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Tag: Pi Network

  • What Is Pi Network? How It Works and What to Know in 2026

    What Is Pi Network? How It Works and What to Know in 2026

    Pi Network is a cryptocurrency project that lets you mine Pi coins using your mobile phone. Launched in March 2019 by Stanford graduates Nicolas Kokkalis and Chengdiao Fan, Pi Network aims to democratize cryptocurrency mining with minimal energy consumption. 

    The ecosystem has grown to over 60 million users, largely due to its unique mobile mining mechanism, and the community-driven initiatives that keep users engaged. But what about its mainnet launch and its potential implications for the Pi coin price?

    Key Takeaways

    • Pi Network’s Open Network officially launched on February 20, 2025, at 8 AM UTC, allowing users to trade Pi Coin on exchanges.
    • OKX and MEXC have listed Pi Coin, with more exchanges possibly following after the Open Network launch.
    • Pi Network now has over 70 million users and has been expanding its ecosystem with developer incentives and hackathons.
    • Since its listing on major exchanges, its long-term value and adoption have been somewhat questionable.

    What is Pi Network?

    Pi Network is a cryptocurrency project launched in March 2019 by Stanford graduates. It focuses on mobile mining to make crypto more accessible.

    The network uses the Stellar Consensus Protocol for secure and energy-efficient mining, which allows users to “mine” Pi coins via a mobile crypto mining app.

    To guarantee readiness for the mainnet launch, users must complete a KYC process, a requirement that some privacy conscious users won’t like but that says something about the network’s commitment to regulatory compliance and security.

    Pi Network roles

    Engaging with the Pi Network ecosystem means you’re part of a diverse group of users who contribute in various ways, depending on your role within the network. 

    • As a Pioneer, you’re an entry-level user who mines PI coins by regularly engaging with the mobile app. This role incorporates over 60 million engaged global users who contribute to the ecosystem’s growth and stability.
    • Contributors earn better mining rates by expanding their security circles and helping to secure the network. By maintaining a reliable and stable security circle, Contributors play a crucial role in the network’s overall security and integrity.
    • Ambassadors grow the network by inviting new members to join and earn rewards for their efforts.
    • Nodes are users who operate a decentralized network by running Pi Node software, contributing to the network’s infrastructure. Node Ambassadors recruit developers to build decentralized applications (dApps) on the Pi Network. 

    These roles, supported by the Pi Core Team and driven by the community, promote the continuous development and security of the Pi Network.

    Pi Network roadmap

    The Pi Network has laid out an ambitious roadmap. It aims to democratize cryptocurrency mining by allowing users to mine PI coins directly on a crypto mining app without high energy requirements.

    Launched in March 2019, the project has been developed in phases. The Pi network roadmap outlines a change through App launch (2018), Testnet launch (2020), and the Mainnet launch, which happened in February 2025 after many delays due to regulatory compliance and user dissatisfaction issues.

    The shift to the Mainnet allowed users to convert Pi coins into other assets. This means that users who wish to do so can cash out on exchanges like OKX and MEXC. 

    The Pi network roadmap also emphasizes the need for ecosystem building, with a goal of integrating at least 100 applications into the network by the launch of the Mainnet.

    Initiatives like the Pi2Day Challenge help foster participation and readiness for the mainnet change, despite community frustrations from repeated postponements.

    Pros and cons of Pi Network

    Pi Network gained traction by allowing users to “mine” PI tokens through a mobile app without draining battery or requiring specialized hardware. This low barrier to entry helped the project build a massive global user base and made crypto participation accessible to people with little technical knowledge. The project also reports millions of KYC-verified users, which demonstrates strong community engagement following the mainnet launch.

    On the downside, liquidity and trading access have been ongoing concerns since mainnet went live. While PI is now live, exchange availability, regional restrictions, and limited ecosystem development have raised questions about real utility. Compared to more established blockchain ecosystems, Pi still lacks a robust selection of DeFi apps, games, and on-chain tools that drive demand for a token.

    Despite the challenges, Pi Network boasts a large community of over 12 million KYC-verified users. This strong participation is proof of the network’s engagement as it approaches the mainnet launch.

    However, uncertainties around the future value of Pi coins and potential price volatility post-launch remain concerns for investors and users alike.

    Pros:

    • Wide accessibility: Users can mine via smartphones with low battery and data usage.
    • Strong community: Over 12 million KYC-verified users participate actively.
    • User control: Features like the Lockup mechanism enhance stability and user control.

