Pi Network saw its value climb by 5.29% in just 24 hours, reaching $36.94. Trading volume surged to $58,058.85 USD in the same timeframe1. The market cap of Pi Network is still a mystery, sparking curiosity and hope for growth2.
With around 35 million users holding Pi wallets, it’s clear the network has huge potential3. This article will give you detailed insights into Pi Network’s value, looking at its past performance and short-term changes. You’ll learn what drives Pi’s value and how this information can help your trading decisions.
Key Takeaways
- Pi Network has seen a 5.29% increase in the last 24 hours, with its price reaching $36.941.
- The 24-hour trading volume stands at $58,058.85 USD1.
- There are currently approximately 35 million Pi wallet users3.
- Pi Network remains an exciting prospect with significant future growth potential2.
- Stay informed about Pi Network price trends and insights to make well-timed investment decisions.
Introduction to Pi Network
The Pi Network is changing the game by letting users mine crypto right from their phones. No fancy equipment needed. This cool way to mine has drawn over 60 million people worldwide to try out Pi’s mobile mining4.
It started off giving miners 1.61 Pi every hour. But as more people joined, the rate dropped to 0.2 Pi per hour5. Still, Pi Network remains popular because it’s easy to use and doesn’t eat up a lot of power.
Even though Pi isn’t yet up for trading on big crypto exchanges, it’s got a lot of people excited. Around 47 million users globally are part of this network6. Right now, Pi is all about building a strong ecosystem before hitting the market5.
Pi doesn’t just focus on its users. It also sets aside mining rewards to help its ecosystem grow (10%) and to make sure there’s enough Pi for trading (5%)6. The highest value of the Pi token hit $330.65, hinting at its big potential in the crypto world6.
Pi Network is truly pioneering in the crypto space. It makes getting into blockchain and cryptocurrency easy for more people through mobile mining.
Pi Network Price Overview
The current Pi Network price stands at $36.94 as of October 1, 2024. This is a 5.29% rise in the last day7. It shows how the Pi coin price today keeps changing8. Pi Network hit a record $330.65 and grew 14.38% this week1.
The Pi Network token price varies a lot. For example, its 24-hour trading volumes have been between $34.62 and $38.997
Here’s a detailed look at the recent price movements and variations of Pi Network:
| Metric | Data | Source |
|---|---|---|
| Current Pi Network Price | $36.94 | 1 |
| 24-Hour Trading Volume | $34.62 – $38.99 | 7 |
| Price Change (24-Hour) | 5.29% | 7 |
| Price Change (7-Day) | 14.38% | 1 |
| All-Time High Price | $330.65 | 1 |
Factors Affecting the Pi Network Price
The details that shift the Pi Network price prediction are key for anyone looking to invest. The mix includes market conditions, tech progress, and big economic factors. These elements work with trading volume and how people feel about the market to shape Pi Network’s price path.
Trading Volume
The amount of daily trading for Pi Network is $155,775. This shows that traders are very active across different platforms9. Trading volume shines a light on liquidity and how busy the market is, which then influences Pi coin’s price changes and market size. More trading can mean more ups and downs, offering chances and challenges for investors.
Market Sentiment
How people feel about the market greatly affects Pi Network’s price forecasts. Currently, over 55 million users mine Pi coin, with more than 10 million passing KYC checks by April 202410. Plus, Pi Network’s fear and greed index is at 79, showing a lot of investor greed11. Moves driven by sentiment can change prices quickly, showing the importance of being ready and informed for trading plans.
Understanding how these factors mix together helps in seeing Pi Network’s price predictions and market size in different conditions. This knowledge can be very helpful for your investment approach.
Pi Network Price History
The history of Pi Network’s price shows ups and downs. For example, it once reached a high of $37.78 and dipped to $29.5512. Over periods of 30, 60, and 90 days, the price saw changes. These were +4.12%, -1.38%, and -3.56% respectively1.
In September 2024, the price of Pi Network varied a lot. On the last day of September, it ranged from $32.93 to $37.7812. On the first day, it was between $34.64 and $35.7212. And on September 5, it moved from $31.68 to $33.1412, showing how its price changes over time.
