Pi coin price remains one of the most googled topics in cryptocurrencies. The current market value of the native asset of the Pi Network ecosystem remains one of the biggest mysteries in the crypto world. Many traders continue to speculate on the price on different exchanges by trading IUO contracts, adding to the uncertainty.
The holders of Pi coin are confused as to whether to sell their coins or accumulate more as the project has revealed very little about its roadmap and the timeline for the launch of the full mainnet. According to the most recent reports, the blockchain of the Pi Network is still in closed beta.
Is Pi Network Launch Getting Delayed Intentionally
The delay in the full launch in the mainnet is fueling a lot of speculation and conjectures. Many analysts believe that the team behind the project is just farming engagement and generating huge revenue from the daily traffic on the Pi app.
While the traffic on the app is massive and may generate a substantial income for the project, it is still very difficult to determine if the project is delaying the mainnet launch deliberately. Even though the real Pi coin price is not known yet, an unofficial peer-to-peer market has started to develop.
Pi Coin Price Forecast
There is no price history available for the Pi/USD pair, as the coin hasn’t even been launched formally on any exchange. Nevertheless, Pi derivatives are trading on different exchanges at an average price of $33.4. Considering a high circulating supply of Pi, I don’t believe this price to be accurate.
Every Pi coin price prediction available on the internet right now is not accurate because there are still many unknowns involved in the process. The real forecast can only be made once the coin gets launched on crypto exchanges.