what's pi network?
Pi Network is a mobile-first cryptocurrency project designed to make digital asset mining accessible to everyday users through a lightweight mobile app that mines Pi coins without significant battery drain. It emphasizes community building with tens of millions of users forming a global network of Pioneers. Key features include KYC verification for real human participation, a secure Pi Wallet, and the Pi App Studio platform enabling developers to create and deploy Web3 applications. The project is advancing toward full mainnet with enclosed networking for peer-to-peer transactions and recent testnet launches of DeFi tools like DEX, AMM, and token creation. Pi aims to power an inclusive ecosystem for everyday commerce and decentralized finance.
2025 airdrop distributed $1,200 per eligible participant.
Launched token on Solana.
conducted an airdrop in 2025 that distributed $1,200 in value per eligible participant
A trader publicly labels the project as part of "scam pump" shorts, indicating active trading as a pump and dump scheme.
The project is explicitly called a "straight up scam" in a public warning about dangerous crypto projects.
Ranks #4 among most bullish crypto projects by sentiment with 86.6% bullish rating.
Pi Network reached 60 million users milestone.
CoinGecko shows FDV at $3B while CoinMarketCap shows $25B, an 8x discrepancy between major data aggregators that highlights unclear tokenomics.
Ranks #5 among top 10 most bullish projects by sentiment with 91.6% bullish rating.
Ranks #5 in the top 10 crypto projects with the highest trading volume increases this week.
Ranks #3 among top daily crypto gainers on November 20, 2025, per CoinMarketCap.
A warning thread alleges that 83% of the token supply is controlled by the team and that KYC is required for transactions, claiming the project operates as a Ponzi/MLM scheme despite claims of decentralization.
Call centers in Asia conduct aggressive marketing campaigns, contacting users to teach them how to download the app and promising they can earn money daily just by having it installed on their phones.
Integration with OpenMind enables Pi node operators to contribute idle compute power for AI robotics workloads.
Pi Network rolls out v23 smart contract upgrade in November, adding DEX and liquidity pool functionality.
Pi Core Team invests an undisclosed amount in openmind_agi, a blockchain infrastructure project.
Pi Network ranks #1 among top daily crypto gainers on October 29, 2025 per CoinMarketCap data.
Pi Network adopts ISO 20022 standard alongside established payment blockchains Ripple and Stellar.
Ranks 5th among top weekly crypto gainers for October 20-27, 2025 per CoinMarketCap data.
Pi Network ranks #4 on CoinMarketCap's most bullish projects list alongside major cryptocurrencies including Kaspa, Aero, XRP, TAO, Solana, Chainlink, HBAR, SUI, and FLOKI.
210 apps are currently live with 23,000+ additional apps in development within Pi Studio.
Pi Core Team participates as partner in TOKEN2049 Origins Hackathon, co-sponsoring $100k in prizes alongside major crypto projects including Polkadot, EigenLayer, and Alchemy for 40 competing teams.
DEX and AMM deployed on testnet, enabling DeFi innovation testing.
New token unlock event confirmed for September 6, 2025.
Token price crashes 24% to $0.35 within 48 hours amid accelerating 30-day decline of nearly 30%.
Unknown whale accumulates 331 million tokens, indicating large-scale institutional interest.
Whale accumulates 331M tokens ($148.5M), signaling possible strategic buyback.
Platform records 8,000 new dApp launches following AI tool release, indicating strong initial developer adoption.
Token unlock triggers 20% price drop as whales initiate selling pressure.
Platform introduces AI no-code tools and staking-based app promotion system.
Token drops 13.16% in 24 hours, ranking among biggest daily crypto losers amid continued technical challenges.
New PI/USD trading pair launches with 100x leverage and liquidity pool rewards.
Mainnet migration experiences widespread technical failures affecting core platform functions and user assets.
Token maintains $7B fully diluted valuation despite mounting scam allegations.
Retail adoption shows concerning signs with unrealistic price targets ($300) and phone-based mining schemes, indicating potential scam characteristics.
Perpetual futures trading launches on Kraken Pro with 20x leverage and 40+ collateral options.
Analyst warns of potential rug pull, calling it the biggest of 2025 amid continued price decline.
Token achieves #2 position among daily crypto gainers, marking significant reversal from previous week's downward trend.
Price drop follows underwhelming ecosystem fund announcement and limited AI integration roadmap.
Token price decline has worsened to -29% and is now the largest weekly loss on CoinGecko.
Token price drops 16.66% in 24 hours, ranking among top crypto losers.
$100M strategic capital raise announced to fund utility-driven innovation.
Mainnet goes live with 55M users; team presents updates at Consensus 2025
Major ecosystem announcement scheduled for November 14 (not May 14) catalyzes 150% price increase (not 60%) and attracts whale investors.
Token experiences 60% 24h surge to $1.20, reaches rank #18, with scheduled announcement on May 14.
App ecosystem rollout planned for May 2024 could drive project momentum.
New feature enables Visa card payments using native token through Zypto platform.
Token price drops 10% following supply increase and limited exchange availability.
Sharp 19.1% price correction from $0.74 to $0.60 in past 24 hours.
Achieves top 30 market cap through mainstream TikTok adoption and mobile mining concept, showing strong retail penetration despite limited crypto-native engagement.
2M+ users vote overwhelmingly for Binance listing, yet token remains unlisted on major exchanges as of April 2025.
Fully diluted valuation at 65B with significant sell pressure expected from upcoming token unlocks.
75% upward price movement triggers bearish shorting signals.
New Banxa integration enables non-KYC users to access wallet utility immediately.
Token price reaches record lows amid significant community backlash
Token price drops 30% amid team communication issues and lack of major exchange listings.
Introducing 2FA for wallet confirmation before mainnet migration. 14-day pending period for some users to complete verification.
Open Mainnet launched Feb 20. Price crashed 62% from $1.97 to $0.74. Bybit CEO called it a scam citing 2023 police warning. Claims 60M+ users mining from phones.
Native PI token released Feb 20, 2025, reaching FDV of $195B. Currently trading at $7B market cap with $105B FDV, down 50% from ATH.
Mainnet launch on Feb 21, 2025. Trading at approximately $115B fully diluted valuation.
Announced listing on OKX exchange scheduled for Feb 20, 2024. Project has been running for 5+ years.
Cryptocurrency project with large Chinese and Vietnamese community. Users can mint tokens by downloading an app and tapping 'minting' daily. Community expects 1 PI to be worth $10-$100.