Recently, the latest price of Pi coin was $36.29, an 8.45% rise in just 24 hours8. Currently, Pi’s live price is $36.94, up by 5.29% in the past day1. These numbers highlight the changing nature of Pi Network’s price in the market.
| Time Period | Price Change (%) | Recorded Price Range (USD) |
|---|---|---|
| Last 24 Hours | +5.29% | $36.29 – $36.94 |
| 30 Days Ago | +4.12% | $1.460704 (historical) |
| 60 Days Ago | -1.38% | $-0.518413 (historical) |
| 90 Days Ago | -3.56% | $-1.361772 (historical) |
All-Time High and Lows
The Pi Network has seen a lot of ups and downs. It hit a high of $330.652, and another peak at $299.20 on Dec 30, 20221. Its lowest point was on May 12, 2023, at $17.041. These changes highlight the network’s volatile journey, showing its trading potential.
Price changes over time show unique trends. The Pi Network dropped 88% from its top price2. But, it also went up by +0.39% in an hour and +5.29% in one day1. This mix of short-term ups and downs indicates a lively market full of chances and risks.
“The Pi Network price grew by 11% last year, proving its potential amid a 3.87% volatility rate2. The yearly growth averaged 156.96% over three years, with the fourth quarter being the strongest2.”
The trading volume of the Pi Network gives us clues about the market. It’s at $10.94 million in 24 hours2. The price has fluctuated between $38.99 and $34.62 in a day1, showing the range of its value movements.
The Pi Network’s fluctuating trends keep it in the spotlight for future growth. It’s expected to join trading platforms once its open mainnet launches2. For the latest on promising cryptocurrencies, take a look at these recommended resources.
Pi Network Price Predictions
The Pi Network price forecast shows us what to expect for Pi’s value ahead. Experts note that Pi’s price has been up and down. It soared to $100 in March 2024 but then fell to $30-$40. This shows how people feel different about it. For September 2024, prices might be from $28 to $40, showing careful optimism13. By October 2024, we could see prices go up slightly, reaching between $30 and $4513.
Looking towards the end of 2024, Pi’s value might keep rising. Predictions for November are between $32 and $48. December could even hit $5013. The long-term outlook is more positive. By 2026, prices could be from $108.37 to $131.11, with an average of $128.36. This means analysts are pretty hopeful14. For 2025, prices may vary between $60 and $80 and could spike to $100 if things go well13.
Pi Network price trends show cycles of stability and certain price levels acting as barriers. These are around $30 and $40. This backs up the analysis of Pi Network prices15. By 2030, the value of Pi could greatly increase, possibly reaching up to $267.35, with a minimum around $248.9914.
Looking far ahead, by 2050, Pi might be priced between $1000 and $2000, averaging $160015. By 2033, Pi could be worth at least $692.05, and maybe up to $716.8014. The Pi Network keeps growing with over 35 million users mining and keeping the network safe. This growth supports these optimistic forecasts15.
Pi Network Price Chart Analysis
It’s essential to understand the Pi Network price chart. This knowledge helps us grasp how Pi Network trading analysis works and predict how things will go in the future. We will look at both the short-term and long-term trends that affect the market.
Short-Term Trends
Recently, the Pi Network has seen promising short-term trends. It increased by +8.77% in 24 hours and +18.66% in 7 days16. Over the last 30 days, it went up by +5.77%, showing a steady climb16. For October 8, 2024, it’s predicted to trade between $36.02 and $53.7717. The 50-Day Simple Moving Average (SMA) places Pi Network at around $33.83. This indicates it might be a good time for short-term traders to buy17. These patterns suggest a positive outlook for those looking to profit from short-term price changes.
Long-Term Trends
Looking at the long-term, Pi Network shows strong growth. Yearly, it has increased by 156.96%, often peaking in Q4. For 2025, prices might range from $36.02 to $172.23, hinting at a significant rise17. By 2030, it’s expected to value between $93.07 and $150.91, showing a positive trend17. By October 31, 2024, the 200-Day SMA could reach $42.44, suggesting a gradual increase in price17. These trends offer a full picture of what to expect from Pi Network, making it attractive for long-term investment.
For more details, the Pi Network price prediction FAQ and in-depth trading analysis are available here16.
