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Live Pi price today in USD
A detailed analysis of Pi's price performance today, December 1, 2025, presents a unique challenge, as the cryptocurrency associated with the Pi Network is not officially listed on major public exchanges, including Bitget, for trading. Consequently, there is no real-time, universally recognized market price for Pi that can be tracked, analyzed, or reported in the traditional sense. The value of Pi remains largely speculative, driven by internal community transactions, IOU (I Owe You) token valuations on unofficial platforms, and peer-to-peer agreements within the ecosystem, none of which represent a liquid, exchange-backed market price. This fundamental lack of an official trading market means a conventional 'price performance' report, complete with charts, daily highs and lows, or trading volumes, is not feasible at this time.
Despite the absence of an official market price, several factors hypothetically influence the perceived or future value of Pi, which are crucial for observers and potential investors to understand:
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Mainnet Launch and Open Network Phase: The primary driver for any future official price for Pi will be the full launch of its Open Mainnet. Until this phase is achieved, and Pi tokens are truly transferable outside the enclosed network, any valuation remains theoretical. The timing and specifics of this launch are paramount, as it would enable Pi to be listed on exchanges and establish an actual market price.
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Network Utility and Ecosystem Development: The long-term value of Pi, once tradeable, will heavily depend on the utility and vibrancy of its ecosystem. The more applications (dApps) built on the Pi platform that offer tangible value and drive user engagement, the higher the potential demand for Pi coin. Developers and community members creating useful applications within the Pi ecosystem are therefore indirect contributors to its future valuation.
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User Adoption and Engagement: The Pi Network boasts a large global user base, accumulated through its mobile mining application. While a large user base is impressive, its conversion into active participation within the ecosystem and willingness to use Pi for transactions will be critical. The transition of 'miners' into 'holders' and 'users' will dictate the network's strength and, subsequently, its perceived value.
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Overall Cryptocurrency Market Sentiment: Should Pi eventually launch on the open market, its price performance would undoubtedly be influenced by broader trends in the cryptocurrency market. Bullish or bearish cycles for Bitcoin and other major altcoins often impact newly listed or smaller market cap cryptocurrencies. A general market downturn could suppress initial price discovery, while a bull market might provide a more favorable environment for growth.
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Tokenomics and Supply: The total supply of Pi, its distribution mechanism, and any future burning or staking mechanisms will play a significant role in its scarcity and potential value. While Pi's mining rate has decreased over time, the ultimate circulating supply at mainnet launch and how it's managed will be a key determinant of its market dynamics.
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Regulatory Environment: The evolving global regulatory landscape for cryptocurrencies could also impact Pi's future. Favorable regulations could encourage broader adoption and institutional interest, while restrictive policies could hinder its growth and exchange listings.
In conclusion, without an official listing on exchanges like Bitget, it's impossible to provide a conventional 'price performance' analysis for Pi today. The factors discussed above represent critical considerations for anyone observing the Pi Network, highlighting that its potential future value is tied to its progress towards an Open Mainnet, the development of its utility, and broader market conditions, rather than current speculative valuations. Investors and observers should exercise extreme caution and recognize the highly speculative nature of Pi until it achieves full market listing and liquidity.
The cryptocurrency market on December 2, 2025, finds itself navigating a landscape shaped by evolving regulatory clarity, significant technological advancements, and continued, albeit sometimes volatile, institutional adoption. Following a notable downturn at the start of December, with Bitcoin and major altcoins experiencing drops of over 5%, market participants are keenly observing key developments that could dictate the trajectory for the remainder of the year.
Market Performance and Price Drivers
The initial days of December have seen the crypto market start in the red, extending a downtrend from November where billions in value were erased across major assets. Bitcoin (BTC) dipped below $87,000, while Ethereum (ETH) saw its price drop significantly. Other major cryptocurrencies like XRP, BNB, and Solana (SOL) also experienced declines. This recent pullback is largely attributed to cautious trading sentiments ahead of the upcoming Federal Reserve interest rate decision, scheduled for December 15. Expectations are high for a rate cut, with data suggesting an 89% probability, which historically benefits risk assets like cryptocurrencies by increasing market liquidity.
