The Pi Network, a pioneering cryptocurrency project aimed at making digital currency accessible to everyone, has captured the attention worldwide after its mainnet announcement.
What is Pi Network?
Launched in 2019, Pi Network is a cryptocurrency project designed to make digital currency accessible to everyday people by enabling mining through mobile devices, requiring no technical knowledge or initial investment.
Pi Network Latest Price Update
After multiple delays, the wait is finally coming to an end – Pi Network’s open mainnet is officially launching February 20th. Following that, $PI has been listed on major exchanges including OKX, Bitget, Bitrue, HTX, and BitMart.
PI was officially listed with an opening price of $2. In fact, PI’s all-time high since listing reached $2.2. At the time of writing, $PI is standing at $0.66.
Source: CoinGecko
Pioneers Celebrate a Milestone Moment
Pi Network has distinguished itself by allowing users to mine coins directly from their mobile devices without the energy-intensive processes associated with traditional cryptocurrencies like Bitcoin. With a growing community of over 50 million registered Pioneers worldwide and for long-time Pioneers, this price surge is a rewarding moment.
However, experts caution that volatility remains a factor. While Pi’s price has risen 45% since January 2025, market fluctuations are expected as regulatory frameworks evolve and competition in the crypto space intensifies.
Outlook for $PI: A Case Study from $TRUMP
When Donald Trump took office and launched $TRUMP coin on January 17, 2025, this memecoin attracted a massive influx of F0 – people new to crypto or with little experience. This led to a dramatic spike in trading volume, pushing $TRUMP’s price from under $10 to a peak of $73.43 within days.
Source: CoinGecko
Similarly, $PI attracts F0 onboarded through its free mobile mining model with no technical knowledge or initial investment required. Pi Network boasts a user base with more than 110 million installations, with an average of 110,000 new downloads daily.
However, Trump controls 80% of the supply through affiliated companies (CIC Digital and Fight Fight Fight LLC) according to Forbes, enabling an initial price surge fueled by heavy speculative capital. However, Pi lacks high-profile figures like Trump directly backing it, so its momentum might be slower and less immediate.
But since the $PI community is getting hype worldwide after mainnet launch, is there any potential for $PI to replicate $TRUMP historical rise?