    Cons:

    • Privacy concerns: The Pi mobile app requires a significant amount of user data.
    • Repeated delays: Frustration from repeated mainnet launch delays affects user morale, even post-launch.

    Pi coin price potential

    According to our Pi Coin price prediction, its price could surpass $0.46 by the end of December 2026, with its price expected to drop to $0.37 by the end of February 2026, which is still a massive +115.70% increase compared to its price today.

    Is Pi Network worth it?

    Initially expected to launch in late 2023, the mainnet launch date was postponed due to technical challenges and was finally released in early 2025.

    The Pi coin’s price is currently in a downtrend (though to be fair, pretty much everything is), but speculators predict potential increases in value post-mainnet launch. Here are three key factors to examine:

    1. User engagement: Pi Network has maintained strong user engagement through initiatives like the Pi2Day Challenge, which encourages participation and readiness for the mainnet shift.
    2. Users and KYC: Over 12 million users have completed KYC, with a target of 15 million set for the anticipated Open Mainnet launch.
    3. Future prospects: Despite past delays, the network continues to develop and expand, with new applications, integrations, and strategic partnerships being announced, which could enhance its value and utility in the future.

    Your investment decision should reflect these factors and the potential future success of Pi Network.

    Is Pi Network safe?

    Pi Network is generally considered safe, having undergone security reviews with no major vulnerabilities discovered. To guarantee your assets are secure, the KYC process is mandatory. This enhances user verification and security, helping to mitigate potential risks.

    Here are some key points to note about the safety of Pi Network:

    AspectSafety MeasuresBenefits
    KYC ProcessMandatory for retaining Pi coinsEnhances user verification and security
    Official App SourcesMinimize risks of fraud and scamsProtects from unofficial apps
    Ongoing Community EngagementTransparency to maintain trust and credibilityKeeps users informed and engaged
    User InformationBe cautious of phishing attemptsProtects personal data
    Phishing AttemptsBe wary of scam emails or messagesAvoids potential fraud

    The bottom line

    Pi Network is a cryptocurrency designed for mobile mining, launched by Stanford graduates in March 2019. It aims to make crypto accessible by allowing users to mine Pi coins with minimal energy consumption. Community-driven initiatives keep user engagement high despite delays and uncertainties about the coin’s future value.

    If you’re also interested in cryptocurrencies other than Pi Network, make sure to take a look at our shortlist of the best crypto to buy now.

  • Pi Drops, SHIB Eyes ETF, But BlockDAG’s $210.5M Surge After Keynote 3 Steals the Spotlight

    Pi Drops, SHIB Eyes ETF, But BlockDAG’s $210.5M Surge After Keynote 3 Steals the Spotlight

    The crypto market is once again separating hype from hard execution. Pi Network, once touted as a game-changer, has fallen 44% in ten days after missing a Binance listing opportunity, triggering a massive outflow of funds. Meanwhile, SHIB is chasing ETF-driven optimism, hoping a speculative rally might breathe life into dormant volumes. But amid the volatility, one project is quietly outpacing them all—BlockDAG. 

    With over $210.5 million raised in its presale and a live Beta Testnet handling over 1.2 million transactions, BDAG is more than just another coin. Its DAG + Proof-of-Work architecture delivers unmatched scalability, while real user adoption—800K X1 miners and 19B+ coins sold—shows organic traction. While Pi stalls and SHIB bets on headlines, BlockDAG is already delivering milestones. For serious market players, this isn’t just another altcoin—it’s potentially 2025’s biggest crypto story.

    What’s Next for Pi Network (PI) in April?

    Pi Network’s PI token has dropped 78% from its February high of $3 to $0.67 following mass sell-offs after the March 14 mainnet migration. The token now trades within a descending channel, signaling a bearish trend with lower highs and lows. Trading volume has also plummeted to $156 million—down 89% from $1.38 billion—highlighting fading investor interest.

    Bitget Wallet COO Alvin Kan attributes the decline to early holders cashing out and concerns around inflation from token unlocks. April’s outlook remains uncertain. A rebound is possible if buyer interest returns, especially with the RSI nearing oversold territory. However, continued selling could push PI below current levels unless market sentiment shifts quickly. A short-term recovery to $0.90 remains possible if seller exhaustion sets in.

    SHIB ETF Buzz Sparks Breakout Speculation—Can It Hit $0.000020 Soon?

