Pi Coin Network Mainnet Launch: Pi Coin Price Faces Risks

Pi Coin Network Mainnet Launch: Risks In Front Of Pi Coin

Pi Coin Network Mainnet Launch: Risks That Lay Ahead

February seems to be a crucial month for the Pi coin Network developers. The pioneers have waited much for the mainnet launch. The mainnet is also referred to as an open network. It will launch February 20, 2025. The miners will now be able to sell the coins. Developers will now showcase their apps to a wider audience.

The question comes - will the Pi coin rise after the Pi network mainnet launch? Or will the Pi coin fall post-launch?

Pi Coin Network Launch Is Here

As per the Pi Network developers, they are now successful in achieving their three conditions. The conditions were required for the mainnet launch or the airdrop. They are:

• Over 10.1 million pioneers’ token migration to the mainnet

• No external factors

• 100 mainnet ready applications

Now the conditions are all fulfilled. The Pi Network launch on Feb 20, 2025 will now let Pi users, or pioneers, sell their tokens. Some may believe the Pi token price will soar and choose to hold the tokens.

The network launched six years back. The upcoming mainnet launch comes now, allowing Pi users around the world to mine their tokens. Six years have been enough to create a big community.

Pi coin is even expected to achieve what was expected of the Bitcoin by Satoshi Nakamoto. Pi coins may facilitate local and international transactions. It may be accepted by sellers of all sizes. It may also act as a viable alternative to the dollar.

Pi Coin: Risks For The Crypto Token

Pi coins are in the news everywhere. Developers may list the Pi coin at a starting price of $3.14 as the Pi value. However, the current Pi coin IOU price is $60. This is quite high compared to the expected Pi coin listing price.

Pi coin price has several short-term risks to face. The first one is the flooding of the market when pioneers sell orders post-airdrop. A lot of Pi coin users held the Pi crypto token for years. They may be looking for ways to exit now.

There have been many highly hyped tokens crash post-launch. This includes the official TRUMP coin. Another one is the Berachain Token. These crypto coins imploded by double digits.

Before all this, tokens like Hamster Kombat, Wormhole, Bitcoin and ZkSync also crashed by more than 90% from their highest levels. Thus, Pi coin network users may not want to see their tokens experience the same fate.

As per history, most promising tokens saw crash after their airdrop. Examples of tokens that plunged include Sweat Economy, Hamster Kombat and StepN. 

This is not to call Pi coins worthless over time. Chances do stand for the Pi coin to eventually rebound as well. This can be seen from the example of the Made in USA token. A spot Pi Network ETF may also get approval from the SEC.

Currently, Pi coin users are extremely excited. They waited too long. The launch is finally here. However, like any other crypto coin, Pi token users need to be careful enough in making trading decisions.