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Thursday, 22 May 2025

Pi Coin Enters Crypto World! Can This Digital Currency Compete with Bitcoin?

 


PiCoin, PiNetwork, Web3, Blockchain

 Synopsis:

Pi Network, a Web3 blockchain project, has officially launched its Open Network, allowing users to trade Pi Coin on major exchanges like Binance and OKX. Created by Stanford Ph.Ds, Pi enables easy mobile mining without expensive equipment. With over 110 million downloads, its listing marks a crucial milestone. As the crypto market watches Pi’s next moves, its success will depend on adoption, utility, and integration into the broader financial ecosystem.

  • Mobile-Friendly: Designed for easy use on mobile phones.
  • Launch Date: Pi Coin officially started trading on February 20, 2025.
  • Top Trend: Became the most talked-about cryptocurrency on CoinMarketCap.
  • Investor Interest: A Binance poll showed that 85% of users want Pi Coin listed.
  • Exchange Listings: Now available for buying and selling on major crypto platforms.
  • Growing Hype: Despite volatility, Pi Coin continues to attract global attention.

Pi Network is a new type of cryptocurrency, online trading, that many people around the world are excited about. It is being made very easy to use on mobile phones. The special coin of this network, called Pi Coin, started working on February 20, 2025. Now, it can be bought and sold on big cryptocurrency websites.

Pi Network (PI) is now officially ready for trading on February 20, 2025, after years of waiting. The coin initially shot up to USD1.84 but quickly dropped to USD0.64 as many investors rushed to sell. By February 21, its price had fallen 62.63 percent to USD0.737, a big drop from its high of USD1.97 when it first hit exchanges.

 Despite the previous fall, Pi  Coin made a strong comeback. Within just 24 hours, the coin’s value surged by 97 percent, making it the most talked-about cryptocurrency on CoinMarketCap. A poll on Binance showed that 85 percent of users wanted Pi to be listed, further boosting excitement.

 What is Pi Network?

Pi Network is a Web3 blockchain project that allows users to mine cryptocurrency using their smartphones. No expensive equipment is needed. It was created in 2019 by Stanford Ph. D. Nicolas Kokkalis and Chengdiao Fan. Unlike Bitcoin, which requires powerful computers, Pi can be earned by simply opening the app and tapping a button once a day.

 According to the official Pi Network website, the project has built a massive community of people mining Pi to develop a Web3-based ecosystem. The network also uses a special mining system that consumes very little energy and has a strong KYC verification process to prevent fraud.

 Why Was Pi’s Listing So Important?

 Millions of Pi users had been waiting for this moment for years. After a two-year delay, they were finally able to move their mined Pi Coins from a test version to the real blockchain (mainnet). As of February 2025, Pi Network had been downloaded over 110 million times, with 5,40,000 new users joining on February 17 alone.

 The listing on big exchanges like Binance, CoinDCX, OKX, and Bitget meant that users could now sell their Pi Coins for the first time. Ahead of the launch, Pi Network posted on X:

 "One day left before Open Network’s launch at 8 a.m. UTC on February 20, 2025! The transition to an Open Network will enable external connectivity on the Mainnet blockchain, allowing Pi to interface with other compliant networks and systems. This means Pioneers will be able to engage in transactions beyond the Pi ecosystem, expanding Pi’s utility and reach."

 How to Mine Pi Coin on Your Phone

  • Mining Pi is easy and requires no special hardware. Here is how to do it:
  • Download and install the Pi Network app.
  • Tap the lightning bolt icon once a day to start mining.
  • After three days, add 3 to 5 trusted contacts to increase your mining rate.
  • Refer friends to boost earnings even more.
  • How to Buy Pi Coin
  • Now that Pi is officially listed, you can buy it by following these steps:
  • Download a crypto exchange app like CoinDCX, OKX, or Bitget.
  • Complete the KYC (Know Your Customer) verification process.
  • Add funds to your exchange wallet and purchase Pi Coin.

 Bitcoin vs Pi Coin 

 Bitcoin and Pi Coin are like magic money online. But they are not the same!

