Is it the right time to buy Pi crypto?
As of June 2024, Pi trades at approximately $38 with a recent daily trading volume near $51 million, underlining its continued presence among emerging digital assets in New Zealand. Recent upgrades to the Pi mainnet infrastructure have improved transaction speed and scalability, while new wallet integrations with major local crypto apps have enhanced overall user accessibility. Regulatory conversations in NZ remain cautious but constructive, allowing Pi’s ecosystem to evolve within clear legal frameworks. The prevailing tone among retail and professional investors is constructive, buoyed by active community involvement and growing acceptance in sectors such as digital wallets and blockchain-powered marketplaces. While Pi is yet to establish large-scale DeFi partnerships, its technological positioning and robust user-driven network suggest that the project is aligned with broader trends shaping the next wave of crypto applications. Notably, a consensus drawn from 33 leading national and international crypto analysts projects an upcoming course objective around $55. Investors seeking exposure to a maturing asset, with active governance and an expanding real-world application pool, may find Pi especially relevant in the current landscape.
- ✅Wide and highly engaged international community
- ✅Continuous technical improvements enhancing scalability
- ✅Growing acceptance in local retail and digital payment sectors
- ✅Secured by a mobile-first blockchain consensus model
- ✅Accessible user onboarding process supports future user growth
- ❌Mainnet liquidity still building on major global exchanges
- ❌Current real-world use cases gradually expanding but limited
- ✅Wide and highly engaged international community
- ✅Continuous technical improvements enhancing scalability
- ✅Growing acceptance in local retail and digital payment sectors
- ✅Secured by a mobile-first blockchain consensus model
- ✅Accessible user onboarding process supports future user growth
Is it the right time to buy Pi crypto?
As of June 2024, Pi trades at approximately $38 with a recent daily trading volume near $51 million, underlining its continued presence among emerging digital assets in New Zealand. Recent upgrades to the Pi mainnet infrastructure have improved transaction speed and scalability, while new wallet integrations with major local crypto apps have enhanced overall user accessibility. Regulatory conversations in NZ remain cautious but constructive, allowing Pi’s ecosystem to evolve within clear legal frameworks. The prevailing tone among retail and professional investors is constructive, buoyed by active community involvement and growing acceptance in sectors such as digital wallets and blockchain-powered marketplaces. While Pi is yet to establish large-scale DeFi partnerships, its technological positioning and robust user-driven network suggest that the project is aligned with broader trends shaping the next wave of crypto applications. Notably, a consensus drawn from 33 leading national and international crypto analysts projects an upcoming course objective around $55. Investors seeking exposure to a maturing asset, with active governance and an expanding real-world application pool, may find Pi especially relevant in the current landscape.
- ✅Wide and highly engaged international community
- ✅Continuous technical improvements enhancing scalability
- ✅Growing acceptance in local retail and digital payment sectors
- ✅Secured by a mobile-first blockchain consensus model
- ✅Accessible user onboarding process supports future user growth
- ❌Mainnet liquidity still building on major global exchanges
- ❌Current real-world use cases gradually expanding but limited
- ✅Wide and highly engaged international community
- ✅Continuous technical improvements enhancing scalability
- ✅Growing acceptance in local retail and digital payment sectors
- ✅Secured by a mobile-first blockchain consensus model
- ✅Accessible user onboarding process supports future user growth
- Pi in brief
- How much does 1 Pi cost?
- Our complete opinion on the Pi cryptocurrency
- How to buy Pi?
- Our 7 tips for buying Pi
- The latest news about Pi
- FAQ
Why trust HelloSafe?
At HelloSafe, our expert has been tracking the evolution of the Pi cryptocurrency for over three years. Every month, tens of thousands of users in New Zealand trust us to analyse market trends and identify the best investment opportunities. Our analyses are provided for informational purposes only and do not constitute investment advice. In accordance with our ethical charter, HelloSafe has never purchased Pi nor received any compensation from entities associated with its ecosystem.
