Pi coin price is such a riddle which is a hard nut to crack, even for industry veterans. Millions of people across the globe have been mining the coins on their Pi Network app for years. However, it is still not clear when the public mainnet of its blockchain will be launched.
Cryptocurrencies are facing strong tailwinds as analysts are expecting institutional adoption soon. After Ripple’s win against SEC in its lawsuit, the market sentiment is very positive. However, Pi coin community is unlikely to gain anything from the positive news as their coin hasn’t even been launched yet.
What Is Happening With Pi Network?
Pi network is an application that allows its users to mine new coins every day. After years of accumulation, the holders want to know the real Pi coin value. Due to the delay in the launch of the mainnet, real coins are yet to be created and listed on exchanges.
While the project hasn’t released any information on the Pi coin price, many exchanges have started to allow speculation on the price. Houbi is one such exchange that allows you to buy IOU contracts of Pi coin. However, you must know that the current Pi Network value is not real, and it is better to wait for the mainnet to launch.
Pi Coin Price Prediction For Coming Months
If you are a holder of Pi Network coins then the only thing you can do right now is to accumulate more coins. Although there are some reports of people selling their coins in P2P markets, you still can’t trade them on crypto exchanges like Binance. As I have repeatedly mentioned in my previous Pi coin price prediction, you must wait for the Pi blockchain to launch.
Since 2021, Pi network is in its enclosed mainnet. Even after more than 18 months, there is still no announcement on the launch of the public mainnet. While the project’s Twitter suggests that many projects are being built on Pi blockchain, it is very hard to verify these claims.
In the meantime, you are also welcome to follow me on Twitter to keep track of my personal trades and the upcoming 1000x Gems.