Top Pi Network Alternatives, Competitors (2024)

FAQs

Top Pi Network Alternatives, Competitors? ›

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.

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.

Pi Coin Price Prediction Summary

End of 2024 – Some experts believe that the Pi network token could be worth $58 by the end of 2024. End of 2025 – Should the Pi network ecosystem continue to expand, the token could be worth around $73 by 2025.

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.

According to our Pi Network price prediction, PI is forecasted to trade within a price range of $ 38.21 and $ 180.54 next year. Pi Network will increase by 374.75% and reach $ 180.54 if it reaches the higher value target for 2025.

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 Pi network is different from cryptocurrencies as it solely works on a mechanism known as “stellar consensus protocol”, which permits users to obtain advantages on their contribution to the network.

For those buying Pi, there are two reasons: one, reselling to Asians who use it to acquire actual products; second, to collect and hold until it becomes the next bitcoin. This was confirmed to TechCabal by Soft, a crypto trader who asked for his real name to be hidden due to privacy concerns.

Conclusion (Next Cryptocurrency to Explode in 2025)

While predicting which coins will 5X by 2025 is challenging, Ethereum, XRP, Cardano, Dogecoin, Toncoin, Shiba Inu, TRON, Cronos, and NEAR Protocol are among the top contenders with strong potential for explosive growth.

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.

Will Pi ever be launched? ›

There is a lot of anticipation among Pi network users, and, according to the Pi team, there is now an approximate date for the coin launch: March-June of 2024.

Since we are still on the confined Mainnet, Pi has not been launched on any exchange. Pi is expected to launch on June 28, 2026. As of right now, the only method to sell is to resell to investors who plan to hold until the mainnet launch in 2026.

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

Yes, Pi can beat bitcoin in number of users but not in value.

No, There is no any competition between Pi & Bitcoin. Value of Pi can never reach to Bitcoin. The main reason is that total Bitcoin supply is 21 million.

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.

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.

Step 1: If you're looking to buy Pi coins, you'll need some cryptocurrencies in your dedicated wallet. I'd suggest using MetaMask, together with a Ledger hardware wallet (for maximum security). You can purchase the required cryptocurrency on a major exchange platform, such as Binance, for fiat money.

Although it is still in the early phases of development, the team has plans to make it the default currency for all transactions once it is complete. It is important to understand that the coin of the Pi Network and the Pi Network DeFi token is not the same thing.