The much-anticipated launch of Pi Network Coin has sent shockwaves through the cryptocurrency market. Touted as the first digital currency that can be mined on mobile phones, Pi Coin officially went live on February 20, 2025, with its Open Mainnet launch marking the end of its enclosed phase that began in December 2021.
However, within 24 hours of listing, Pi Coin’s price has plummeted by more than 70%, leaving investors in turmoil.
Pi Coin’s Volatile Debut
Pi Coin debuted on major crypto exchanges with an initial surge past $2, but the euphoria was short-lived. Within hours, the price dropped to around $0.78, marking a significant decline. Analysts attribute this extreme volatility to early adopters cashing out their holdings, creating massive selling pressure in the market.
Despite the price crash, Pi Network’s backers remain optimistic, citing the long-term vision of the project and its potential for mainstream adoption.
Should Investors Buy Pi Coin? Expert Opinions
Industry experts have weighed in on Pi Coin’s sudden price movement and what investors should consider before making a decision.
Regulatory Uncertainty and Exchange Support
According to Sathvik Vishwanath, CEO of Unocoin, one of the key concerns for investors is the regulatory environment. Crypto regulations, especially in India, remain unclear, and any sudden policy shifts could impact trading and liquidity.
Additionally, while Pi Coin has been listed on some notable crypto exchanges, it has yet to be added to major platforms like Binance, which limits its global accessibility and adoption.
Project Viability and Long-Term Prospects
Thangpandi Durai, CEO of Koinpark, highlighted the importance of evaluating Pi Coin’s fundamentals before investing. He noted that Pi Network was founded by Stanford Ph.D. graduates Nicolas Kokkalis and Chengdiao Fan, with a vision to make crypto mining energy-efficient and accessible.
"The long-term success of Pi Coin depends on ecosystem adoption, governance, security, and real-world utility. Before investing, it’s crucial to assess its project roadmap, liquidity, and tokenomics," Durai stated.
Pi Network’s Vision: A New Era of Crypto Mining?
Unlike traditional cryptocurrencies like Bitcoin, which require high-powered mining rigs, Pi Coin allows users to mine directly from their smartphones without consuming excessive energy. The project aims to build a decentralized financial ecosystem where Pi can be used for peer-to-peer transactions, merchant payments, and DeFi applications.
Despite the ambitious roadmap, investors remain divided on whether Pi Coin can sustain long-term growth or if the current hype will fade.
What Should Investors Do Now?
For those considering investing in Pi Coin, experts advise:
- Proceed with caution due to extreme price volatility
- Monitor regulatory updates, especially in regions like India
- Wait for broader exchange listings before making large investments
- Assess the project’s long-term utility and adoption rather than short-term speculation
Final Thoughts
While Pi Coin’s launch has been met with excitement and skepticism, its future remains uncertain. Investors should conduct thorough research, manage risks carefully, and stay updated on regulatory and market developments before making any investment decisions.
