Pricedresses Wallet Challenges With New Fiat Option, Will Pi Coin Price

Pi Network has introduced a new fiat on-ramp service, TransFi, to its wallet, which aims to provide users with another option for purchasing Pi tokens and address issues with its previous on-ramp partner, Onramp Money. This is the third fiat on-ramp option to be integrated into the Pi Network ecosystem.

Despite this development, Pi Network faces some challenges, including a lack of decentralized applications (dApps) that facilitate real-world exchange of goods and services, and the fact that a large portion of Pi coins transferred to user wallets become locked, which limits their usability.

Regarding the price of Pi Coin, predictions vary widely, and it’s important to note that many of these predictions are speculative. Some analysts believe the price could remain modest in the short term, with forecasts for 2025 suggesting a trading range between $0.30 and $0.44. Other, more optimistic projections see the price potentially rising significantly in the coming years, with some forecasts for 2030 suggesting a potential peak of around $1.87 or even higher. However, a recent surge in the supply of Pi tokens on centralized exchanges and a major token unlock event in August have put downward pressure on the price, with some sources reporting a drop to around $0.40.

Pi Network has introduced a new fiat on-ramp service, TransFi, to its wallet, which aims to provide users with another option for purchasing Pi tokens and address issues with its previous on-ramp partner, Onramp Money. This is the third fiat on-ramp option to be integrated into the Pi Network ecosystem.

Despite this development, Pi Network faces some challenges, including a lack of decentralized applications (dApps) that facilitate real-world exchange of goods and services, and the fact that a large portion of Pi coins transferred to user wallets become locked, which limits their usability.

Regarding the price of Pi Coin, predictions vary widely, and it’s important to note that many of these predictions are speculative. Some analysts believe the price could remain modest in the short term, with forecasts for 2025 suggesting a trading range between $0.30 and $0.44. Other, more optimistic projections see the price potentially rising significantly in the coming years, with some forecasts for 2030 suggesting a potential peak of around $1.87 or even higher. However, a recent surge in the supply of Pi tokens on centralized exchanges and a major token unlock event in August have put downward pressure on the price, with some sources reporting a drop to around $0.40.

Written by 

Leave a Reply

Your email address will not be published. Required fields are marked *