Despite the short-term volatility, the broader outlook for Bitcoin and the crypto market in 2025 remains largely optimistic among many experts. Bitcoin had previously surged past $126,000 earlier in the year, reaching an all-time high. Analysts point to persistent institutional inflows and a more crypto-friendly political environment, particularly in the US, as strong bullish indicators. Some predict Bitcoin could still hit $250,000 by year-end, driven by improving dollar liquidity and potential future bank lending.
Evolving Regulatory Landscape
Regulatory developments continue to be a dominant theme, fostering a more mature and integrated crypto ecosystem. Stablecoin regulation is at the forefront, with significant progress across major economies. In the United States, the 'Guiding and Establishing National Innovation for U.S. Stablecoins (GENIUS) Act' was signed into law in July 2025, establishing the country's first comprehensive federal framework for payment stablecoins. This legislation defines payment stablecoins as digital assets redeemable 1:1 for dollars and backed by highly liquid, safe assets, explicitly clarifying they are not securities. Similarly, the European Union's MiCA (Markets in Crypto-Assets) regulation is seeing full enforcement by national regulators by the end of Q1 2025, requiring the delisting of non-compliant stablecoins by the end of January 2025. The UK is also prioritizing stablecoin regulations in 2025, consulting on issuance and custody rules.
Globally, this push for regulatory clarity is enhancing legitimacy and reducing systemic risks, making digital assets more appealing to institutional investors. The overall sentiment indicates a shift towards a more structured and innovative environment for the crypto industry, moving away from past uncertainties.
Ethereum's Fusaka Upgrade and Scaling Milestones
Ethereum is currently undergoing a pivotal period of technological advancement, with the 'Fusaka' upgrade set to deploy on its mainnet in December 2025. This landmark upgrade, following the 'Pectra' upgrade in May, is critical for enhancing Ethereum's scalability and performance. A key component of Fusaka is EIP-7594, known as PeerDAS, which significantly improves data availability for rollups by enabling nodes to sample smaller fragments of data, paving the way for an eightfold growth in blob capacity. The network's block gas limit was notably increased to 60 million on November 25, underscoring growing confidence in its robustness.
These advancements, combined with the continued rise of Layer 2 solutions, are dramatically scaling Ethereum's transaction capacity, with some solutions processing over 31,000 transactions per second. The goal is to eventually reach 100,000 transactions per second on-chain with optimized data storage and compression.
DeFi and Institutional Adoption Trends
Decentralized Finance (DeFi) continues to evolve at a rapid pace, with 'DeFi 2.0' introducing enhanced scalability, security, and user-friendly interfaces. Cross-chain interoperability, AI optimization, and increased regulatory clarity are driving this evolution. A major trend for 2025 is the tokenization of real-world assets (RWA), which is expanding the utility of DeFi beyond crypto-native assets by bringing tangible assets like real estate and bonds onto blockchain networks, with some reports valuing on-chain RWAs at over $12 billion.
Institutional adoption of cryptocurrencies has surged throughout 2025, with major financial institutions allocating increasing portions of their assets under management to digital assets. Bitcoin and Ethereum remain core holdings, but there's growing interest in high-growth assets like Solana and Polkadot, particularly those offering enhanced scalability and innovative DeFi applications. The integration of AI and blockchain technology is also creating new opportunities, with AI-powered DeFi platforms enhancing automation, security, and risk management.
In conclusion, despite recent market fluctuations, December 2, 2025, highlights a crypto market that is maturing rapidly, driven by robust regulatory frameworks, significant technological upgrades, and deepening institutional integration. These factors are collectively shaping a more resilient and widely adopted digital asset ecosystem.
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What will the price of PI be in 2026?
In 2026, based on a +5% annual growth rate forecast, the price of Pi(PI) is expected to reach $0.3668; based on the predicted price for this year, the cumulative return on investment of investing and holding Pi until the end of 2026 will reach +5%. For more details, check out the Pi price predictions for 2025, 2026, 2030-2050.What will the price of PI be in 2030?
About Pi (PI)
What Is Pi Network?
