Pi Network

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Pi Network price

in USD

$0.44400

-$0.01000 (-2.21%)

USD

$3.43B #31

7.71B / 100B

$3.0000

$91.65M

USD

About Pi Network

Pi Network is a mobile-first cryptocurrency project that aims to make crypto mining accessible to everyday users through smartphones. Unlike traditional mining, which requires expensive hardware, Pi allows users to earn tokens by contributing to the network’s security and growth via a simple mobile app. For investors, Pi offers an easy entry point into the world of digital assets with minimal technical barriers. While the project is still in development and Pi tokens are not yet widely traded on major exchanges, the network has attracted a large user base. Its long-term success will depend on achieving decentralization and delivering real utility for the token. As with all early-stage projects, users should stay informed as the network evolves.

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Disclaimer

The social content on this page ("Content"), including but not limited to tweets and statistics provided by LunarCrush, is sourced from third parties and provided "as is" for informational purposes only. OKX does not guarantee the quality or accuracy of the Content, and the Content does not represent the views of OKX. It is not intended to provide (i) investment advice or recommendation; (ii) an offer or solicitation to buy, sell or hold digital assets; or (iii) financial, accounting, legal or tax advice. Digital assets, including stablecoins and NFTs, involve a high degree of risk, can fluctuate greatly. The price and performance of the digital assets are not guaranteed and may change without notice.

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Pi Network’s price performance

3 months

-30.43%

$0.63820

30 days

-17.05%

$0.53520

7 days

-5.46%

$0.46960

Today

-1.34%

$0.45000

Pi Network in the news

Pi Network on socials

At 8 PM, I saw an opportunity for speculation at midnight on the 19th, which is a systematic demand. Later, at midnight, PCT indeed released a very valuable announcement, but most people may have different understandings. #PI Here are my thoughts: Since the announcement from PCT is something that most people cannot understand, as long as there is a rebound, there will be a wave of investors giving up and selling off. And when the announcement came out after midnight, the price seemed to have found support. Moreover, the borrowing whales not only did not increase their borrowing of PI but instead bought back 400,000 to repay the borrowed PI. In my article on July 5, I wrote that when establishing a historical bottom, the additional information from whales is meant to deceive people into selling off and suppressing the price, ultimately to buy back. So how did this timing turn into buying back PI? Perhaps the whales are already prepared. The whales know that PCT has important updates to release. However, many people have been asking me in the past few days about a wallet address that has been continuously buying PI, totaling over 30 million PI. Which institution is it? A valuable part of the recent PCT announcement is that PCT directly clarified the part everyone wanted to know, which is that the wallet with over 30 million is the app studio's APP staking. PCT directly pointed out in the announcement that if users want their listed APP to rank higher, they need to stake more PI. Therefore, many institutions are causing a buying frenzy to grab visibility, but before this, most participants did not notice this matter. And just now, PCT announced that a total of over 37.7 million PI has been staked, with over 25 million PI in an active staking state. This 37.7 million converts to about 17 million USD, which is not a small amount. This is not something to compare with financing from other projects; this amount is almost all in and no out. Because unless the person listing the APP does not want anyone to use their APP, who would not want their APP to have consumers? Therefore, my view is that this announcement needs promotion; it has the opportunity to open another path for takeoff. But what the final result will be, as long as there is a wave of buying on the morning of the 19th, it will continue to rise. And who will be the buyers in the morning? I do not know. Quickly promote so that this important big player can feel the risk is low and enter the market. As long as they can enter and buy PI, then before the 24th, it will be a very good trend-following route. Unless there is no rise before the 24th, then we may need to prepare for a new wave of whales to suppress again. By then, the historical bottom from the 5th will be useless, because by then, the whales will be ready to launch a new wave of attacks.

