Market

Pi Network price on OKX today

Quoc Duan February 20, 2025 16:44

At 3 PM on February 20, 2025, Pi Network officially launched and listed the Pi token on cryptocurrency exchanges, with an initial price ranging from $1.3 to $2 per Pi.

Pi Network price fluctuates ahead of 'D-Day'.

Prior to the listing, the Pi Network team announced that the network would open at 3 PM on February 20th (Vietnam time). However, from 2 PM on the same day, the OKX exchange allowed users to place price probe orders for Pi.

Giá Pi Network trên sàn OKX hôm nay

Crypto investment and consulting expert Nguyen Ha Minh Thong said: "Trading hasn't been officially allowed yet, but this is a form of price probing, like pressing a number to reserve a spot and waiting for the opportunity to trade."

Immediately after its launch, the price of Pi fluctuated continuously between $1.3 and $2 per Pi. Information from the OKX exchange shows that the initial listing price was $0.1 per Pi, but due to high demand, the price quickly rose to its current level. Minh Thong commented: "Users are scrambling to reserve Pi around the $2 per Pi price. From there, the official listing price could actually be higher, around $2 per Pi."

According to expert Minh Thong, the current total supply of Pi is 6.3 billion Pi. He predicts that if half of Vietnam's population participates in mining Pi, each person would own approximately 126 Pi, enough to reach a price of $1/Pi. However, with global user participation, the expected price could reach $7/Pi. He also believes that the actual total supply of Pi Network in the future could reach 100 billion Pi.

The volatile price of Pi is explained by selling pressure from miners and black market traders, along with buying pressure from "Pi enthusiasts" who believe in the potential of Pi. Minh Thong shared: "The cryptocurrency market has never been as vibrant as it is now. If the price remains this low, those 'black market dealers' who previously accumulated the Pi will face significant losses."

Exchanges listing Pi Network today

By 3:30 PM on February 20th, Pi had been listed on exchanges such as OKX, MEXC, and Bitget. However, Binance had yet to list Pi, surprising many investors.

Numerous events are underway to celebrate Pi Network's listing on exchanges, such as Bitget offering a $60,000 airdrop pool to Pi users until March 3rd, while BitMart is running a program giving away 3,000 USDT to 300 traders.

Investor Uyen Thy commented: "Strong buying pressure is around the 1-1.2 USD price range, meaning that at this price, money is ready to enter the market to buy Pi. Strong resistance is around 1.6 USD. If the selling pressure subsides, stronger buying pressure will break through this price range. If it breaks above 2 USD, a new FOMO cycle is very likely to begin."

The listing of the Pi coin has created a wave of excitement among the "Pi coin enthusiasts" community. Hoai Duong (Hanoi) shared: "It was truly breathtaking waiting for the moment. The feeling was one of suspense, anticipation, and emotion. For 'Pi coin enthusiasts' like me, the Pi coin is also a symbol of our chosen faith."

The current price of Pi is $1.60, with a trading volume of $10.3 million.

Pi Coin launched on OKX with an initial price of $1.50. However, within minutes of opening, the price quickly surpassed $2 before falling back to $1.60.

Note: The information in this article is for reference only and should not be considered investment advice. Investors should conduct their own research and carefully consider their options before making any decisions.

Quoc Duan