Pi Network is a unique crypto project and blockchain ecosystem. It aims to make cryptocurrency mining accessible to everyone – even if you’ve never mined a coin before in your life. Unlike Bitcoin, which requires energy-intensive hardware, Pi lets you mine coins just by tapping a button on your phone. Sounds simple? That’s the idea. Since launching in 2019, Pi has built a massive global community of users (called Pioneers) who earn Pi coins by participating in a social, trust-based network.
How Was Pi Network Created?
Born on Pi Day (March 14, 2019), Pi Network set out with a bold mission: make cryptocurrency easy for everyone. It kicked off with a simple mobile app and quickly grew a dedicated user base that earned Pi coins by checking in daily and building trust circles. Instead of needing technical know-how or expensive gear, all you needed was your phone.
Important milestones include:
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March 2019: The app launches in beta
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March 2020: Pi Testnet begins
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December 2021: Enclosed Mainnet phase begins (internal blockchain goes live)
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February 20, 2025: Full Mainnet goes public (Open Mainnet)
Who Built the Pi Network?
Pi Coin was created by a group of Stanford Ph.D. graduates: Dr. Nicolas Kokkalis (Computer Science), Dr. Chengdiao Fan (Anthropology), and Vincent McPhillip (who later left the team). With their academic backgrounds, the team focused on building a blockchain system that combined technical innovation with social behavior.
How To Mine Pi Coin?
Mining Pi is simple. You download the Pi Network app on your phone, sign in, and tap a lightning button once every 24 hours. That’s it. Your phone isn’t actually doing complex calculations. Pi Network runs on a social security model where users create trust circles and build decentralized consensus.
There are four types of users:
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Pioneer: A daily user who taps to mine.
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Contributor: Adds trusted users to a "security circle" to help secure the network.
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Ambassador: Invites others to join and earns bonuses.
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Node: Runs the actual blockchain software on a desktop (more technical).
Mining rate decreases over time as more users join, making early participation more rewarding.
Has Pi Been Listed on Exchanges?
Pi officially transitioned to open mainnet on February 20, 2025. That means Pi coins can now (in theory) be traded outside the app. Some exchanges have listed Pi or Pi IOU tokens. However, a full global listing is still in progress.
Can I Buy Anything With Pi Coin?
Yes – but mostly within the Pi community. Some users have bought small items like mugs, t-shirts, electronics, or food by using Pi as a form of barter. Pi even held a "PiFest" event where over 100,000 merchants signed up to try accepting Pi. However, big-name stores and apps don’t accept Pi yet. It’s still very early, and Pi’s buying power is community-driven rather than mainstream.
Is Pi Network Legit?
Pi doesn't require upfront investment or fees to start mining, which sets it apart from many scams. The core team is transparent and development continues steadily. While it's too soon to say Pi is a guaranteed success, it certainly isn’t a get-rich-quick scheme or an obvious fraud. It’s a slow-burn crypto experiment worth watching.
How to Complete KYC Verification on Pi
To unlock and use your Pi in the real world, you'll need to complete KYC (identity verification). Here’s how:
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Install Pi Browser (separate from the Pi Network app)
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Create a wallet and save your recovery phrase somewhere safe
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Tap the KYC icon, upload your ID, and verify your face with your camera
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Submit and pay the small fee (usually 1 Pi) and wait for confirmation
Once verified, you can move your coins from in-app balance to your mainnet wallet and start exploring what Pi can offer.
Pi Coin Price Today: Hype, Hope, and Honest Reality
From "How much is 1 Pi coin worth?" to "Can Pi make me rich?" – the curiosity around Pi Coin’s value is sky-high. The truth is, Pi’s price is still taking shape. Depending on the platform, 1 Pi might be valued anywhere from a few bucks to ambitious future projections. But keep in mind: prices seen on smaller exchanges or peer-to-peer groups don’t necessarily reflect stable market value.
At this stage, Pi’s real worth isn’t just in dollars – it’s in its growing community, expanding use cases, and slow but steady journey into the crypto mainstream. It’s not magic money, but it’s not meaningless either. Pi’s value will ultimately come from what people can do with it, not just what it trades for.