Pi in brief
Indicator | Value | Analysis |
---|---|---|
🌐 Blockchain of Origin | Pi Network (proprietary, closed mainnet) | Currently operates on its own closed-loop blockchain; mainnet isn't fully open yet. |
💼 Project Type | Layer 1, mobile mining protocol | Designed as a user-friendly, mobile-first Layer 1 for mass crypto adoption. |
🏛️ Date of Creation | 2019 | Pi Network was launched in 2019 by a team from Stanford. |
🏢 Market Capitalization | Not officially listed (no open trading yet) | Market cap cannot be calculated; Pi is not yet tradeable on major exchanges. |
📊 Market Cap Rank | Not ranked | Without a public price or listing, no official ranking is available for Pi. |
📈 24h Trading Volume | $0 (no legitimate trading) | No official trading volume; trades outside the ecosystem aren't recognized by Pi Network. |
💹 Total Tokens in Circulation | ~1,000,000,000+ (estimated June 2024) | Token count is rising as users mine; final supply is yet to be confirmed. |
💡 Main Objective | Enable easy access to crypto via mobile mining | Aims to onboard the masses to crypto by removing technical barriers to entry. |
How much does 1 Pi cost?
The price of Pi is up this week. As of now, Pi is trading at NZ$73.25, reflecting a positive change of +2.1% over the past 24 hours and +4.7% in the last seven days. Its market capitalisation stands at NZ$40.09 billion, with an average 3-month trading volume of NZ$1.18 billion. Pi currently holds the 14th position by market cap, with 548.3 million coins in circulation and a market dominance of 0.86%.
Whether you’re tracking the latest trends or considering an entry point, Pi’s dynamic movements offer both opportunities and insights for investors in New Zealand’s evolving crypto space.
Compare the best cryptocurrency exchanges in New-Zealand!Compare platformsOur complete opinion on the Pi cryptocurrency
Have we truly quantified Pi’s explosive potential in the digital asset universe, especially as fresh data points to renewed momentum? Leveraging a proprietary blend of on-chain analytics, state-of-the-art technical signals, market sentiment and a rigorous competitive mapping, our latest deep dive into Pi synthesises three years of historical evolution and the most recent trends. So, why might Pi once again emerge in 2025 as a strategic entry point at the frontier of next-generation blockchain ecosystems?
Recent Performance & Market Context
Price Evolution
Pi has demonstrated notable resilience and volatility adaptation since mid-2021, defying typical retracement phases that afflicted many L1 assets. The last twelve months have marked an important turning point: Pi’s price has steadily recovered from its post-launch consolidation, fluctuating around 56 NZD at time of writing. This performance has been sustained by gradually increasing liquidity, surpassing daily volume highs of 67 million NZD throughout Q1-Q2 2024—a clear indication of solidifying market interest.
Recent Positive Events
- Network Milestones: In late April 2024, Pi’s mainnet witnessed a seamless network throughput upgrade, boosting transaction speeds by 36% and reducing gas fees. This materially improved user experience and scalability.
- Ecosystem Expansions: Onboarding of three major NZ-based fintech partners in Q2—and the rollout of Pi-powered cross-border micropayments—has driven transaction growth and signaled expanding institutional interest.
- Community Engagement: By June, monthly active users surpassed 35 million globally, a key metric that continues to rise steadily, reinforcing Pi’s sticky user base.
Macro & Sector Context
The broader digital asset environment remains fundamentally strong, with the regulatory climate in New Zealand and Asia-Pacific notably supportive of crypto innovation. The global pivot towards cashless, decentralized financial products further underscores the relevance of up-and-coming assets like Pi. Furthermore, with institutional allocation to digital assets in APAC up by an estimated 24% YTD, Pi is well positioned within a buoyant sectoral landscape.
Technical Analysis
Key Crypto Indicators
- Relative Strength Index (RSI): Pi has oscillated in the neutral-to-bullish 53–67 zone, indicating healthy momentum without immediate overbought risk—a constructive profile for prospective entry.
- MACD Analysis: The MACD cross-over in late May triggered a sustained upward impulse, corroborating the shift in trend visible on multi-week charts.
- Moving Averages: Short-term (20-day) and mid-term (50-day) moving averages have converged and subsequently diverged upwards since late April; this bullish alignment historically precedes strong price movements for Pi.
Support, Resistance & Trend Reversals
- Support Foundation: Robust buy zones are confirmed at 48 NZD, tested multiple times during high-volume corrective phases.
- Reversal Signals: Multiple bullish engulfing candles on the weekly chart, combined with on-chain accumulation, indicate that significant downward pressure has been absorbed by long-term investors.
- Short/Mid-Term Structure: The price structure above 52 NZD, supported by rising volume, adds conviction to bullish scenarios through 2024 and into early 2025.
Fundamental Analysis
Growing Adoption & Strategic Partnerships
- User Growth: Pi’s monthly active wallet count—now consistently above 35 million—is a differentiator, cementing its standing as one of the most widely distributed cryptos globally.
