Pi Network

Pi Network

PI #55
CC 46% L1 Protocol Watch

Project Safety Score: 46%

Updated 4 minutes ago
Pi NetworkPI
Market Cap$1447687759
24hr Volume$11457447
24hr Change-0.1%
Price$0.13414580521997774
Coverage: 5 buckets · 100% resolved
Concerns raised - see Red Flags below
Scoring rubric: L1 / Protocol Coin - scored on network security, adoption, dev health, economic design, governance
Track
Record
71 BBB
100% · medium
Developer
Health
20 D
100% · medium
Network
Security
68 BB
100% · medium
Social
Behavioral
35 C
80% · low
Adoption
& Liquidity
37 C
100% · high

Community Rating

No votes yet
💩 Shitcoin
⚠️ Risky
🤷 Mid
Solid
Amazing

Log in or register to vote.

PI Pi Network Details
Type
Layer 1 (L1), Mobile Mining
Launched
2019
HQ
United States
Team
Doxxed
Layer 1 (L1)Made in USAMobile Mining

Pi Network is a social cryptocurrency and developer platform designed to facilitate digital currency mining through mobile devices. The project aims to create a currency that enables transactions for goods and services, moving beyond speculative trading. The network employs the Stellar Consensus Protocol and a Federated Byzantine Agreement to achieve consensus, relying on a global trust graph formed by user-created security circles.

Founded by Dr. Nicolas Kokkalis and Dr. Chengdiao Fan, both with doctorates from Stanford University, Pi Network is managed by Social Chain Inc. The ecosystem includes a native wallet, a browser, and a platform for decentralized applications. The PI token serves multiple purposes, including peer-to-peer exchanges and transaction fees, as well as supporting purchases in an internal marketplace and enhancing personal mining rates through staking and lockups. The project has emphasized organic community growth without showcasing external institutional investors.

Risk Report

Cryptocurrency carries risk. Every project listed on this site, regardless of its score, operates in a volatile and largely unregulated market. Tokens can lose most or all of their value. A high score reflects lower structural risk based on the data we can measure. It does not mean a project is safe, that the price will hold, or that losses are unlikely. Always research independently and never commit money you cannot afford to lose.

Track record score 70 out of 100. The project has a solid history of 7.3 years, indicating a level of longevity in the market. Notably, there have been no regulatory actions against it, translating to a good standing with regulators. However, it has experienced one historical incident and there are several red flags raised by research, signaling a need for caution despite the generally positive track record.

Economic design score 80 out of 100. Pi Network benefits from a clearly defined supply cap of 100 billion coins, which supports a structured economic model. While 65% of the total supply is already in circulation, this ratio still indicates a balanced distribution strategy, reinforcing the project's potential sustainability in the long term.

Developer health score 20 out of 100. The project exhibits weak developer engagement, highlighted by a lack of commits in the last month. Despite having a modest number of GitHub stars and forks, the absence of recent contributions can raise concerns about ongoing development and support for the network. This low engagement level could negatively impact future growth and innovation.

Network security score 68 out of 100. With a current market cap of approximately $1.83 billion, the project's economic security is somewhat compromised, given its relatively low score in this area. The chain is well-established at 7.3 years old, and there is a record of one historical incident. This suggests that while there are some security measures in place, there remain vulnerabilities that could pose risks.

Social behavioral score 35 out of 100. The project's social media presence is limited, with verified accounts like Twitter available but minimal audience data to analyze. While sentiment is generally positive, the presence of allegations against the project, along with reports of hacks, contributes to a concern regarding its reputation. This score reflects a need for improved engagement and transparency to bolster community trust.

Adoption liquidity score 42 out of 100. The project faces challenges in adoption liquidity, with a daily trading volume of approximately $22 million and several centralized exchange listings. While there are 19 exchanges in total, only a fraction is considered high-trust. This indicates room for growth in trading activity and investor confidence, which is vital for market stability.

Investing in Pi Network involves inherent risks typical in the crypto space. The project bears some negative flags related to historical incidents and scam allegations, which can create uncertainty among potential investors. Consequently, caution is advised, and thorough research is essential before any investment decisions.

  • Dr. Nicolas Kokkalis - Co-founder LinkedIn ↗
    Prior: Pi Network
    PhD in Computer Science from Stanford University.
  • Dr. Chengdiao Fan - Co-founder LinkedIn ↗
    Prior: Pi Network
    PhD in Computer Science from Stanford University.
View whitepaper ↗ (2025)
Quality: high
Max supply: null
Next unlock: null
  • 0.9
    Publicly called Pi Network a 'scam' and criticized its lack of a functional product and anonymous founders.
    Bybit CEO Ben Zhou · source ↗
  • 0.8
    Criticized Pi Network's technology, business model, and tokenomics, calling it a 'fraud'.
    Cyber Capital Founder Justin Bons · source ↗
  • market_manipulation 2025-05-20
    Over 12 million Pi tokens were dumped, causing a 50% price crash in hours.
  • Large user base with over 60 million users.
  • Open mainnet launched, allowing external trading of Pi tokens.
  • Active social media presence with millions of followers.
  • No recent code commits
  • Public scam allegations have been raised
  • Lack of transparency in user statistics and mining process.
  • Mandatory KYC process raises privacy concerns.
  • Absence of smart contracts and unclear tokenomics.

Price Chart - Pi Network

View on Chain

Discussion
0 comments
Log in or register to join the discussion.

No comments yet. Be the first to share your take.

85%
Profile Status
Data completeness
Some data missing
High confidence

Technical Analysis

Buy / Sell signals

Market Stats

All-Time High$2.99
All-Time Low$0.1189
Circulating10791897340
Total Supply16602918984

Community Sentiment

👍 90% 10% 👎

Recent News

Pi Network price falls below $0.13, hitting a new low amid bearish market pressure and rising exchange outflows.

general 1 source 1 day, 6 hours ago

Pi Network Upgrades App Staking Feature for Ecosystem Directory

general 1 source 1 day, 8 hours ago

Pi Network Records 1.2 Million Token Exodus From Exchanges In Single Day

market_crash 1 source 3 days, 12 hours ago

Pi Network DeFi Era Begins as DEX Adds Liquidity Pools

general 1 source 5 days, 1 hour ago

Pi Network Launches SLICE Test Token as PI Struggles at All-Time Lows

general 1 source 1 week ago

Pi Network Has Crashed: Will This Crypto Recover or Crash Further?

market_crash 1 source 1 week, 3 days ago

Pi Network Partner Launches Crypto Withdrawal to Hong Kong Bank Accounts

general 1 source 1 week, 3 days ago

BlockDAG's $0.01 contract, Pi Network, and Cardano: Evaluating the top crypto to buy for the best returns

general 1 source 1 week, 5 days ago

Pi Network: How A Viral Crypto Project With 60M Users Lost $18 Billion

general 1 source 1 week, 6 days ago

Pi Network's PI Token Rebounds After New ATL, BTC Quickly Reclaims $60K: Weekend Watch

general 1 source 2 weeks ago

Developer Activity

GitHub stars⭐ 2028
Forks545
Watchers367
PRs merged1
View on GitHub →

Pi Network GitHub