8.45K

PI saw an opportunity to hype at 20:00 in the early morning of the 19th, which is a systemic demand. When I saw 0 o'clock later, the PCT issued a very valuable announcement, but most people may understand it differently. Here's my take: Since the PCT announcement is incomprehensible to most people, as long as it rebounds, there will be a wave of investors giving up and leaving the market. As soon as the announcement after 0:00 appeared, the price seemed to have support. The borrowing whale not only did not increase the borrowing PI, but bought back 40 PI to repay the loan. In my article on July 5th, I wrote that when establishing the historical bottom, the additional whale information that appeared was that he was going to deliberately deceive others to sell and suppress it, and finally buy it back, so how did this timing point become to buy back PI? Maybe the whale is almost ready. Whales know that the PCT has important updates to roll out. However, a few days ago, many people have been asking me, there is a wallet address that keeps buying PI, a total of more than 30 million PI, which institution is it? A valuable part of the PCT announcement just now is that the PCT directly and clearly deliberately announced the part that everyone wants to know, that is, the wallet of more than 30 million, which is the APP staking of the app studio. The PCT directly pointed out in the announcement that if the app listed by users wants to rank higher, they must stake more PI, so many institutions have caused a wave of purchases in order to grab space, but before that, most participants did not notice this. The PCT has just announced that a total of more than 37.7 million are staked, and more than 2500 Pi are actively staked. This 3770 is equivalent to about 1700 US dollars in legal currency, which is not a small amount. Because unless the person who lists the app doesn't want anyone to use his APP, then who doesn't want their APP to be unconsumed? Therefore, my view is that this announcement needs publicity, and he has the opportunity to open another take-off path, but what will be the final result, as long as there is a wave of buying on the morning of the 19th, then it will continue to rise. And who will be the person who will buy it in the morning? I don't know. Hurry up and promote it so that this important big player can feel that the risk is low and enter the market. As long as he can enter the market to buy PI, then before the 24th, it will be a very good route to follow the trend. Unless it is not pulled on the 24th, then a new wave of whales may have to be prepared to re-suppress. At this point, the historical bottom of the 5th is useless, because at that time, the whales will re-attack a new wave of offensive. #PI

9.77K

Guides

Find out how to buy Pi Network

Getting started with crypto can feel overwhelming, but learning where and how to buy crypto is simpler than you might think.

Predict Pi Network’s prices

How much will Pi Network be worth over the next few years? Check out the community's thoughts and make your predictions.

View Pi Network’s price history

Track your Pi Network’s price history to monitor your holdings’ performance over time. You can easily view the open and close values, highs, lows, and trading volume using the table below.

Pi Network on OKX Learn

Pi Network FAQ

PI has a maximum total supply of 100 billion. This total is allocated to the Pi community and Pi core team in an 80/20 split, respectively.

To earn in-game coins in PI, tap on the app, complete daily tasks, participate in special events, and invite friends through the referral program. Using boosts and engaging in daily ciphers can also help increase your earnings.

There is some risk to trading Pi, just as there is with all cryptocurrencies given the market's volatility. Although Pi Network is a legitimate project, it's important to do your own research before trading PI, and to never trade with more than you can afford to lose.

To start playing PI network, download the PI app, create an account, and click the "Lightning" button on the right side of the screen.

The opening of PI's main network will allow the PI you earn in the application to be migrated to the main network and exchanged with high-quality tokens from other public blockchains. After migration, you can choose to deposit into OKX and exchange with other cryptocurrencies on OKX.

On December 28, 2021, Pi Network launched its Mainnet blockchain in an enclosed state, meaning that the Mainnet is live but with a firewall that prevents any unwanted external connectivity. Moving to Open Network means that the firewall will be removed, allowing for any external connectivity, e.g., to other networks, wallets, and anyone who wants to connect to the Pi Mainnet blockchain. API calls will not be firewalled, and Pioneers will be able to run their own Mainnet Pi Nodes and API services.

Currently, one Pi Network is worth $0.44400. For answers and insight into Pi Network's price action, you're in the right place. Explore the latest Pi Network charts and trade responsibly with OKX.

Cryptocurrencies, such as Pi Network, are digital assets that operate on a public ledger called blockchains. Learn more about coins and tokens offered on OKX and their different attributes, which includes live prices and real-time charts.

Thanks to the 2008 financial crisis, interest in decentralized finance boomed. Bitcoin offered a novel solution by being a secure digital asset on a decentralized network. Since then, many other tokens such as Pi Network have been created as well.

Check out our Pi Network price prediction page to forecast future prices and determine your price targets.

Dive deeper into Pi Network

Pi Network (PI) Price & Value Today

The Pi Network cryptocurrency (commonly known as Pi coin or Pi crypto) is one of the most anticipated digital currencies. Global interest in Pi coin price and the overall value of Pi continues to grow.

As adoption increases, so does the public's curiosity around: Pi coin value, Pi price today, Value of Pi today, Pi rate. On OKX, you can track the Pi network price in dollar or simply check the latest Pi cryptocurrency updates.

Key Takeaways

Pi Network is the pioneer of mining apps. The team, as early as 2019, allows users to use smartphones to mine, just click once a day to get PI coins. They have become one of the most popular money games in the world.
Pi by itself is used by people around the world to facilitate their local business transactions. There are many stores accepting Pi as a payment for goods and services, while people can use Pi to buy such goods and services.
In addition to app-level utility, Pi also has platform-level utility, namely converting Pi’s collective resources, such as attention of the whole network and the collective CPU of the computer nodes, into utility of Pi.