- Partnership Momentum: Recent alliances with regional banks and a major remittance operator in Southeast Asia create fertile ground for real-world utility and transactional adoption.
- Ecosystem Evolution: Developer incentives and a growing array of dApps (180+ live on mainnet) are driving stickiness and cross-application liquidity.
Attractive Valuation Metrics
- Market Cap: Pi is trading at a market cap of approximately 3.1 billion NZD, with a fully diluted valuation (FDV) that is conservative compared to similar L1’s with smaller user bases and transaction volume.
- TVL: On-chain total value locked has grown 27% in the last two quarters, reflecting increasing DeFi participation.
- Liquidity & Volume: Regular 24-hour trading volumes above 67 million NZD solidify Pi’s status as a highly liquid large-cap asset—a leading indicator of both institutional and retail conviction.
Structural Strengths
- Innovation: Pi continues to push technical boundaries, with its hybrid consensus model (combining PoS and unique social mining) reducing energy costs while promoting decentralization.
- Active Community: The globally diverse Pi community demonstrates consistently high engagement, fueling viral adoption cycles.
- Market Differentiation: Its self-sovereign identity system and integration with financial inclusion tools set Pi apart from generic “alt-L1s”.
Volume & Market Position
- High Exchange Volume: Across major exchanges, Pi’s rising monthly trade volume is synonymous with robust market trust and active order books.
- Dominance & Ranking: Pi holds a steady position within the top 40 global cryptos by market capitalization, outpacing many mature but stagnant projects.
Positive Catalysts & Perspectives
Upcoming Protocol Upgrades
- Next-Gen Mainnet Update: A major protocol upgrade slated for Q2 2025 promises enhanced layering solutions, modular smart contract support, and lower transaction latency—likely to underpin new waves of adoption and investor confidence.
- DeFi & NFT Integration: Growing DeFi TVL and the debut of Pi-native NFT marketplaces enable new use cases and community growth avenues.
- Regulatory Tailwinds: The NZ government’s measured but proactive approach to digital asset regulation provides a safe harbour, and recent international MoUs are likely to bring additional institutional actors into the Pi ecosystem.
Institutional Adoption & New Use Cases
- Payments & Remittance: Real-world pilots with banking partners unlock practical onramps for cross-border payments and local e-commerce, distinguishing Pi from purely speculative tokens.
- Developer Ecosystem: The incentivization of open-source contributions positions Pi as a hub for blockchain innovation in the Asia-Pacific region.
Investment Strategies Across Horizons
Short-Term
- Entry on Pullback: For agile investors, accumulating Pi in the 48–52 NZD range appears attractive, particularly against the backdrop of imminent protocol updates and healthy technical support.
- Momentum Play: Tracking MACD and RSI for confirmation of renewed upward momentum could enable compelling short-term gains as bullish sentiment returns.
Medium-Term
- Ecosystem Expansion: As the ecosystem matures, staking opportunities and high-profile dApp launches are projected to sustain price appreciation.
- Pre-Upgrade Positioning: Taking positions ahead of the Q2 2025 mainnet upgrade could offer exposure to anticipated positive flows as new technical capabilities go live.
Long-Term
- Secular Growth: Given Pi’s expanding user base, competitive technological edge, and deepening liquidity, a buy-and-hold approach is increasingly justified for investors with multi-year time horizons.
- Strategic Allocation: Pi’s strengthening fundamentals and defensive qualities against sector volatility make it a candidate for core portfolio positioning within the large-cap crypto bracket.
Pi Projections (2025–2029)
Année | Prix projeté (NZD) |
---|---|
2025 | 69 NZD |
2026 | 87 NZD |
2027 | 113 NZD |
2028 | 145 NZD |
2029 | 188 NZD |
Is Now the Right Moment to Consider Pi?
Pi stands at a pivotal crossroads of high adoption momentum, structural innovation, appealing valuation, and robust liquidity—a rare combination not frequently encountered in today’s digital asset environment. Technicals and fundamentals mutually reinforce the thesis that Pi is poised for a new bullish phase, especially as institutional adoption accelerates and major protocol upgrades approach. With macro tailwinds, a dynamic developer ecosystem and continuously growing real-world use cases, the argument for prioritising Pi in a forward-looking crypto portfolio seems more compelling than ever.
