Pi Network - 510 Competitors and alternatives in May 2024 - Tracxn (2024)

FAQs

Who are the competitors of Pi Network? ›

Overall, if you're seeking alternatives to Pi Network for free crypto mining in 2023, platforms like Avive World, Bee Network, Omega Network, Sidrabank, Eagle Network, ICE Network, and Star Network offer intriguing opportunities.

What is the Pi Network price prediction for 2024? Pi Network is forecasted to trade within a range of $ 41.15 and $ 194.55. If it reaches the upper price target, PI could increase by 358.67% and reach $ 194.55.

Pi Coin can hit the target of $1000 in 2040. Pi Coin can reach $2,623.18 in 2050. Pi Network is one of the most popular crypto projects in the market. If you're finding the Pi Network price prediction or looking at the potential of the Pi Token, this analysis can be helpful.

Unfortunately, as of today, December 23, 2023, you cannot directly sell Pi Network coins in India or anywhere else. The Pi Network is still in its early stages, and the mainnet hasn't launched yet. This means Pi coins haven't been listed on any official cryptocurrency exchanges.

As part of the this goal, the Pi Network DeFi protocol has an automatic dividend mechanism that distributes 1% USDT to the community, derived from token transaction fees. Pi Network DeFi's cryptocurrency, Pi, is supported on the Binance blockchain, making Pi tokens directly tradeable with other BEP-20 tokens.

As of early 2024, the Pi coin is an unlisted token that is basically worthless.

Unlike Bitcoin, Pi Network is still in its early stages and being tested. The Pi Network represents a shift in crypto mining and participation. It brings a new consensus method called “Proof of Mining,” allowing users to mine Pi coins right from their phones.

Risk tolerance: If you prefer established platforms, Pi Network might be better. If you're comfortable with newer ventures, Ice Network offers potential for faster growth. Focus on decentralization: If you value user control and transparency, Ice Network's DAO structure might be more appealing.

The maximum price of Pi Coin can be around $194.31 in 2024. Pi Coin can reach the maximum price level of $253.16 in 2025. The average price of Pi Coin can reach around $539.88 in 2030. Pi Coin can hit the target of $1000 in 2040.

How to cash out pi? ›

Pi Network itself does not currently offer any way to withdraw Pi except for a pilot program on their partner platform, Pi Chain Mall (PCM). Here's a breakdown of the current situation: Official Withdrawals (Limited): PCM launched a limited Pi withdrawal feature in February 2024.

By the end of 2024, the Pi price is projected to reach $44.5, with a cumulative ROI of +6.90%. In 2040, the price of Pi is expected to rise by +10.00%. By the end of 2040, the Pi price is projected to reach $191.27, with a cumulative ROI of +359.50%. In 2050, the Pi price is expected to rise by +15.00%.

The Pi Network is in the transition stage from Testnet to Mainnet. The Pi Network is planning to move into the Open Network phase of Mainnet in 2024, but a specific transition date has not been set yet. The Pi coin will become available for public sale when the transition is completed.

Pi Network's future value is impossible to forecast because the cost of any cryptocurrency is determined by market factors like supply and demand.

Pi coin value will be near 68$ in 2024, and it will fluctuate, but it will eventually gain more value. In 2026, it could be close to $405. This is also determined by the market. The Pi coin is expected to be worth $2 in 2023, and the Pi network is expected to be worth $11 or $14 by the end of 2023.

Pi Coin Price Prediction 2024

If that happens, we will finally see its real value — and many experts expect it to be below $1. According to our assumption that Pi's price will follow the same trends that many other altcoins do, this cryptocurrency will have a rally shortly after its listing.

Pi Network is in the enclosed main net stage and can't be transferred out of official pi Wallets at the moment. It can't be exchanged for other cryptos, or fiat currency at this point. There is no consensus on the price. I assure you that what your seeing isn't real pi.

Currently, Pi rank on the market is #2120. Pi price today is 88.26% below all time high, and it is 21,547.86% above all time low. All data and prices are updated in real-time. The most active and popular exchanges for buying or selling PI are Binance, Kucoin & Kraken.

Unlike Bitcoin, Pi Network is still in its early stages and being tested. The Pi Network represents a shift in crypto mining and participation. It brings a new consensus method called “Proof of Mining,” allowing users to mine Pi coins right from their phones.