About Pi

PI is the native currency of the Pi Network. Pi Network is a smartphone app-based platform for mining crypto. The platform aims to lower the barrier to crypto adoption by allowing individuals to mine directly from their device, rather than using conventional mining hardware.

The project also has wider utility beyond mining. It aims to scale trust across the web through its Stellar Consensus Protocol (SCP) and the introduction of security circles — small trusted groups of users called "Pioneers" — in the ecosystem. Users can also make transactions across the network, while a social media channel embedded in the app aims to democratize the influence seen on traditional social platforms and create an attention marketplace.

How does the Pi Network work?

The SCP and Federated Byzantine Agreement (FBA) algorithm underpin the network's consensus mechanism. This mechanism is fundamental to the network's mining method. The SCP uses FBA to validate updates made to the distributed ledger. The protocol is seen as an alternative to Proof of Work — used by Bitcoin — and is an attractive option because it has zero energy wastage.

The platform's mining mechanism is designed to incentivize users to contribute to the network through meritocracy and be rewarded in return.

Pi Network price and tokenomics

The total supply of PI is capped at 100 billion PI. Of this total, 80% will be distributed to the Pi community, with the remaining 20% assigned to Pi core team members. The core team's allocation can only be unlocked at the same rate as the community's allocation. So, if 30% of the community's allocation is in circulation, the core team can only unlock 30% of its supply. Meanwhile, the 80% community supply is further divided. Sixty five percent of the token supply is allocated to past and future user mining rewards, with 10% allocated to community organization and ecosystem development. Meanwhile, 5% is allocated to a project liquidity pool.

Local commerce utility

Pi by itself is used by people around the world to facilitate their local business transactions. There are many stores accepting Pi as a payment for goods and services, while people can use Pi to buy such goods and services.

During a local commerce social event in December 2023, people submitted over 21,000 participants with images of local businesses offering or willing to offer their goods and services in Pi.

App-level utilities

Pi has a developer platform that allows third-party developers to develop web apps in any computer languages integrating Pi SDK to interact with Pi blockchain. The platform also provides traffic for these Pi apps to bootstrap their usage and iterate their products. The Enclosed Network was designed to help the community create app-level utilities (Pi apps) that contain real use cases of Pi. Currently there are over 70 Pi-apps that integrate Pi as the only payment method and are on Mainnet or Mainnet ready. Pi Apps range from e-commerce and marketplaces to labor and intellectual property exchanges, from local commerce integration for payments to games and education, etc.

One example is their own KYC app where users use Pi to pay for their KYC verification provided by the labor of KYC human Validators in addition to AI, which, in turn, boost the utility of Pi tokens in the ecosystem. The KYC app is a scalable Pi-native solution that covers almost all geolocations where our users reside and without any fiat cost for the users to verify their identity before migrating to the Pi Mainnet as part of the requirement. Currently, over 15 million Pi users have submitted their documents and passed Pi KYC through this app.

Platform level utilities

In addition to app-level utility, Pi also has platform-level utility, namely converting Pi’s collective resources, such as attention of the whole network and the collective CPU of the computer nodes, into utility of Pi. The first instantiation of this type of utility is the Pi Ad Network that has been released and has onboarded a few Pi apps. In the Pi Ad Network, advertisers will need to acquire Pi from the market to pay for their ads on various Pi apps which will receive traffic from the Pi platform, and developers in PI ecosystem displaying ads from Pi Ad Network will be paid in Pi.

De-Fi apps after Open Network

Pi Blockchain, after Open Network, can support any type of typical crypto use cases, including DEX, NFTs, AMMs, and more. Such utility will only be possible after Open Network when external connectivity is possible.

About the Pi Network founders

Pi Network was founded by Chengdiao Fan, the project's Head of Product, and Nicolas Kokkalis, Head of Technology. Both Stanford PhD graduates, the pair set out to address key hurdles to crypto accessibility and adoption through the platform. The project was launched on March 14, 2019 — Pi Day, which commemorates the mathematical sign pi — and has grown to be a community of tens of millions of members.

How to Start Playing Pi Network

Embarking on your Pi journey is simple and intuitive. Here’s how to get started:

Download the PI app from either the Apple Store or Play Store and create an account.
Once your PI account is set up, you can start clicking the "Lightning" button on the right side of the screen to prove your daily attendance on the pi network platform. In addition, you can also use manual clicking to prove that you are a real person and not a robot.
After clicking the lightning button, the system will automatically start mining to earn Pi coins, and then the system will display your current mining speed, mainly including the hourly output value of Pi coins; in addition, it will also tell you that after 24 hours, remember Come back and click the "Lightning" icon again to avoid mining interruptions

Converting and Withdrawing PI Coins

After you earn a certain number of PI coins, the next step is to exchange and withdraw them. Pi Network allows players to migrate Pi coins earned from the PI app to the mainnet

Mainnet Migration

You can click the Mainnet option in the PI app, follow the system prompts to perform KYC, download the PI Browser app, create a PI wallet, confirm your PI wallet, and set a locking commitment. In this way, the PI you earn can be migrated to the main network, so that your PI coins can be exchanged with other public blockchain tokens.

