Pi currently carries no value and is not tradeable on an exchange. It is difficult to predict the value of the coin before launch, but it could start with a value of around 0.01 against the US dollar, according to some forecasts.
Similarly one may ask, is Pi crypto a pyramid scheme?
It’s not a pyramid scheme. … A pyramid scheme is one where the person above you makes more money than you for recruiting you. Although you do earn more for every person you recruit, if those people turn out not to be real (complete the KYC) then the Pi attributed to them would be lost for you.
Keeping this in consideration, what is pi Cryptocurrency?
Pi is a new cryptocurrency for and by everyday people that you can “mine” (or earn) from your phone. Cryptocurrencies are new form of digital money that are maintained and secured by a community, instead of by governments or banks.
Can I sell my PI coins?
Once in 24 hours, you have to open the app and tab the mining button. That’s enough to mine Pi Coin. In 3rd phase, it will be listed in crypto exchange where you can sell. … The price of pi is $1,5916.
pi 3rd largest crypto in the world According users Population. The Answer is Yes. Yes. It is a good investment.
Pi Network(pi) – Coin Trading Data
|Pi Network Price||$2,024|
|Value 24h low||$1,9998|
|Value 24h high||$2,0396|
|Trade Volume for 24h||$14,86M|
|Current Circulating Supply||0|
Is Pi a scam? Pi is not a scam. It is a genuine effort by a team of Stanford graduates to give everyday people greater access to cryptocurrency. Pi’s core team is led by two Stanford PhDs and one Stanford MBA, all of whom helped build Stanford’s blockchain community.
There is only one way by which you can increase the mining rate of Pi cryptocurrency. For this you have to invite more and more peoples to your network. You earn 25% of base mining rate from every active people who have joined your network and are mining.