Pi Network (PI) Price, Market Cap, 24h Volume, Chart, and Project Overview

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Pi Network (PI) has emerged as one of the most talked-about cryptocurrencies in recent years, capturing global attention with its unique mobile-first mining model. As of the latest data, the current price of Pi Network (PI) stands at $0.4944**, with a **24-hour trading volume of $116,447,359. Over the past day, PI has seen a modest increase of 0.63%, reflecting steady market interest.

The cryptocurrency boasts a circulating supply of 6.31 billion PI, out of a maximum supply of 100 billion, resulting in a total supply of 92.94 billion and a circulation rate of 67.89%. This translates to a circulating market cap of approximately $3.12 billion, positioning PI as a mid-tier digital asset by valuation.

For those interested in exploring on-chain activity, the official Pi Network block explorer is available at:
blockexplorer.minepi.com

What Is Pi Network (PI)?

Pi Network (PI) is a decentralized digital currency designed to be accessible to everyday users through smartphone mining. Unlike traditional cryptocurrencies such as Bitcoin or Ethereum—whose mining requires expensive hardware and high energy consumption—Pi allows users to mine coins directly from their mobile devices without draining battery life or using excessive data.

At its core, Pi aims to democratize access to cryptocurrency by enabling community-driven security and distribution. Users contribute to network growth by verifying trust among peers via a Security Circle mechanism, helping build a decentralized web of trusted connections that secures the network.

This innovative approach makes Pi particularly appealing to non-technical users who want to participate in the crypto economy without needing specialized knowledge or equipment.

Key Features of Pi Network (PI)

🔹 Decentralized Architecture

Pi operates on a decentralized blockchain, ensuring transparency, immutability, and resistance to censorship. Transactions are verified by the community, not centralized institutions like banks or governments.

🔹 Mobile-First Design

Mining PI is optimized for smartphones. The app runs in the background and uses minimal resources, making it practical for daily use across diverse global markets—even in regions with limited internet access or older devices.

🔹 User and Environmentally Friendly

By leveraging a consensus algorithm called Stellar Consensus Protocol (SCP), Pi avoids the energy-intensive proof-of-work model used by Bitcoin. This results in significantly lower carbon emissions and makes large-scale adoption more sustainable.

Where to Buy Pi Network (PI)

While Pi began as a mobile mining project, it is now tradable on several major cryptocurrency exchanges. Investors looking to purchase PI can do so through both centralized exchanges (CEXs) and decentralized platforms (DEXs).

Popular exchanges supporting Pi Network trading include:

👉 Discover how to securely buy and store emerging cryptocurrencies like Pi Network today.

When trading on DEXs, always verify the official contract address to avoid scams or counterfeit tokens. Due diligence is essential—double-check coin symbols, logos, and smart contract details before any transaction.

Social Media & Community Engagement

Pi Network maintains an active presence across major social platforms, fostering strong community engagement and real-time updates from the core team:

These channels serve as vital hubs for announcements, technical discussions, and user support.

Frequently Asked Questions (FAQ)

Q: How much is 1 Pi Network (PI) worth in Chinese Yuan (CNY)?

A: At the current exchange rate of $0.4944, 1 PI ≈ 3.58 CNY. Note that this value fluctuates based on real-time market conditions and USD/CNY forex rates.

Q: What was Pi Network’s all-time high price?

A: Pi Network reached its highest recorded price of $339.92 on December 30, 2022. This peak was largely driven by speculative trading and early investor enthusiasm. Always review historical price trends responsibly and understand that past performance does not guarantee future results.

Q: Is Pi Network (PI) a good long-term investment?

A: Whether PI is suitable for long-term holding depends on your risk tolerance and belief in the project's vision. While Pi’s mobile mining model is innovative, it remains relatively new compared to established cryptocurrencies. Its long-term success hinges on continued adoption, ecosystem development, and mainnet maturity. As with any crypto asset, DYOR (Do Your Own Research) is critical.

Q: Can I short sell Pi Network (PI)?

A: Yes, short selling PI is possible on select platforms that offer margin trading or derivatives such as perpetual contracts. Exchanges like OKX, MEXC, Bitget, AscendEX, and DigiFinex support shorting mechanisms using USDT-margined or coin-margined futures.

👉 Learn how advanced trading strategies like shorting work—and how to manage risks effectively.

However, shorting carries significant risk due to volatility and potential for unlimited losses if the price rises unexpectedly. It should only be attempted by experienced traders with proper risk management.

Q: Which platform is best for buying Pi Network?

A: The best exchange depends on your location, preferred payment method, security needs, and trading features. Platforms like OKX offer robust liquidity, advanced charting tools, and strong security protocols—making them ideal for both beginners and experienced traders.

Final Thoughts: Should You Invest in Pi Network?

Pi Network represents a bold experiment in inclusive blockchain technology—one that prioritizes accessibility over complexity. By allowing users to mine cryptocurrency on their phones, it lowers barriers to entry and promotes financial inclusion worldwide.

However, investors must remain cautious. Despite its large user base, Pi’s ecosystem is still evolving. The project has not yet fully opened its open mainnet to unrestricted transactions, and regulatory scrutiny around novel mining models continues to grow.

Before investing:

And remember: while early adoption can yield rewards, crypto markets are inherently volatile.

👉 Stay ahead of market trends with real-time price tracking and secure trading tools.

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