Overview of Pi Network
Pi Network represents a groundbreaking decentralized cryptocurrency project harnessing the power of mobile mining. Key characteristics:
- Community-Driven: Over 30 million engaged members worldwide
- Web3 Focus: Ecosystem built for decentralized applications
- Mobile-First Approach: Accessible mining via smartphone
- Sustainability: Energy-efficient consensus mechanism
Technical Specifications
| Metric | Detail |
|---|---|
| Total Supply | 100 billion PI |
| Circulating Supply | 7.63 billion PI (7.63%) |
| Initial Release Date | February 2025 |
| Protocol Type | AMM-Compatible |
๐ Track real-time PI price movements across major exchanges
Market Performance Analysis
Current Status (USD)
- Price: N/A (market pending full launch)
- 24H Change: +0.42% (projected)
- Total Market Cap: To be determined
Note: Trading markets will activate upon mainnet launch in Q1 2025
Historical Trends
- Pre-launch valuation models suggest $0.50-$1.20 initial price range
- Community growth has shown 300% YOY increase since 2023
Project Ecosystem
Core Components:
- Pi Browser (Web3 gateway)
- Pi Wallet (non-custodial solution)
- Developer Platform (dApp creation tools)
Explore PI's technical architecture through our comprehensive guide
Documentation Resources
- Whitepaper: Details consensus algorithm
- GitHub Repository: Open-source development
- Block Explorer: Transaction verification tool
Risk Considerations
Investor Advisory:
โ๏ธ Conduct independent research before participating
โ๏ธ Only allocate risk capital (1-5% of portfolio)
โ๏ธ Monitor project development phases
Market volatility may intensify during mainnet transition periods
FAQs
Q: When can PI be traded on major exchanges?
A: Expected Q1 2025 post-mainnet launch, pending exchange listings.
Q: What determines PI's value?
A: Supply/demand dynamics, adoption rate, and ecosystem utility.
Q: How does mobile mining work?
A: Users verify transactions via lightweight daily sessions earning 0.1-0.5 PI/hour.
Q: Is PI mining profitable?
A: Early adopters benefit from higher earn rates; profitability depends on future market valuation.
Q: What's the difference between PI and Bitcoin?
A: PI uses energy-efficient Stellar Consensus Protocol vs. Bitcoin's Proof-of-Work.
๐ Compare PI to other altcoins using our interactive tools