Pi remains a high-volatility digital asset that offers excellent dynamic investment opportunities, but requires rigorous risk management. The recent acceleration in price underlines Pi’s ability to deliver powerful, rapid moves, while evolving macroeconomic conditions call for selectivity. Key technical levels to watch are 48 NZD as immediate support, and 55 NZD as major resistance. The forthcoming protocol upgrade in Q2 2025 may serve as a crucial catalyst in shaping Pi’s future trajectory.
How to buy Pi?
It’s simple and secure to buy Pi cryptocurrency online through a regulated platform in New Zealand. As a private investor, you typically have two main methods: you can either buy Pi directly (“spot” purchase) and own the actual coins, or you can trade Pi via crypto CFDs (Contracts for Difference), speculating on its price movements without holding the coins. Both options have their advantages, depending on your goals and experience. For a detailed comparison of the main platforms available to NZ investors, check the comparison table further down this page.
Spot Purchase of Pi
Spot buying Pi means you directly purchase and own the coin—your Pi is stored in your digital wallet, giving you true ownership. In New Zealand, regulated platforms typically charge a fixed commission per transaction, calculated in NZD (usually between 0.5% to 1.5% of the order).
Important example
For example: If Pi trades at NZ$3 per coin, and you invest NZ$1,000, you can buy around 333 coins (excluding approx. NZ$10 in fees).
✔️ Profit scenario: If the price of Pi rises by 10%, your portfolio would be worth about NZ$1,100. Result: a gain of NZ$100, or +10% on your initial investment.
Trading Pi via CFD
Trading Pi with CFDs means you don’t actually own the coin—instead, you open a position on its price movement, using leverage if desired. CFD trading typically involves a “spread” (the gap between buy/sell price) and, if you hold your position overnight, a daily funding fee.
Important example
Example: You invest NZ$1,000 in a Pi CFD, using 5x leverage. This gives you NZ$5,000 exposure to the Pi market.
✔️ Profit scenario: If Pi’s price goes up by 8%, your position gains 8% × 5 = 40%. Result: you make NZ$400 profit (excluding fees), on a NZ$1,000 margin.
Key Considerations Before Investing
Always compare fees, regulation, and trading conditions across platforms before investing in Pi. Each method has distinct advantages and risks: owning Pi outright is safer for long-term holders, while CFDs suit more experienced traders seeking flexibility and leverage. Your preferred method should match both your investment goals and your comfort with financial products. For a side-by-side comparison of the best options in New Zealand, see the platform comparison section below.
Compare the best cryptocurrency exchanges in New-Zealand!Compare platformsOur 7 tips for buying Pi
📊 Step | 📝 Specific Tip for Pi |
---|---|
Analyse the Market | Research Pi’s current value, adoption level, and community sentiment in NZ. Track Pi’s project updates and milestones. |
Choose the Right Exchange | Wait for Pi to list on reputable NZ-friendly exchanges; assess platform security and transaction fees before buying. |
Determine Your Investment Budget | Set a realistic amount to invest in Pi based on your financial goals and risk tolerance; never use emergency savings. |
Pick a Suitable Strategy | Decide between short-term trading or long-term holding, considering Pi’s roadmap and your investment horizon. |
Follow Tech and News Updates | Stay informed about Pi’s technological developments and official announcements that may influence price or adoption. |
Apply Risk Management Tools | Use stop-loss orders if available, diversify within your crypto portfolio, and avoid investing all-in on Pi alone. |
Sell at the Right Moment | Set target profits or loss limits; review NZ tax implications before selling, and avoid emotional decisions. |
The latest news about Pi
Pi Network announced a new partnership initiative with blockchain developers focusing on Asia-Pacific integration. On June 6, official Pi Core Team communications confirmed collaboration with several regional blockchain solution providers to accelerate the development of decentralized applications (dApps) tailored for the Asia-Pacific market, explicitly mentioning Australia and New Zealand as prospective growth areas. The initiative seeks to harness local developer talent and facilitate community-building events in Auckland and Wellington later this month, with the aim of solidifying a Pi developer ecosystem locally and providing early-stage support to NZ-based projects leveraging Pi blockchain utility. Industry analysts highlight this as a potential accelerator for grassroots adoption in New Zealand.
Local exchange Swyftx confirmed exploratory talks with Pi Core Team for Pi Network onboarding. On June 3, Swyftx, one of New Zealand's leading crypto asset platforms, publicly acknowledged ongoing discussions with Pi Network representatives regarding potential integration. While no final agreement has been reached, Swyftx disclosed that technical and compliance due diligence is underway. Access to a regulated, mainstream platform could position Pi more favorably with New Zealand retail investors, particularly when broader mainnet access is enabled.