Pi Network Price: Current Performance
The Pi Network’s price is now about $36. This shows the recent changes in its market18. In the past day, its trading volume hit $10.94 million, rising 11% over the year. Yet, it beats only 28% of others in its field18. These facts help investors understand Pi Network’s status and its market moves.
After launching in March 2019, Pi Network quickly got over 100,000 users. By the next year, it had grown to 3.5 million users with the start of Phase 219. By 2025, it’s thought that its price could be between $100 to $20018. These guesses show how its market acts and trading can shape its future prices.
Let’s dive deeper into Pi Network’s market action right now:
| Aspect | Details |
|---|---|
| Current Price | $3618 |
| 24-Hour Trading Volume | $10.94M18 |
| Annual Increase | 11%18 |
| % Outperforming Market | 28%18 |
The Pi coin saw a huge jump, going up by 461.3%. It moved from $44.03 to $232.97 in just 24 hours because of a surprise listing by Huobi Global on December 29, 202219. This shows how trading and surprise events can change Pi Network’s price. Watching its trading volume is key to guessing its future in the digital money world.
How to Buy and Trade Pi Network
Learning to buy Pi Network and trade it well is crucial for interested folks. This guide will show you how to start on Pi Network’s exchanges and make the most of your trades.
Buying Pi Network
Right now, getting Pi coins isn’t as easy as other cryptocurrencies. They’re mostly available as IOUs on big platforms like Huobi and Bitmart. The average price is about $34.50, with a 15.4% drop in three months20. Currently, Pi Network is active on three crypto exchanges. It has a trading volume of $10.96 million in the last day21.
To buy Pi Network, start by creating an account on any of those platforms. Typically, you’ll need to verify your ID and set up some security steps.
Trading Pi Network
Once you’ve got your Pi coins, trading them is your next move. CoinW is tops for trading, offering the popular PI/USDT pair. It touched a trading volume of $10.90M21. Though trading volume dropped from last year, it went up by 6.46% in the last 24 hours21.
Pi Network coins can’t be traded on decentralized exchanges (DEXs), just on centralized ones22. This makes picking trusted Pi Network exchange platforms key. CoinW, Huobi, and Bitmart are good picks. Stay up-to-date on market moves to trade smart.
Wrapping up, to buy Pi Network and trade Pi Network well, watch the market closely. Use solid platforms for a smoother trading journey.
The Future of Pi Network
When we dive into the future of Pi Network, we see key factors that influence its path. The price of Pi coin is around $36.86 now. Experts think it might rise to $119.40, a huge increase of 231.53%17.
Pi Network has a large community, with over 60 million users. Out of these, 13 million have passed the KYC step23. This shows a lot of people believe in and engage with Pi Network’s technology.
The roadmap for Pi Network is exciting. It plans to link the Pi token to many exchanges. This will allow Pi token trading on different platforms through a swap feature, coming in Phase 3 rollout23.
Pi Network’s blockchain is strong and flexible. To keep its value stable, 80% of mined Pi is locked for three years. The rest, 20%, goes to the team for development23. The market sentiment is neutral at 50, showing a balanced view17.
There’s a positive outlook for Pi Network. Prices might hit between $55 and $70 by the end of 2024. They could even pass $200 by 2025 if more people adopt it23. Its technology uses an algorithm based on the Stellar Consensus Protocol (SCP). This creates four user roles: Pioneers, Contributors, Ambassadors, and Nodes24.
Pi Network stands on a strong foundation for growth. Market trends show investor confidence is high17. Going forward, its success will depend on its ability to stay innovative in the blockchain world.
Conclusion
Pi Network has become a big player in crypto by making it easy for everyone to join. It’s on its way to becoming fully open, which will make it even more accessible. This move could make Pi Network a key player in the future of digital money.
Many factors are shaping Pi Network’s growth, including its rising price and large number of users. With a current price of $36.86 and a projected rise to $119.40 by October 202417, people are excited about its future. The technology behind Pi Network is designed to be both efficient and user-friendly, attracting over 55 million miners10. This shows it has a large and active community.
Looking forward, the prospects for Pi cryptocurrency are bright. By the end of 2024, it’s expected to be worth between $35.97 and $6510. This reflects its potential for growth as it matures. For those interested in the cryptocurrency market, Pi Network offers a unique investment opportunity as it continues to develop.
