Pi Network has attracted global attention with its mobile-device priority mining model and promise of comprehensive cryptocurrency access. Millions of users have joined the project, hoping that the tokens they have mined over the years will soon hold significant value. As anticipation grows, price predictions are also rising—some early users are targeting $10 for each Pi.
Analysts remain cautious. Without an official listing on major exchanges or an active economy surrounding the token, many expect a much more modest launch price, potentially close to $0.01. The gap between hope and market reality has sparked heated debates in trading forums and communities.
What is the Pi Network and why is it important?
Pi Network launched in 2019 with a bold claim—it allows users to mine cryptocurrency directly from their mobile phones without draining their battery or requiring expensive hardware. Built by a group of Stanford graduates, the project quickly garnered attention. Millions joined through an invite-only model, which fueled curiosity and helped Pi become one of the most downloaded cryptocurrency-related apps worldwide. The app allows users to mine Pi by logging in daily, a system emphasizing social interaction over traditional mining power.
Despite being strongly accepted by users, Pi Network has yet to launch on any major exchanges. The tokens currently mined through the app have no market value and remain in what the team calls a "closed mainnet." This means the tokens can only be used within a limited internal testing ecosystem. There is no confirmed launch date or publicly available tokenomics. As of May 2025, Pi does not appear on major cryptocurrency trackers like CoinMarketCap or CoinGecko with verified prices, limiting its credibility in the trading community.
Even so, interest in Pi remains high. Many early users believe that once Pi opens up for external trading, it could be quickly adopted due to its massive user base. They point to the app's accessibility and the educational background of the developers as reasons for its long-term potential. However, without a clear roadmap or utility model, Pi remains speculative. Its future will depend on whether the team can deliver an open network with practical use cases that align with current cryptocurrency trends.
Why some investors hope for a $10 Pi Token
Many Pi Network users remain confident that this token could eventually reach a price of $10. This optimism stems from the large scale of the community. According to the official statement from the core team, the app has attracted over 47 million users participating worldwide. For these users, years of continuous mining have fostered a sense of long-term investment. The idea of converting thousands of mined tokens into substantial value has led many users to engage actively.
Some early users argue that the controlled token supply and Pi's foundational model give it an advantage. Because the tokens have not yet been publicly traded, users believe that scarcity could create upward pressure when it eventually appears on exchanges. Online discussions within the Pi Network community often cite the early days of Bitcoin as inspiration, suggesting that Pi could follow a similar path. This belief persists despite Pi not confirming any partnerships with centralized exchanges or releasing a comprehensive report outlining its economic model.
Hope for a $10 valuation is driven more by sentiment than by fundamental market factors. There is currently no public data from Coinbase or Binance confirming that Pi will be listed anytime soon. Without verified liquidity, external demand, or defined utility, the $10 target remains purely speculative. For many supporters, it represents a best-case scenario rather than a prediction based on financial modeling.
Why analysts say it could be closer to $0.01
While users set high goals, some analysts argue that the value of Pi could start much lower. Price predictions for Pi Network are often cited at around $0.01, based on historical data from previous token launches lacking utility or exchange presence. Analysts at CoinDesk have pointed out that without tokenomics, market accessibility, or clear trading use, tokens like Pi typically only achieve a fraction of user expectations.
The lack of a public blockchain explorer or decentralized verification process makes it difficult for third parties to assess supply or demand. CoinMarketCap currently lists Pi with a disclaimer noting that the circulating supply is unverified. This uncertainty limits trust among traders dependent on transparent data to measure potential risks. For new tokens to attract attention, most analysts seek open smart contracts, listing pairs, and consistent trading volumes—none of which apply to Pi at this stage.
Cryptocurrency investors have witnessed similar cases calling for caution. High hopes surrounding a project's brand or community size do not always translate into price performance. Until Pi demonstrates clear functionality or confirms listings on exchanges, its speculative nature is likely to suppress initial valuations. Most short-term price prediction models for Pi Network remain conservative, focusing on what is currently available rather than the predicted hype.
Price speculation vs. Practical utility – Trends for 2025
The cryptocurrency trend for 2025 is changing. Many investors are moving away from tokens built entirely on hype and instead toward projects that offer real functionality. Tokens that address technical issues or integrate with everyday services are attracting more attention. For example, data from DeFiLlama shows an increasing flow of capital into decentralized applications that support lending, AI, or cross-chain tools.
Market participants are currently placing more emphasis on product delivery. A whitepaper alone is not enough. Tokens backed by active ecosystems, positive growth, or smart contract integration are seeing more consistent demand. The performance of tokens linked to artificial intelligence and blockchain infrastructure, such as oracles, automation tools, or real-time data protocols, reflects this shift. As seen in Binance's Market Overview, some of the top-performing coins include those linked to on-chain AI analytics or automated trading logic.
This shift in focus is not temporary. It reflects a broader trust in the ability of blockchain to support practical solutions. Investors are watching how tokens create value through real-world usage rather than media attention. Newer tokens entering the market are being evaluated not just based on future promises but also on immediate utility and transparency. It is creating space for projects like Dawgz AI to combine emerging technological features with cultural relevance.
Can Pi Network make a comeback?
Despite concerns about delayed launches and unverified supply, many investors believe Pi Network still has plenty of room to grow. Its community remains one of the largest in the cryptocurrency space, with millions of users mining tokens daily. If the core team manages to launch on a public mainnet with a functioning utility and list on an exchange, Pi could find a place in the market. However, the timeline for that shift remains unclear. According to CoinMarketCap, Pi is currently labeled as "closed mainnet" and price data is unverified.
Some users remain patient. They compare the Pi experience to long-term projects like Ethereum or Cardano, which also took time to gain acceptance. However, these comparisons must be contextualized. Ethereum has open-source smart contracts and early integration into decentralized applications. Pi still lacks a functional blockchain that third parties can audit or interact with. Without clear documentation or access to exchanges, traders will find it challenging to accurately assess value or risk. At this stage, Pi remains a closed system, putting pressure on user expectations.
That said, the cryptocurrency market can change rapidly. A successful launch or confirmed utility could attract demand, especially from users who have been following the project from the beginning. Until that happens, many investors are exploring alternative projects that are active and offer features. Projects like Dawgz AI are currently gaining attention for providing real functionality without relying on future hype. The long-term potential of Pi may still exist, but it entirely depends on execution.
Final thought: Utility could shape the future of cryptocurrency projects
The debate surrounding the true market value of Pi Network highlights a larger shift in how cryptocurrencies are measured. Community size and initial interest still matter, but today's investors are focusing more on actual value. Tokens that provide tools, interactivity, or integration are receiving faster support than tokens based solely on speculation. That does not mean Pi lacks potential—it simply means its future depends on whether it can deliver something that users can actually use.
As 2025 unfolds, the gap between hope-driven tokens and utility-based projects is becoming more apparent. Market data shows that projects providing transparency and functional features are progressing in both price and user engagement. Utility is not just a buzzword—it's quickly becoming the foundation for long-term relevance in cryptocurrency.
