What Is Pi Coin?
Pi Coin, often referred to simply as Pi, is the native digital currency of the Pi Network—a project launched in 2019 by a trio of Stanford PhDs aiming to make cryptocurrency mining accessible to everyday users via smartphones.
It’s designed to be mined on mobile devices with minimal energy usage, making it accessible to everyone. Pi uses a lightweight consensus mechanism that allows users to “tap” daily to mine tokens.
Users can earn PI, by installing the mobile app and tapping it once every 24 hours to mine.
How You Can Download ?
How to download the Pi Network app and what to do after downloading, here is the step by step guide.
Android user can download pi app from Google play store & Apple user from apple store.
After Downloading the Pi Network App :
1. Create an Account: Open the Pi Network app and create an account using your phone number or Facebook account.
2. Verify Your Account: Verify your account using the verification code sent to your phone number or Facebook account.
3. Set Up Your Profile: Set up your profile by adding your name and other details.
Use a strong password to secure your account.
4. Start Mining: Start mining Pi by clicking the “Mine” button every 24 hour.
5. Contribute to the Network: Contribute to the Pi Network by participating in the mining process and helping to secure the network.
6. Earn Pi Coins: Earn Pi coins as a reward for contributing to the network .
How PI Network Works ?
Mining Mechanism
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Users earn Pi through daily taps and by contributing to the network’s growth via referrals or security circles.
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The system simulates decentralized mining without energy-intensive computations.
Technical Setup
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Pi runs on a custom Layer-1 blockchain (meaning it has an independent network infrastructure like Bitcoin or Ethereum. This allows it to process transactions, run smart contracts, and support decentralized apps (dApps) without relying on other blockchains)
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As of mid-2025, many tokens remain locked in private or development wallets; only a fraction is in circulation
Ecosystem Growth
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Pi apps, a Pi Chain Mall, and partnerships are slowly emerging.
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Several Asian merchants now accept Pi, and tokens can bridge to Ethereum or BNB chains ( Pi tokens can be connected to other blockchains like Ethereum or BNB Chain, so users can use their Pi outside the Pi Network. This makes it easier to trade or use Pi on popular crypto apps and platforms ) .
Has Pi Coin Launched Yet ? 2025
Yes , Pi Coin Officially Launched Its Open Mainnet in 2025.
After years of testing in a “closed mainnet” phase, Pi Network launched its Open Mainnet on February 20, 2025.
what that means:
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Users can transfer, trade, and withdraw Pi coins.
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Pi is now live on multiple crypto exchanges.
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Mainnet coins are real and can have real-world value.
What Is Mainnet ?
A mainnet is the fully developed, live version of a blockchain where real transactions take place. It’s where a cryptocurrency becomes officially usable and has real-world value. Before launching a mainnet, most projects test on a testnet or closed network.
Pi was in “enclosed mainnet” mode from late 2021 until early 2025. During this time:
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Users could mine Pi but couldn’t trade or sell it.
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Everything was still being tested.
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Coins had no official market price.
Once the Open Mainnet launched, Pi became a “real” cryptocurrency.
Is Pi Coin Listed on Exchanges ?
After the open mainnet launch, multiple crypto exchanges listed Pi for trading .
Pi Coin is currently available on , OKX , Gate.io , Bitget , MEXC .
What’s the Price of Pi Coin in 2025?
Like all cryptocurrencies, Pi’s price is volatile and changes daily. These are the approx values .
| Date | Price (USD) |
|---|---|
| Feb 2025 (Launch) | ~$2.99 |
| March 2025 | ~$1.20 |
| May 2025 | ~$0.68 |
| July 2025 (Now) | ~$0.48–$0.50 |
Pi soared to $2.99 shortly after mainnet launch, fueled by speculation.
By early May 2025, it fell to around $0.58, then stabilized to about $0.48–$0.68
Current price: $0.488 with ~$3–5M daily trading volume .
Can You Buy Things with Pi Coin?
Yes—but in a limited way.
Some community marketplaces and apps now accept Pi Coin:
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Online stores run by Pi users
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Barter-style Pi apps
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Pi Mall (in development)
But real-world use is still very limited. It’s not like Bitcoin or Ethereum yet .
Future Of PI Coin ?
The future of Pi Coin is still uncertain but full of possibilities.
Positive Outlook.
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Mass Adoption
With over 60 million users, Pi has a huge user base. If even a small percentage starts using Pi for payments, it could become one of the most widely adopted cryptocurrencies. -
Real-World Utility
If developers build apps, games, or marketplaces using Pi, it can create demand and long-term value. -
Listings on Big Exchanges
If Pi gets listed on major platforms like Coinbase, Binance, or Kraken, it could lead to higher trust and better liquidity. -
Improved Decentralization
More community-run nodes and open-source development could increase Pi’s credibility and adoption.
Risks & Challenges.
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Lack of Transparency
Many details about Pi’s supply, tokenomics, and future plans are still unclear, which could scare off investors. -
Slow Rollout
KYC delays, wallet migration issues, and lack of speed may cause users to lose interest. -
pump and Dump Fears
A large wallet allegedly moved 12 million Pi coins in May 2025, leading to fears of insider manipulation. The core team claimed it was routine—but some users remain skeptical.
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Centralized Control
Despite being a “decentralized” project, the Pi Core Team still controls much of the infrastructure, app, and governance.
Legit Or Scam ?
Pi Network is one of the most ambitious crypto experiments in the world today. It aims to make crypto simple, mobile-friendly, and accessible to everyone.
It’s not a scam.
If you’re already mining Pi, keep doing it—it costs nothing.
If you’re considering buying or trading Pi, do your research and never invest more than you’re willing to lose.
Some experts view Pi Coin as a legitimate cryptocurrency with potential, citing its innovative approach to mobile mining and user-friendly interface . As with any cryptocurrency investment, it’s essential to approach Pi Coin with caution, conduct thorough research, and consider the potential risks and rewards before investing.
Pi Coin is real, traded, and inexpensive to mine. But it’s still early-stage, with significant transparency and usage challenges.Worth watching and mining but not without risk .