    Shiba Inu (SHIB) is gaining renewed attention after ecosystem lead Lucie pitched the idea of a SHIB ETF. While no issuer has filed a request with the SEC yet, speculation is building. The memecoin is showing signs of strength, with exchange sell-offs hitting quarterly lows and over 50 trillion SHIB moved into wallets since December—signaling accumulation.

    Currently, SHIB is trading within a key range between $0.000012 and $0.000020. A push past $0.000016 resistance could open the door for a 47% gain, testing the top of this range. However, SHIB’s network activity has dropped 5x since December, raising questions about user interest.

    Presale Over Soon, Last Chance at Low Prices! Buy BlockDAG!

    Still, if ETF talks gain traction or market sentiment improves, SHIB could break out. For traders eyeing short-term upside, keeping an eye on volume and resistance levels may reveal the next big move.

    BlockDAG’s Viral Presale Breaks $210.5M Barrier 

    As Pi and SHIB make headlines, BlockDAG’s Keynote 3 has taken the crypto world by storm. One of the biggest announcements was the launch of the Beta Testnet V1, a major step forward in proving the network’s strength. The testnet is already live, processing over 1.2 million transactions with help from 100+ active community nodes around the world. It includes a working block explorer, token and NFT creation tools, and several early dApps to try out. This is not just a test—it’s real functionality being rolled out before the mainnet launch.

    But what’s even more exciting is the roadmap ahead. BlockDAG plans to support over 1,000 decentralized applications (dApps) by 2026. That means finance tools, games, healthcare apps, and more—all running on BlockDAG’s super-fast, low-fee network. With EVM and WASM compatibility, developers can build quickly using tools they already know. Add in DeFi features like staking, swaps, and lending, and it’s clear: BlockDAG isn’t just building a chain—it’s creating an entire ecosystem.

    With the presale in Batch 27 at $0.0248 and over $210 million already raised, early buyers still have a chance to get in before things take off. The future of crypto might just be built on BlockDAG.

    The project’s presale success isn’t just hype—it’s backed by real development, user traction, and a technical roadmap that’s far ahead of many competitors. BlockDAG is setting the stage to dominate across sectors. If you missed early gains in Ethereum or Solana, BlockDAG might be your second chance—because this isn’t a test run, it’s a full-speed launch into the future of crypto.

    Takeaway

    In a cycle where speculation often outweighs delivery, BlockDAG is proving that substance still matters. Pi’s technical roadmap remains vague, and without key listings or a working mainnet, the project risks losing more ground. SHIB has potential—but potential alone doesn’t guarantee follow-through, especially with network activity plunging. 

    BlockDAG, on the other hand, is executing at full throttle. Its presale growth—now up 2,380%—is backed by tangible tech: dApps, EVM compatibility, global partnerships, and hardened security protocols. 

    BlockDAG is expanding its reach across sectors with an ecosystem that’s built to scale, not just promise. The numbers speak for themselves. If you’re looking for a project that blends vision with action, BDAG isn’t just worth watching—it’s one to act on now. In a crowded crypto market, BlockDAG is positioning itself as the coin that could define 2025.

    Click Here To Experience BDAG. Buy BlockDAG Now!

    Website: https://blockdag.network

    Presale: https://purchase.blockdag.network

    Telegram: https://t.me/blockDAGnetworkOfficial

    Discord: https://discord.gg/Q7BxghMVyu ​

    Disclaimer: The views and opinions presented in this article do not necessarily reflect the views of CoinCheckup. The content of this article should not be considered as investment advice. Always do your own research before deciding to buy, sell or transfer any crypto assets. Past returns do not always guarantee future profits.

  • How to Sell Pi Coin in 2026? Explore These P2P Methods

    How to Sell Pi Coin in 2026? Explore These P2P Methods

    How to sell Pi Coin

    Following its mainnet launch in February 2025, Pi coins can be sold on exchanges such as OKX, MEXC, and Gate. In 2026, these platforms remain the primary marketplaces for trading Pi. Users can also sell their coins through peer-to-peer methods, including spending Pi directly with merchants that accept it.

    Pi Network is a well-known cryptocurrency project that enables users to mine Pi coins for free using their mobile devices. As a result, millions of users have accumulated significant Pi balances and are now looking for reliable ways to sell their holdings.

    In this article, we outline the different ways to sell Pi coins in 2026 and share our view on which methods are the safest, as well as which ones to avoid if you want to reduce the risk of scams.