 Bitcoin is very special because there are only a few Like 21 million little coins. No more can be made! But Pi Coin has so many, and no one knows how many there will be!

 Because Bitcoin is rare, people keep it safe like treasure. Big computers help it work.

 But it can never be more special than Bitcoin because there are too many Pi coins.

Will Binance Add Pi Coin?

 Binance is a big place where people buy and sell digital money, called cryptocurrency. Many people want Binance to add Pi Coin so they can trade it there. Pi Coin is very popular, even though some people have questions about it.

 Binance was not sure about adding Pi Coin, so they asked people what they thought. Most people said they want it. Right now, Binance has not added Pi Coin, but a new way of adding coins might help in the future.

 Even though Pi Coin is not on Binance, it is still very valuable. Right now, one Pi Coin costs $1.782, which is 5.94% less than yesterday. Some experts think that if Binance adds Pi Coin, its price could go up to $100 and make it one of the top 10 most valuable digital coins.

 What’s Next for Pi Coin?

 If Pi Network creates real-world uses for its coin, its price could rise above USD500 by 2030. While this is just a prediction, Pi’s fast-growing user base and strong community support make it a serious player in the crypto world.

Bitcoin and Ethereum: The Bigger Picture

 The overall crypto market is also looking strong. Bitcoin recently hit USD98,000 and could move between USD98,000 and USD102,000 before climbing higher, according to CoinSwitch Markets Desk. Meanwhile, Ethereum is struggling to break past the USD 3,000 mark and is hovering around USD 2,800.

 Pi Network’s fast rise has generated a lot of excitement, but its future will depend on how well it integrates into the larger financial system. With over 60 million registered users and growing support from major exchanges, the coming weeks will show whether Pi can hold its momentum or if it's just another hype-driven surge.

 To encourage more adoption, exchanges like Bitget and BitMart are offering special promotions, including a USD60,000 Pi airdrop pool and a USD3,000 USDT giveaway for select users.

 In India, Pi Network has crossed 10-cr downloads on the Google Play Store, proving its strong popularity in the country. As the project continues to develop, all eyes are on whether Pi  Coin can set itself as a valuable cryptocurrency for real-world use.

Can Pi Coin Become More Valuable in the Future?

 Pi Coin is getting a lot of attention, and its future depends on how useful it becomes. Right now, people can mine it easily on their phones, and it has millions of users. If people can use Pi Coin to buy things, its price might grow a lot. It is being predicted that it may reach $500 by 2030! But for that to happen, big businesses and stores must start using it. If more people trust and trade Pi Coin, it could become a strong cryptocurrency like Bitcoin. But if not, its price may stay low or fall.

Pi Network’s Future: What Lies Ahead?

The launch of Pi Network’s Open Network is a big step forward in the world of cryptocurrency. It has made mining easier for everyone and attracted users from all over the world. Despite some early ups and downs in price, Pi Coin has become very popular, especially with its recent listing on major exchanges. Many investors are hopeful about its future value, but its long-term success will depend on how well it is used in real life and how widely people accept it. As Pi Network grows, its real challenge will be proving itself as a useful and trusted cryptocurrency in the market.

Mine Crypto on Your Phone Easily with Pi Network

You can now earn cryptocurrency right from your phone thanks to Pi Network, without spending on costly equipment or draining your battery. A group of Stanford graduates launched Pi in 2019, giving users the chance to mine coins simply by opening the app every day and inviting trusted friends to secure the network.

Pi sets itself apart from Bitcoin by using far less energy. Instead of Bitcoin’s energy-heavy system, Pi relies on the Stellar Consensus Protocol. It is a faster, eco-friendly method that welcomes everyone. Since introducing its blockchain in 2021, Pi has also added identity verification for users who want to transfer their coins, giving the platform an extra layer of security.

As the cryptocurrency space shifts toward greener and more user-friendly solutions, Pi Network stands out. It offers a simple and sustainable way for anyone to step into the world of digital currency.

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