Pi will be the cryptocurrency used in the future; after PI's discovery, most of the difficulties were faced by Vince McPhilip, Chengdiao Fan, and Nicolas Kokkalis value for 1 PI is 0.004 USD now a day; the cryptocurrency launch date and subsequent performance might affect the PI digital coin's value in 2030. Some social media users have provided estimates ranging from $1 to hundreds of dollars of PI network future.
What is PI?
Pi Network resembles a hybrid of an app, a cryptocurrency, and a
multi-level marketing (MLM) business model
Pi's main draw is its mobile mining capability. Most miners employ
specialized equipment because other cryptocurrencies that rely on mining, most
significantly Bitcoin (CRYPTO: BTC), need much more computing power.
How PI
Discovered?
Three Stanford University students, Vince McPhilip, Chengdiao Fan,
and Nicolas Kokkalis, invented Pi digital currency.
The smartphone application was live on March 14, 2019. The project was immediately made profitable by advertising, and there were over 3.5 million users in less than a year.
The developers have come up with a halving scheme since the release. This mechanism is used by several PoW blockchains, including Bitcoin, to control the number of coins in circulation. It effectively reduces the quantity of Pi awarded as a reward after achieving particular objectives. Pi may currently be mined at a rate of 0.2 per hour. The mining benefits would disappear when the coin reaches 1 billion users.
Value of the PI coin’s and it’s future
•
By the end of 2022, the price of Pi coin value may reach $0.10 if the mainnet
launch goes well.
•
By the end of 2023 - With time for the project to establish use cases and
mature, Pi may reach a price of $0.24.
•
At the end of 2025 - Should the Pi cryptocurrency connectivity ecosystem keep
growing, the token's value might reach $0.35 by that time.
•
By the end of 2030 - By the end of the decade, if the Pi network is able to
expand and attract many new applications, the token might reach a high of
$0.70.