    Key takeaways:

    • The easiest way to sell Pi coins is through centralized exchanges such as OKX and MEXC.
    • Another option is peer-to-peer transactions, either by arranging direct deals with buyers or by spending Pi at merchants that accept it as payment.
    • Online P2P sales carry a higher risk of scams. Offline P2P transactions are less convenient but are usually safer, as there is less opportunity for fraud.
    • You can also use Pi coins directly with merchants that accept them, paying for products and services ranging from gaming items to larger purchases.

    How to sell Pi coins? A complete overview of options PI holders have in 2026

    The simplest way to sell your Pi coins today is through centralized exchanges. Since the launch of the Pi mainnet, these platforms have become the main and most convenient option for trading. They usually provide real-time pricing, stronger liquidity, and improved security compared to earlier methods.

    Before exchange listings, peer-to-peer trading was the primary way to sell Pi. Users would negotiate prices and payment terms directly, similar to how Bitcoin was traded in its early days through PayPal or bank transfers without an intermediary. While P2P trading is still possible, it is now used far less often and plays a secondary role.

    Below, we’ll explain how to sell Pi coins on centralized exchanges and briefly review the methods that were more common in the past.

    Sell Pi coin on centralized exchanges

    With Pi Network’s open mainnet live, centralized exchanges are the most common and straightforward way to sell Pi coins. Compared to peer-to-peer transactions, exchanges provide stronger liquidity, quicker execution, and built-in security features. Below is a simple step-by-step overview using OKX as an example. The process is similar on other platforms such as MEXC or Bybit.

    1. Choose a trading platform

    Pick an exchange where Pi is listed. Compare factors such as security standards, trading fees, available trading pairs, and withdrawal methods. For this example, we’ll reference OKX.

    2. Create and verify your account

    Sign up on your selected exchange and complete the required identity verification process. This typically includes:

    • Entering your personal details
    • Uploading a government-issued ID
    • Providing proof of address
    • Completing facial verification

    Verification is necessary before you can deposit, trade, or withdraw funds.

    3. Transfer Pi coins to the exchange

    Log in to your Pi wallet and copy your Pi deposit address from the exchange. Carefully double-check the address before sending funds to avoid mistakes. Once you initiate the transfer, wait for the required network confirmations before the balance appears in your exchange account.

    4. Place a sell order

    Go to the relevant trading pair, such as PI/USDT. You can choose:

    • Market order to sell immediately at the current market price
    • Limit order to set your own selling price

    Enter the amount of Pi you want to sell, review the details, and confirm the transaction.

    Peer-to-peer transactions

    At the moment, the only way of exchanging Pi coins for real money is to use various peer-to-peer methods. They allow you to set your own price for PI and sell coins to whoever might want to buy them. In general, P2P transactions fall into two categories:

    • Online: While numerous social media users claim they are willing to buy Pi coins, caution is advised. Many of these online offers are often fraudulent, designed to deceive users into sending Pi coins without receiving payment.
    • Offline: In-person transactions, while less convenient, are generally less susceptible to scams. However, we have limited information regarding the legitimacy of in-person Pi coin trades.

    Direct Spending

    For those who prefer not to engage in selling, Pi coins can be directly used to purchase goods and services from participating merchants. Some businesses accept Pi as payment for various products and services, expanding its practical utility.

    Notably, there have been instances where even larger purchases, such as a car, were facilitated through Pi payments, as reported on the Pi Core team’s official social media.

    Recently, the Pi Network team has increased its efforts toward connecting Pi coin-accepting merchants and Pi coin holders. For this reason, they have organized a hackathon that petitioned participants to build apps that can quickly allow users to locate merchants that accept PI. The winning apps, Map of Pi and PyNook, are both designed in a similar fashion, allowing users to locate Pi accepting merchants via a Google Maps-like interface.

    Another way users are encouraged to spend Pi coins at local businesses is via the PiFest event. This event aims to increase Pi’s recognition around the world by promoting stores that accept Pi as a payment method.

    The bottom line: Currently available methods of selling PI involve inherent risks

    In summary, diverse methods are available for selling Pi coins. However, it may be prudent to exercise patience and await the launch of the open mainnet for a more secure and conventional trading environment. Presently, the predominant peer-to-peer approach involves inherent risks, and delays in the mainnet launch have sparked concerns within the Pi community.

    In the meantime, you can check our list of the best cryptocurrencies to buy right now, which includes projects that are focusing on building and driving adoption.