Pi Network Mainnet Launched | Pi Network New Latest Today | Pi Coin Price | Pi Coin Selling
Pi Explorer and On-Chain Metrics
New Display Features:
The official website now features an updated Pi Explorer (sometimes referred to as the “Pie Explorer”). Here, users can view various on-chain statistics:- Total Pi Count: Overall number of Pi coins.
- Migrated and Locked Mining Rewards: Data now includes both the migrated mining rewards and the current locked mining rewards.
- Circulating Supply: A new metric shows how many coins are unlocked and available for trading.
- Maximum Supply: The explorer also shows the total maximum supply (around 97–100 billion Pi coins).
Purpose:
These updates give users more transparency about how many coins exist, what portion is unlocked, and the overall state of the network.
4. Co-founder’s Update and Technical Changes
Video Announcement:
Chang Dong, one of the co-founders of Pi Network, released a video explaining the changes. In it, he confirmed the main net launch and discussed:- Firewall Adjustment: A firewall was installed and later removed to allow for external connectivity.
- Main Net Functionality: He clarified what “main net” means for the network and what changes users can expect going forward.
5. Exchange Listings and Trading Options
Exchange Integration:
With the main net live, Pi coin is expected to be listed on several crypto exchanges. The article mentions three exchanges that have completed KYC procedures:- Official Exchange Listings:
Exchanges like OKX, Bitget, and one more (the text mentions a third but names are less clear) are now part of the official list.
- Official Exchange Listings:
Price Visibility and Trading:
The current price of Pi coin is visible on the platform. Users are now able to buy, sell, or trade the coin based on the updated exchange listings.- User Guidance:
The narrator advises users to check the exchange details (like deposit addresses) carefully if they plan to trade, and notes that guidance on depositing and selling has been provided in previous videos.
- User Guidance:
6. Ecosystem Developments and Future Applications
Ecosystem Expansion:
Plans for the ecosystem include the eventual launch of an app where users can spend Pi coin for online shopping, goods, and services. However, these features are still in development and not yet available.Current Focus:
The focus remains on the main net and ensuring all on-chain activities (like transaction records and coin statistics) are fully transparent and updated.
7. User Guidance and Best Practices
Migration and Checklist Completion:
Users are encouraged to complete the main net checklist. This is a key step to ensure that migration (from testnet to main net) happens smoothly.Holding vs. Trading:
There’s advice circulating among community members:- Holding Strategy:
Some users recommend holding onto Pi coins—even if prices dip—for a future profit when the market becomes bullish. - Trading Advice:
If you’re considering trading, follow the official guidance and ensure you use the updated exchange listings to avoid unofficial, inaccurate pricing.
- Holding Strategy:
Stay Updated:
The narrator reminds everyone to subscribe to channels and turn on notifications to receive timely updates, as the situation with the network and its applications continues to evolve.
Conclusion
The Pi Network main net launch on February 20 brought several significant updates:
- The reintroduction of the main net checklist for guided user participation.
- An enhanced Pi Explorer that now displays detailed on-chain statistics.
- Official confirmation from a co-founder along with technical updates to ensure external connectivity.
- The initial listing of Pi coin on reputable exchanges, opening up trading opportunities.
- Future plans to develop a comprehensive ecosystem app where Pi coin can be used for everyday transactions.
Understanding these changes is crucial for users who want to participate actively in the network and make informed decisions about holding or trading Pi coin.