I’ve been writing on Pi coin price for the past 9 months. During this time, there hasn’t been any significant progress in the Pi Network mainnet. Due to an intense backlash from the community, the team promised to reveal the roadmap for the mainnet launch in September.
However, this got delayed again, and now the roadmap reveal will be divided into two phases. According to the latest Pi Network news, the first phase of the roadmap will be shared in October. However, due to constant delays, the deadlines mean very little for the Pioneers anymore.
Pi coin has a fanbase of its own. The project caught mainstream attention when it boarded millions of non-crypto users on its Pi Network app. Since then, the project has developed its own mainnet, but it remains in the enclosed phase.
Millions of users around the globe are mining Pi coins on a daily basis without any idea about the Pi coin price. However, most still continue to mine as there is no direct cost involved. Due to constant delays in the full launch of the mainnet, some analysts also allege that Pi Network is generating revenue from the daily traffic on its app.
However, the team has a different opinion and according to them, slow development is better than launching a half baked project. Only time will tell the truth but the frustration among the holders is real, as many of them want to sell their coin for fiat.
Pi Coin Price Analysis
Since the official mainnet of Pi coin is not fully released yet. The users can’t exchange their coins for other assets. Due to this reason, the coin is not tradable on any crypto exchange except for a few platforms that have listed the IOU pairs for speculation. Therefore, if you find any Pi coin price prediction on the internet, you must take it with a pinch of salt.