Pi Network Soars to No. 11 on CoinMarketCap with 4 Million X Followers

Pi Network, the innovative cryptocurrency project enabling mobile-based mining, has achieved a dual triumph: surging to No. 11 on CoinMarketCap and surpassing 4 million followers on X as of today. This milestone, celebrated by the Pi Core Team on X, follows the project’s Open Mainnet launch on February 20, 2025, which unleashed trading of its native Pi token on exchanges like OKX, Bitget, and MEXC. Boasting a global user base exceeding 60 million, Pi Network continues to captivate the crypto sphere, though its path has been marked by volatility and challenges.

Since its mainnet debut, Pi coin has seen dramatic price swings. It peaked at $2.98 on OKX with a trading volume of $3.5 billion, only to crash over 60% to $0.60 within hours—a textbook “sell the news” event. However, it has since stabilized, trading between $1.50 and $1.78 on OKX as of March 04, 2025, with today’s price likely holding within this range amid ongoing fluctuations. On CoinMarketCap, Pi’s ranking at No. 11 reflects a market cap of over $12 billion, surpassing established coins like Chainlink, Stellar (XLM), and Litecoin, fueled by a historic $12.6 billion airdrop—the largest in crypto history—and a fully diluted valuation (FDV) estimated at $12 billion, though its FDV hit $30 billion at its all-time high last week.

Despite its meteoric rise, Pi Network has encountered hurdles. Liquidity issues on OKX, including temporary withdrawal freezes post-launch, have sparked user frustration, with X posts describing the situation as chaotic. Analysts remain split: optimists predict a climb past $5 if listings on Binance—where a vote shows 86% support—or Coinbase occur, while skeptics highlight scam allegations and the token’s vast supply as risks to its value. Posts on X note Pi’s resilience, holding strong while the broader crypto market dips, cementing its No. 11 spot.

The 4 million X followers milestone underscores the fervor of Pi’s “Pioneers,” who see its community strength as a harbinger of longevity. Founded by Stanford PhDs Nicolas Kokkalis and Chengdiao Fan, Pi Network aims to democratize crypto through mobile mining, a vision bolstered by its social media surge. Speculation about future exchange listings continues to drive excitement, with some X users eyeing a potential $100 price if major platforms adopt it. For now, trading at $1.50-$1.78 on OKX and ranked No. 11 on CoinMarketCap, Pi remains a high-stakes contender in the dynamic crypto landscape, blending massive potential with notable risks.

Join Pi Network

Pi Network requires an Pi Network invitation code or Pi Referral Code, like Vivi7567, to join its ecosystem, a design choice rooted in its community-driven model. . By using Vivi7567, you tap into this network, helping validate transactions and expand the user base, now over 60 million strong as of 2025.