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Pi Network Coin Launch: The all-new Pi Network coin launched and it hit the cryptocurrency market on Thursday, February 20. It is the first-ever digital currency that can be mined on a smartphone. On February 20, 2025, at 08:00 AM UTC, the Open Mainnet went live and it ended with enclosing mainnet phase of the network that has existed since December 2021. This shift will allow Pi Coin to be traded on various crypto exchanges, which will definitely benefit millions of users worldwide.
According to reports, more than 10 million users can now migrate their mined Pi Coins from the testnet to the mainnet, and this marks the beginning of Pi Coin to a tradable asset in the global cryptocurrency market. With the launch of Mainnet today, the Pi Network Coin is live and is listed on seven major crypto exchange platforms, which includes OKX, Gate.io, Bitget, and CoinDCX. Like any other cryptocurrency, users can now buy, sell, and trade Pi Coin.
Till now Pi Network has crossed 110 million installations, with an average of 110,000 new downloads per day. On 17th February, more than 540,000 new users joined the network. Currently, the app ranks #4 in the Social category on the Google Play Store, following Facebook and Instagram.
What Is Pi Network Coin
Pi Network is a community of users who mines Pi cryptocurrency to use and build the Web3 app ecosystem. With the help of Stanford graduates, in 2019, the mobile-first crypto-mining project started which mainly focuses on making currency accessible to users without any specialised hardware or technical expertise. While mining Bitcoin requires expensive mining equipment, but Pi can be earned by verifying daily presence on the app.
Currently the Pi Coin lacks a definitive market value and is not yet tradable on major exchanges, so trading with Pi Coin on a long-term basis is uncertain. The mining process rewards different types of contributions. The network pioneers earn the base rewards for daily check-ins, additional amounts for growing their trusted circles, and the bonuses for running full nodes on computers. More than this the network also motivate app usage and Pi lockups to support the ecosystem development.
Also Read: Kanye West Turned Down A US$2m Fraud Crypto Project, Plans To Launch Own Cryptocurrency
How To Buy And Trade The Pi Coin?
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- Download App; At first download and install the Pi network mobile app.
- Start Mining: Then start mining by tapping the lightning bolt icon. After tapping you will start begin earning Pi Coins.
- Build Security Circle: Add 3-5 trusted contacts after three days to boost your mining rate.
- Refer Friends: Share your referral code with your friends to increase your earnings.
- App Engagement: Try to participate in-app features such as chats and polls.
- Understanding The Roles: Learn more about Pioneer, Contributor, and Ambassador roles to maximize your earnings.
Pi Coin Price Today, And Predictions
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According to Coingecko, on 20th February, PI Network was trading at $0.91 at 8:50 PM. The crypto has a 24-hour trading volume of $811,776,373 and a fully diluted valuation of $8,915,226,652. Adding this, the all-new cryptocurrency coin continues to trade under $1 after reaching its all-time high of $1.97 at 2:25 PM.
On 21st February, PI Network was trading at $0.6679 at 8:00 PM. The crypto has a 24-hour trading volume of $667,327,648 and a fully diluted valuation of $6,508,294,771.
Will Binance List Pi Coin?
Recently, Binance has launched a community vote to decide whether PI should be listed on the exchange or not. So far, 85% of voters are in favor of it.
If Binance lists PI, analysts predict the token’s price could climb to at least $2.60.
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