Pi Coin Recovers After Crash During Mainnet Launch

Pi Coin has now climbed over 80% from the previous crash, according to the Binance data. The major differentiator for PiCoin is that unlike other cryptocurrencies like Bitcoin, which requires powerful computers to mine, Pi Coins can be easily mined using a mobile app.

Pi Coin: Pi Network’s Open Mainnet was launched officially on Thursday, February 20. This enabled users to transfer their Pi Coin outside the network for the first time. With the launch, this PiCoin is now available on prominent cryptocurrency exchanges like OKX, Bitget, and CoinDCX. Additionally, this marked the beginning of genuine trading, value, and investment opportunities.

Pi Coin’s price witnessed a significant crash following its mainnet launch. Pi Coin’s price has dropped substantially, and its price soon fell by about 55% to around $1 and further crashed. Before the launch, some investors were trading PiCoin at very high prices, up to $200, which created unrealistic expectations about it.

Latest Price Of Pi Coin

According to the Binance data, apiece of PiCoin is priced at $1.652374 with a 24-hour trading volume of $127.54 million. Moreover, Pi Network has achieved a major milestone in India, exceeding 10 crore downloads on the Google Play Store, said media reports.

Other Details

What Is Pi Network: Pi Network is a unique cryptocurrency platform that combines social features, development tools, and real-world uses, and it allows users to easily mine and send Pi coins using their mobile devices.

What Is Pi Coin: PiCoin was one of the most anticipated cryptocurrency. It can be easily used with the mobile app. Moreover, PiCoin is now in the open network and can be traded outside after the Mainnet launch.

Future Price Outlook: Looking ahead to 2030, if PiCoin becomes a widely used digital currency with real-world uses, its price could exceed $500, predict analysts.