Pi Coin (PI) Price in India

Pi Coin is undoubtedly a leader when it comes to crypto investments in India. Currently, the project is attracting more users by allowing them to receive free coins using only their phones. 

Overview

A young and intriguing crypto project, called Pi Network, was developed and led by Dr. Nicolas Kokkalis and Dr. Chengdiao Fan, who were Stanford University professors from Silicon Valley. The project started in early 2019, and rapidly gained momentum; in 2019, the network got more than 500 thousand users and now has more than 35 million.

According to the chief developer of the Pi Network, the main benefits of modern cryptocurrencies are not available to most ordinary people who can benefit most from this technology. Therefore, a well-thought-out system for bringing the project to the market was created.

According to the plans, the coin will enter the market when it reaches 100 million users. In the last year, the project has been developing very intensively. It might be less than a year before the coin will enter the market. Until this figure is reached, the project allows all willing users not only from the US but also all other countries, including India, to receive 0.2 Pi coins per hour absolutely free and regularly.

How is Pi Network different from others?

Pi Network is different from many other crypto projects in that it implements an exclusive mechanism such as the Stellar Consensus Protocol. It enables users to gain advantages through joining the network. The main idea was to make the cryptocurrency revolution accessible to ordinary users. 

Since there is no more ordinary thing than a phone, it is proposed to mine the Pi cryptocurrency with its help. At the same time, according to the authors of the project, the application does not affect the loading of the smartphone and does not consume battery resources.

It is not surprising that Pi coin has become one of the most popular altcoins due to its environmental friendliness. Its low-energy mining using mobile phones has become quite sought-after in India and other countries. 

Price of Pi Coin in India

If you look at the price history of Pi Coin, you will see that it has a very predictable pattern. This means that the current price drop is just temporary and soon the price of Pi Coin will rise to new heights. 

For investors, there is still a chance to purchase this promising coin at a relatively low price and wait for the price to rise again. The highest price so far was recorded around a year ago on December 31, 2022. It was ₹20, 674. Currently, you can get it for a little over ₹100 and receive astonishing profits as the price goes up. The waiting time for profits from the rise in value will not take very long.

Conclusion

The creators of Pi Network position their blockchain as a conditionally popular Bitcoin, which will allow you to quickly and cheaply make any transactions without the participation of third parties, as well as decentralize legal and other services. Pi is dedicated to making it possible for regular people from all social classes to support the community's growth and the security of cryptocurrencies.

Overall, the Pi Network has made significant progress, including the release of Pi Connect, a new platform aimed at overcoming the current limitations of cryptocurrencies and providing users with valuable Pi price among other data. Using PiConnect, Pi Network users can conveniently, inexpensively, and securely engage in interoperable transactions with various blockchain networks.

Currently, the price of Pi Coin has dropped. The experts are predicting that it will soar again in a very short time. This gives the investors who purchase it at a low price level a chance to benefit from the rise in value. Moreover, currently, there is still a possibility for Indian residents and people across the globe to mine and earn free Pi Coins using only their phones.