Pi is a digital currency that enables traders to mine coins without any risk or difficulties. You can mine Pi on your mobile phones. As simple as it is, it also offers a secure and fail-proof platform for crypto transactions. One can acquire this token without needing expensive crypto mining hardware or large investments.
What Is Pi Network?
Pi is the first digital currency you can mine on your phone without any crypto-mining hardware or large investments utilizing the Stellar Consensus Protocol (SCP).
It has a decentralized network enabling secure, Immutable, and interoperable digital money. It is a user-planet-friendly network that is easy to use, secure at scale, and without massive electrical waste.
The vision of Pi is to build the world’s most inclusive peer-to-peer ecosystem and online experience, fueled by Pi, the world’s most widely distributed cryptocurrency.
The Pi Network has a referral system and advertisements to help users earn money by inviting others. The Pi Network has over 35 million engaged users and a unique mining mechanism for mining Pi directly from smartphones. Pi aims to empower users and secure transactions through a mobile system backed by Web 3.0 experience.
The Pi Network team plans to expand the network’s functionality by creating an attention marketplace, a barter marketplace, and a decentralized app store. The attention marketplace will allow members to trade attention, and the barter marketplace will enable members to trade goods and services.
Price Evaluation Of Pi
The trading volume of Pi Network (PI) over the last 24 hours is $311,378, showing a decrease of -20.80% in the last 24 hours. The current value of Pi is $41.44 which is up 9.3% in the last 24 hours. Pi Network (PI) has experienced a 7-day price decline of -2.50%, underperforming the global cryptocurrency market (+2.00%) and similar IOU tokens (0.00%).
When Will Pi Launch?
The Pi Network’s main net is expected to launch on June 28, 2024. Before this, there has been a sudden growth in the price of Pi Coin.
The Pi team also suggested some goals on a page called “mainnet2024” that they wish to pass before launching Open Mainnet, including 15 million Pioneers passing Know Your Customer (KYC) checks, 10 million Pioneers migrating to beta mainnet, and 100 mainnet-ready apps. If Mainnet’s launch date depends on achieving those milestones, the wait may not be too long.
Where To Buy It?
You can trade PI tokens on centralized crypto exchanges. The most popular exchange for buying and trading Pi Network is BitMart. The PI/USDT trading pair on BitMart has a trading volume of $225,629 in the last 24 hours. Other popular options include
- HTX
- CoinW.
- XT.COM
How To Buy It?
Pi can only be obtained through mining. As Pi main net has not yet been launched, it is currently unavailable for transactions. As claimed by the Pi team, once launched it can mined using your phone.
Users can obtain the mobile app from the iOS App Store or Android Play Store to mine Pi coins easily. They can also securely store Pi coins in a digital wallet and monitor transactions with the Pi coin wallet app. Users can earn Pi coins and send money to others using their PI wallet username at a quicker speed on the Pi Network website as well.
Conclusion
The Pi Network is the first cryptocurrency that you can mine through your phone. It is set to be launched by the end of June 2024. It is said to be easily accessible and user-friendly.
It has a decentralized network enabling secure, Immutable, and interoperable digital money. As of now, the coin price charts have been showing major growth.
The future price of the coin cannot be predicted now as empirical analysis cannot be done. If you wish to obtain the Pi network, you can access the app through your mobile start mining. Users can earn Pi coins and send money to others using their PI wallet username at a quicker speed on the Pi Network website as well.
Disclaimer: These are not financial or investment suggestions. Researching before investing is vital to understanding the market of the coin.
