Pi Network Prediction: Pi coin set to make 1000 millionaires in 2023
The Pi project is not only a device for mining digital currency. It is a prototype of a network of interconnected services that can execute transactions in under eight seconds.
The Pi browser software also enables testing and installation of decentralized third-party applications by developers, although the majority of the cryptocurrency community is suspicious due to worries that it might be a scam given the delay in the mainnet debut.
In contrast to other mining tools, the Pi software doesn’t drain phone batteries and is environmentally friendly. The current hackathon and others that have already been held demonstrate that the project is far from being a fraud. Despite the suspicion, the pi network has certain noteworthy qualities that demonstrate its reliability. Pioneers are now hopeful that they will be able to trade their mined Coin on controlled exchanges once the mainnet is enabled.
Pi Price Prediction for 2023
Keep in mind that the Pi network cannot yet be accessed over the mainnet. As the Core Team disassociated themselves from the listing of the Coin’s IOU between December and January of this year, it suggests that no trustworthy cryptocurrency exchange will provide the Pi coin a fair price due to the fact that it is not yet officially listed on Exchanges.
The smartphone mineable coin will soon be made available to the general public and its price will be accurately tracked across all exchanges after the firewall restrictions in the confined mainnet are removed and the open network goes operational.
Price predictions suggest that Pi could trade in the $13–$19 range in November 2023. The value of these activities is unlikely to generate much money for the big user base.
The blockchain project has experienced broad adoption, even though the Pi network is still under construction. In June 2019 there were over 100,000 active users of the protocol, and by May 2020 there were over 29 million. The Pi network now has more than 45 million users.
If numerous shops and businesses accepted Pi currency as a form of payment, its value would most likely reach $50 on a moderate scale. A more bullish Pi coin price prediction suggests that the mineable token might reach $100 by the end of 2024.