledge.

Community Focus: The network promotes community building through the trust graph, encouraging users to connect and support one another.

Potential for Growth: With millions of users already signed up, the network has significant potential for growth as it transitions to the mainnet.


Current Status of the Pi Network

User Growth: As of now, the Pi Network has over 35 million users worldwide, showcasing significant interest and adoption.

Market Position: Although Pi coins are not yet listed on major exchanges, the community actively discusses potential future listings and the implications for the coin's value.

Mainnet Transition: The transition to the mainnet is a critical milestone. Users are eager to see how the network will function in a fully decentralized manner and how the coins can be used.

 


Predictive value

The Pi coins currently have an intrinsic value of zero, but their predictive value is around USD 33-40. Some predict that their value could go as high as USD 163.46 in 2025. 

KYC process

The first deadline for submitting KYC applications has been extended to November 30, 2024. The final deadline to complete Mainnet migration remains unchanged on December 31, 2024. 


How Does It Work?

Mining Process: Users earn Pi coins by clicking a button on the app once every 24 hours. The mining rate can increase based on network growth and the number of users a miner refers.

Trust Graph: The network uses a unique "trust graph" to verify transactions, which relies on the social connections between users rather than energy-intensive proof-of-work systems.

Phases of Development: The Pi Network is in several phases:

Phase 1 (Test Phase): Users mine Pi and build their network, but the coins are not tradable yet.

Phase 2 (Testnet Phase): A testnet is launched, allowing users to experiment with transactions. Feedback helps refine the system.

Phase 3 (Mainnet Phase): This phase will see the launch of the fully functional mainnet, enabling users to trade and use Pi coins in various applications.




Pi Network price

$0.0008

Market cap

$2,481,057,332

Circulating supply

68,000,000 PI

Max supply

100,000,000,000 PI

Daily trading volume

$155,775


Features of the Pi Network

Mobile Accessibility: The Pi Network app is available for both Android and iOS, enabling users to mine on-the-go.

User Engagement: Users can earn rewards by engaging in various activities, such as inviting friends, validating transactions, and participating in community activities.

Ecosystem Development: The network aims to build an ecosystem of applications, including decentralized finance (DeFi) projects, e-commerce platforms, and more, which would create practical use cases for Pi coins



Labels:

Comments

Post a Comment

Popular posts from this blog

Today blum video code and date 5th to 14th all code

By
  Blum Airdrop Code: Everything You Need to Know Airdrops have become a popular way for blockchain and cryptocurrency projects to engage users, and Blum is no different. Whether you're new to the world of airdrops or have participated in several, Blum's airdrop code offers an exciting opportunity to gain free tokens and become part of the project. In this article, we'll walk you through what the Blum airdrop is, how to get your airdrop code, and how you can participate. How to Get a Blum Airdrop Code? Official Channels: Blum may distribute codes through their official Telegram, Discord, or Twitter channels. Stay active in these communities to catch the announcements. Referral Programs: Some airdrop codes are tied to referral programs where users can refer others and receive additional codes. Partnerships: Blum may collaborate with influencers, websites, or other projects to distribute exclusive airdrop codes. Events: Participate in various contests, quizzes, or promotional ...
1 comment
Read more

how to make money by crypto & every day 1000$ earn

By
  How to Make Money with Cryptocurrency: A Beginner’s Guide Cryptocurrency has taken the world by storm over the past decade, offering opportunities for individuals to make substantial gains. However, like any financial market, the crypto space is volatile and comes with its own risks. If you’re looking to explore ways to make money with cryptocurrency, this guide will walk you through the most popular methods used by investors and traders today How to mining crypto airdrops? If you want to know how to farm crypto airdrops, make sure to follow this step-by-step guide: Step 1: create a Crypto Wallet There are many wallet options, but finding the right wallet is essential. You need to find the most reliable and reputable app and make sure it serves your purposes. Comparing their features can help you choose the best one for your needs. After downloading the app, you need to follow the instructions to set up the wallet. Step 2: Researching and completing airdrops Several websites prov...
Post a Comment
Read more

Crypto ice (Apk) Download now for free All version

By
  Introduction In recent years, cryptocurrencies have taken the world by storm, and with it, various tools and apps have emerged to simplify trading, mining, and managing digital assets. One such tool is the Crypto Ice APK, which has caught the attention of many in the crypto community. In this article, we will explore what Crypto Ice APK is, its features, how it works, and whether it's safe to use. What is Crypto Ice APK? Crypto Ice APK is an Android-based application that allows users to engage with cryptocurrencies. Whether you're looking to trade, mine, or manage your digital assets, Crypto Ice APK claims to offer a variety of features to make these processes easier and more efficient. Is Crypto Ice APK Safe? One of the most important questions users should ask before downloading any APK file is about security. Since Crypto Ice APK is distributed outside official app stores, it’s essential to be cautious. The app should be downloaded only from reputable sources to avoid pot...
Post a Comment
Read more