The cryptocurrency market in India is abuzz as Pi Coin, the native token of Pi Network, experiences significant price volatility following its highly anticipated Open Mainnet launch today. With over 110 million users globally and a strong foothold in India, Pi Network’s transition to a fully decentralized blockchain has sparked both excitement and caution among investors.
Price Volatility Post-Launch
As of today, Pi Coin is trading at ₹4,277.59 (approximately 51.50)
Mainnet Launch: A Turning Point
The Open Mainnet launch, which went live at 8:00 AM UTC, marks a pivotal moment for Pi Network. It enables verified users to transfer Pi coins to external wallets and trade them on major exchanges like OKX, Bitget, and Bitrue13. This move is expected to enhance liquidity and accessibility, potentially driving long-term value.
Market Sentiment and Predictions
Market experts are divided on Pi Coin’s future. Some predict a bullish surge, with prices potentially reaching 150−200 by the end of 2025, driven by exchange listings and real-world adoption111. Others remain cautious, citing regulatory uncertainties and the risk of mass sell-offs by early adopters29.
India’s Role in Pi Network’s Growth
India has emerged as a key player in Pi Network’s ecosystem, with millions of users mining Pi coins through the mobile app. The platform’s low-energy mining mechanism and promise of real-world utility have resonated strongly with Indian crypto enthusiasts12.
What’s Next for Pi Coin?
As Pi Network navigates its post-launch phase, all eyes are on its ability to sustain momentum. With plans to integrate decentralized applications (dApps) and expand into decentralized finance (DeFi), Pi Coin could redefine digital payments in India and beyond111.
For now, investors are advised to tread carefully, as the market remains highly speculative. The coming weeks will be crucial in determining whether Pi Coin becomes a mainstream financial asset or fades into obscurity.
Disclaimer: Cryptocurrency investments are subject to market risks. Readers are advised to conduct their own research before making any financial decisions.