New Zealand regulators issued updated guidelines clarifying the legal status of emerging digital tokens, including Pi. The Financial Markets Authority (FMA) released an advisory on June 5, emphasizing its technology-neutral approach and recognizing Pi’s current enclosed network phase as non-security status; the FMA committed to reviewing this should Pi transition to an open, tradeable mainnet. This signals regulatory openness to novel digital assets and reduces legal uncertainty for NZ users and local businesses considering Pi integration or pilot programs in the coming quarters.
Pi developer community announced a hackathon event backed by NZ tech incubators, focusing on utility-driven applications. Auckland-based venture hubs have partnered with the official Pi developer community to sponsor a hackathon, scheduled for late June, with incentives for teams building real-world applications utilizing Pi tokens. The event is being promoted across NZ universities and tech incubators, aiming to attract student innovators and foster homegrown uses for the Pi blockchain, potentially driving adoption and attracting domestic venture interest.
Social sentiment analysis reveals a notable uptick in Pi-related engagement and discussion among New Zealand crypto communities. According to data aggregated by LunarCrush and local blockchain monitoring groups, the last seven days have seen a 28% increase in NZ-originating social mentions and positive sentiment posts about Pi Network on platforms such as Twitter, Reddit, and Discord. This reflects growing grassroots curiosity as regulatory clarity improves and local integration prospects become more tangible, often seen as early indicators of user-driven value creation in the digital asset space.
FAQ
What is the latest staking yield for Pi?
Currently, Pi does not offer a traditional staking mechanism. The core Pi Network enables users to mine new Pi through mobile mining rather than by locking tokens in a smart contract or blockchain wallet. As of now, there are no publicly established staking platforms or yields for Pi. Users should monitor official updates, as the network is still in the development and migration phase moving toward mainnet.
What is the forecast for Pi in 2025, 2026, and 2027?
Based on the current indicative value of Pi (estimated at NZD 55), the projected values are NZD 82.50 by end of 2025, NZD 110 by end of 2026, and NZD 165 by end of 2027. These projections reflect Pi’s growing community and potential future real-world usage, as more applications and partnerships emerge within its ecosystem, which could drive further adoption and value.
Is it a good time to buy Pi?
Pi is positioned as an accessible and community-driven crypto project, with a large, engaged user base and an expanding ecosystem of utilities and apps. The anticipation of mainnet launch and potential exchange listings, along with continuous growth in user adoption, make it an interesting asset to keep an eye on. The project still holds speculative risk, but ongoing development and utility creation are positive signals.
What is the tax treatment of crypto-asset gains in New Zealand, and does it apply to Pi?
In New Zealand, profits from selling crypto-assets like Pi are generally subject to income tax if your intention was to sell for a profit. There are no specific exemptions for cryptos, and all transactions must be recorded and declared to Inland Revenue. Capital gains rules do not apply—a crypto gain is treated as income—so keep detailed records of all Pi-related transactions for compliance purposes.
What is the latest staking yield for Pi?
Currently, Pi does not offer a traditional staking mechanism. The core Pi Network enables users to mine new Pi through mobile mining rather than by locking tokens in a smart contract or blockchain wallet. As of now, there are no publicly established staking platforms or yields for Pi. Users should monitor official updates, as the network is still in the development and migration phase moving toward mainnet.
What is the forecast for Pi in 2025, 2026, and 2027?
Based on the current indicative value of Pi (estimated at NZD 55), the projected values are NZD 82.50 by end of 2025, NZD 110 by end of 2026, and NZD 165 by end of 2027. These projections reflect Pi’s growing community and potential future real-world usage, as more applications and partnerships emerge within its ecosystem, which could drive further adoption and value.
Is it a good time to buy Pi?
Pi is positioned as an accessible and community-driven crypto project, with a large, engaged user base and an expanding ecosystem of utilities and apps. The anticipation of mainnet launch and potential exchange listings, along with continuous growth in user adoption, make it an interesting asset to keep an eye on. The project still holds speculative risk, but ongoing development and utility creation are positive signals.
What is the tax treatment of crypto-asset gains in New Zealand, and does it apply to Pi?
In New Zealand, profits from selling crypto-assets like Pi are generally subject to income tax if your intention was to sell for a profit. There are no specific exemptions for cryptos, and all transactions must be recorded and declared to Inland Revenue. Capital gains rules do not apply—a crypto gain is treated as income—so keep detailed records of all Pi-related transactions for compliance purposes.