- Crypto Club 23
- Posts
- ✍🏽Pi Network Deep Dive — 2025 Spotlight
✍🏽Pi Network Deep Dive — 2025 Spotlight
In partnership with
Your daily edge in private markets
Wondering what’s the latest with crypto treasury companies, Pre-IPO venture secondaries, private credit deals and real estate moves? Join 100,000+ private market investors who get smarter every day with Alternative Investing Report, the industry's leading source for investing in alternative assets.
In your inbox by 9 AM ET, AIR is chock full of the latest insights, analysis and trends that are driving alts. Readers get a weekly investment pick to consider from a notable investor, plus special offers to join top private market platforms and managers.
And the best part? It’s totally free forever.
Family, let’s talk about the coin that everyone once mined on their phones with a single tap — Pi Network (PI). For years, it lived in the shadows as “the people’s experiment.” Now in 2025, it’s officially on mainnet, listed on exchanges, and trading in the wild. But is this really the promised revolution or just another hype cycle dressed up as decentralization? Let’s break it down.
🚦 Where Pi Stands Today
Live on Mainnet: Pi Network flipped the switch in 2025 after years of app-only “mining.” Users had to pass KYC to migrate their balances.
Price Check: PI is sitting around $0.28, with a market cap near $2.3B. It’s listed on Gate, OKX, and tracked by CoinMarketCap and CoinGecko. Not bad for a coin born from tapping a button.
Trading Mood: Volatility is real. Liquidity looks thin on some books, which means big swings are possible if whales decide to play.
💬 What the Streets Are Saying
The Believers: Early “Pioneers” are buzzing. They mined for years on the app and now want to see that time translate into real money. For them, Pi is a marathon, not a sprint.
The Critics: Industry voices are harsher — calling out centralization, referral-style growth that looks pyramid-ish, and privacy headaches with KYC.
The Watchdogs: Security folks keep flagging scams and fake Pi sites. If you’re in, you better double-check every link — the space is crawling with impersonators.
⚖️ The Real Issues
Tokenomics Mystery: Who holds the lion’s share? Without transparency on distribution, dumps could crush the price.
Utility or Just a Coin? Hackathons and app pushes are happening, but until Pi powers real payments and dApps, it’s just trading vibes.
Centralization Cloud: With validators and KYC funnels under heavy project control, critics question how “crypto” Pi really is.
Liquidity Crunch: On mid-tier exchanges now — but no big CEX dominance. That limits volume and creates space for price games.
🔮 My Prediction — Three Paths Forward
🐻 Bear Case (40%): Pi fades, price sinks below $0.10, liquidity dries up, and the hype evaporates.
⚖️ Base Case (45%): Pi stays in the speculative middle ground, bouncing between $0.05–$0.50, kept alive by its massive community but never breaking through.
🚀 Bull Case (15%): Pi surprises everyone — gains utility, lands more exchanges, and grows into a major player. Possible, but uphill all the way.
🛠️ What You Should Watch
Token distribution transparency (who really owns what).
Developer traction (real apps, not just promises).
Exchange depth (liquidity tells the truth).
Official channels only (scam sites are everywhere).
✍🏽 Final Take
Pi Network is one of the most socially-driven coins ever. Millions tapped that app daily for years, building what might be crypto’s largest grassroots user base. But community alone doesn’t guarantee value.
Here’s the blunt truth: Pi is a high-risk bet. It could grow if real-world use cases kick in, but the coin could just as easily sink if transparency and adoption stall. If you’re holding or thinking about buying, treat it like walking a tightrope — with a parachute strapped on.
👉 Question for you, fam:
Do you want me to track real-time Pi liquidity on Gate/OKX every week and give you short updates — or should I focus more on Pi’s developer ecosystem progress (apps, hackathons, new use cases)?