Selling Tokens on Exchanges

Once Pi coin are listed, they can be sold on supported cryptocurrency exchanges. The Pi network team aims to clean up bot accounts before the token listing to maintain ecosystem integrity. Understanding the token selling process beforehand can help Pioneer users take advantage of potential price pumps when Pi coin are listed.

Community Engagement and Social Media Presence

Pi Network has grown to over 60 million engaged users worldwide and 200,000+ computer nodes on Testnet (to be migrated to Mainnet after Open Network) collectively estimated to possess over 1 million CPUs. The growth of such a massive blockchain network is the basis for creating true utility of Pi as part of our strategy from the beginning.

Official Channels

Real-time updates and community engagement primarily occur through the official Twitter. Pi network also utilizes a YouTube channel for educational and promotional videos, ensuring that users stay informed and engaged. These official channels are crucial for keeping up with the latest developments and finding valuable tips and tricks.

Engaging with the Community

Through interactive Fireside content, where users can read new content, and multilingual chats, Pi network fosters community engagement, offering players multiple ways to interact. Users contribute to the app’s growth through feedback and community initiatives, making their participation crucial to the game’s ongoing development.

Engaging with the community not only enhances the gaming experience but also provides valuable insights and support.

Future Developments and Roadmap

The PI network plan will enter the main network open network stage after meeting the established conditions. There is no specific timetable, but according to current progress, market speculation will be by the end of 2024. By then, the $PI that has entered the PI main network will be freely exchangeable with tokens from other public blockchains.

Planned Features

Pi Network has a three phase roadmap.Phase III is split into two parts: Enclosed Network (current) and Open Network.

Phase I: Beta

In December 2018, Pi publicly listed the mobile app on the major app stores as an alpha prototype that onboarded the initial Pioneers. On Pi Day, March 14, 2019, the original Pi Whitepaper was published, marking the official launch of Pi Network.

Phase II: Testnet

This phase started on March 14, 2020, marking another critical preparation to the transition to a decentralized blockchain—a live Testnet with distributed nodes from all over the world. Pi Testnet, along with the accessible Node software, not only enabled the testing of blockchain but also initiated decentralized building efforts by the community to create utilities using Test-Pi.

Phase III: Enclosed Mainnet

This period began in December 2021. The Enclosed Network period means that the Mainnet is live but with a firewall that prevents any unwanted external connectivity. Pioneers will be able to take time to KYC and migrate their Pi to the live Mainnet blockchain while the community builds apps and utilities on the Enclosed Mainnet for the network.

Phase III: Open Mainnet

The Open Network period will begin depending on the maturity of the Enclosed Network ecosystem and the progress of the network’s KYC. Open Network means that the firewall in the Enclosed Network period will be removed, allowing any external connectivity, e.g., to other networks, wallets, and anyone who wants to connect to Pi Mainnet.

ESG Disclosure

ESG (Environmental, Social, and Governance) regulations for crypto assets aim to address their environmental impact (e.g., energy-intensive mining), promote transparency, and ensure ethical governance practices to align the crypto industry with broader sustainability and societal goals. These regulations encourage compliance with standards that mitigate risks and foster trust in digital assets.

$3.43B #31

7.71B / 100B

$3.0000

$91.65M

USD

Pi Network price

About Pi Network

Disclaimer

Pi Network’s price performance

Pi Network in the news

Pi Network on socials

Guides

Pi Network on OKX Learn

More to explore

Pi Network FAQ

What's the total supply of PI?

How can I earn PI coins in the PI app?

Is it safe to trade PI?

How do I start playing PI network?

What are the benefits of the upcoming PI open mainnet?

What is Open Network?

How much is 1 Pi Network worth today?

What is cryptocurrency?

When was cryptocurrency invented?

Will the price of Pi Network go up today?

Dive deeper into Pi Network

Pi Network (PI) Price & Value Today

Key Takeaways

About Pi

How does the Pi Network work?

Pi Network price and tokenomics

Local commerce utility

App-level utilities

Platform level utilities

De-Fi apps after Open Network

About the Pi Network founders

How to Start Playing Pi Network

Converting and Withdrawing PI Coins

Mainnet Migration

Selling Tokens on Exchanges

Community Engagement and Social Media Presence

Official Channels

Engaging with the Community

Future Developments and Roadmap

Planned Features

ESG Disclosure