Pi Network price today, March 2nd, 2025: Continues to fall sharply.
Pi Network's price today, March 2nd, dropped sharply by 14.6%, currently standing at $1.94 USD. If Pi is listed on Binance, the price of Pi Network could double or triple.
Pi Network price today
The price of Pi on the OKX exchange on March 2nd, 2025 is fluctuating around $1.93 to $2.35 (equivalent to VND 49,250 to VND 59,930). Compared to yesterday, the price of Pi on the OKX exchange has decreased by approximately 14.6%.
Recently, there have been rumors that Binance, one of the world's largest cryptocurrency exchanges, may list Pi Network. If Pi is listed on Binance, many predict its price will surge, possibly even doubling or tripling. This is because cryptocurrencies often tend to experience significant price increases after being listed on large exchanges like Binance.
Some experts and influencers in the cryptocurrency industry predict that Pi could reach $10 shortly after being listed on Binance. Despite the overall market downturn, Pi has approached $3, and many believe it could reach $5 by the end of April.
Another factor contributing to the price increase of Pi is the public dispute between the CEO of ByBit and the founder of Pi Network, Nicholas K. This dispute attracted significant attention from the community, thereby positively impacting Pi's market value.
Its practical applicability remains questionable.
According to Tuan, a cryptocurrency investor, when the market stabilizes and practical applications of Pi are widely deployed, the value of this currency could increase significantly. However, he also warned: "If you mine Pi for free, there's nothing to lose, but if you invest a lot of money in buying and selling Pi, this is a risky investment channel. The reason is that Pi Network does not yet have a clear legal basis and has not proven its real value in the cryptocurrency world."
Ms. Le Ngoc Ha, a private investor in Hanoi, shared a similar view. She emphasized: "The sharp fluctuations of Pi Network mainly stem from FOMO (fear of missing out) and manipulation by vested interest groups. Currently, Pi Network still lacks transparency in its operations and is not legally recognized in many countries. This makes the risks greater than the opportunities. If Pi wants to prove its true value, it needs to have practical applications, not just rely on community expectations. Right now, everything is still very vague."
Industry experts also expressed caution.
Industry experts have also expressed caution regarding Pi Network, particularly concerning legal issues and the project's operating model. A notable point is that Pi remains controversial because its ecosystem is still in its developmental stage. The majority of users are not yet able to transfer the Pi they mine to exchanges.
Furthermore, experts suggest that because the supply of Pi traded on exchanges is limited, the value of this cryptocurrency is driven by very small supply and demand. This means that current transactions may not accurately reflect the true value of the entire Pi Network ecosystem.
In reality, the amount of Pi traded on the market is only a very small fraction of the total Pi that has been mined. Currently, only about 6.4 billion Pi out of a total of 100 billion Pi have been transferred to the mainnet. According to ExplorerPi's report, only about 87 million Pi are actually tradable.
