Pi Coin: The cryptocurrency community is in major excitement now as Pi Network prepares to reach a major milestone with the highly speculated launch of its Open Mainnet on February 20, 2025.
Pi Network, sharing the news about the same, wrote on ‘X’, “One day left before Open Network’s launch at 8:00AM UTC on February 20, 2025! The transition to Open Network will enable external connectivity on the Mainnet blockchain, allowing Pi to interface with other compliant networks and systems. This means Pioneers will be able to engage in transactions beyond the Pi ecosystem, expanding Pi’s utility and reach.”
One day left before Open Network's launch at 8:00AM UTC on February 20, 2025! https://t.co/hcCfuBQZPI
— Pi Network (@PiCoreTeam) February 19, 2025
The transition to Open Network will enable external connectivity on the Mainnet blockchain, allowing Pi to interface with other compliant networks and systems. This means…
Moreover, this will mark a significant transition from a closed ecosystem to a fully decentralized network and may mark a vital moment for this coin. The step will potentially pave the way for Pi Coin’s listings on prominent exchanges like Binance and OKX.
However, one question lingers, casting a shadow of uncertainty over the future of Pi: Will the Pi coin experience a crash after its mainnet launch?
Will Pi Coin Crash?
Here are 3 reasons why the it may experience a crash after Mainnet launch:
- Early adopters selling off: The first miners of Pi coin have been waiting for over 5 years and might sell some of their tokens to secure profits, especially if they think the initial price will rise due to hype.
- History of airdrops: In the past, cryptocurrencies that started with airdrops have often crashed. This is because people who got free tokens tend to sell them quickly for a fast profit. The Pi coin might follow this pattern.
- Limited real-world use: The Pi network doesn’t have many practical uses beyond peer-to-peer transactions. To succeed, it needs to develop more decentralized applications and partnerships that drive demand for the Pi coin. If this doesn’t happen, the coin’s value might drop.
ALSO READ: Pi Coin Vs Jio Coin: The Buzz In The Crypto World – Prices, Features, And Other Details Inside