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Pi Network Project Analysis Report
Introduction to Pi Network
Pi Network, launched in 2019 by Stanford graduates Dr. Nicolas Kokkalis and Dr. Chengdiao Fan, is a groundbreaking cryptocurrency project conceived with the vision of making digital currency accessible to a global audience. Unlike traditional cryptocurrencies that often require significant computational power and technical expertise for participation, Pi Network aims to democratize cryptocurrency mining through a user-friendly mobile application. Its core mission is to cultivate an inclusive peer-to-peer ecosystem and online experience, powered by its native digital currency, Pi.
Core Technology and Mining Mechanism
At the heart of the Pi Network's operation lies an adapted version of the Stellar Consensus Protocol (SCP). This consensus mechanism offers an energy-efficient alternative to the intensive Proof-of-Work systems employed by cryptocurrencies like Bitcoin. The network's integrity is maintained through a novel system of “security circles” or “trust circles,” where users vouch for the trustworthiness of other members. This social-based trust model is designed to secure the ledger and validate transactions without demanding heavy computational resources.
Users, referred to as 'Pioneers,' engage in what is termed 'mobile mining' by simply checking into the application once every 24 hours. This process consumes minimal battery and data, eliminating the need for expensive mining hardware. Mining rates can be enhanced by inviting new users to the network, actively participating in security circles, and running desktop nodes, thereby incentivizing community growth and network contribution.
Development Phases and Roadmap
Pi Network's development has progressed through distinct phases: Beta, Testnet, Enclosed Mainnet, and Open Mainnet. The Beta phase focused on community building, while the Testnet allowed for testing of the blockchain and consensus algorithm.
The project entered its Enclosed Mainnet phase in December 2021. During this period, users could complete Know Your Customer (KYC) verification and migrate their accumulated Pi to the blockchain. However, external connectivity was restricted, meaning Pi could not be traded on external exchanges or used for transactions outside the Pi ecosystem. The KYC process is crucial for upholding the network's one-account-per-person policy, combating fraudulent activities, and ensuring fair participation.
A significant milestone was the official transition to the Open Mainnet, which commenced on February 20, 2025, or is slated for Q1 2025, according to various reports. This phase is designed to remove existing firewalls, enabling broader trading, external connectivity, and the integration of decentralized applications (dApps). The full launch of the Open Mainnet is contingent upon achieving specific migration targets, including a goal of 10 million migrated Pioneers.
Pi Network is actively fostering an ecosystem that supports real-world transactions and utility through dApps. Initiatives like PiFest have demonstrated the growing adoption and potential for Pi to be used as a medium of exchange for goods and services.
Controversies and Challenges
Despite its large user base and innovative approach, Pi Network has faced considerable scrutiny. A primary concern has been the perceived lack of transparency, particularly regarding detailed technical documentation, prolonged mainnet delays, and the extent of the core team's centralized control. Critics have also drawn parallels between Pi Network's referral-based mining system and multi-level marketing or pyramid schemes, even though no direct financial investment is required from users.
For an extended period, the absence of Pi coin listings on major exchanges and the inability to trade it for other cryptocurrencies or fiat money led to skepticism about its intrinsic value and utility. Concerns about user data privacy during the mandatory KYC process have also been raised. Furthermore, some analyses indicate a potential discrepancy between the claimed number of users and genuinely active wallets on the network.
Future Outlook and Potential
With the launch of the Open Mainnet, Pi Network is poised to enter a new era, aiming to validate its utility and value within the broader cryptocurrency landscape. The project's commitment to lowering the entry barrier for cryptocurrency participation through mobile mining remains a significant advantage.
The future success of Pi Network largely hinges on the continued expansion of its ecosystem, fostering the development and adoption of dApps, and establishing viable marketplaces where Pi can be used for practical purposes. Market analysts offer varied price predictions for Pi, contingent on successful mainnet integration and listing on major exchanges, signaling potential for both growth and volatility. The full transition to an open, decentralized network is seen as a critical step towards realizing the project's long-term aspirations.
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