What is Pi Coin? Pi Network vs. Others – A Beginner’s Guide

With the rising buzz around Pi Network, many people have doubts, while others hesitate to join. This guide simplifies the concept of Pi Coin for beginners and explains how it differs from other cryptocurrencies.

Pi Coin vs. Tokens – What’s the Difference?

If you’re stepping into the crypto world, it’s crucial to understand the difference between a coin and a token to avoid investment mistakes.

  • Coin: A standalone digital asset with its own blockchain (e.g., Bitcoin, Ethereum, BNB, XRP). It functions as a currency or a store of value. Simply put, it’s the native coin of its blockchain.
  • Token: A digital asset built on an existing blockchain (e.g., USDT, SHIB, DOGE, PEPE). It represents an asset or utility within a specific project. In simple terms, it’s a token deployed on another blockchain.

When analyzing Pi Coin, it should be compared to other coins with their own blockchains (e.g., Bitcoin, Ethereum, BNB), not tokens that rely on another blockchain (e.g., USDT, SHIB, DOGE). If someone compares Pi to tokens instead of coins, they either misunderstand the concept or are misinformed.

What Are Pi Coin and Pi Network?

Pi Coin is the native cryptocurrency of Pi Network. When discussing Pi Coin, we must consider that it’s a part of an entire ecosystem, which includes various utilities like dApps, software, domains, services, and more.

Unlike tokens that can lose value overnight, Pi Coin is unlikely to disappear because it serves as the foundation of a growing blockchain network. Even if its price drops to $0.1, Pi Coin retains intrinsic value, similar to how Bitcoin, Ethereum, and BNB have fluctuated before stabilizing and increasing in value over time.

Pi Network’s goal is to establish a self-sustaining ecosystem that supports real-world utilities. Building such a system takes time—potentially decades, not just a few years. While it may seem unrealistic to some, this is the direction the blockchain industry is heading, and Pi Network is playing a role in shaping that future.

How to Use Pi Coin and Maximize Its Potential

If you want to trade Pi Coin, the easiest strategy is spot trading (buy low, sell high). However, the smarter approach requires patience, knowledge, and foresight.

Many pioneers will sell their Pi at any price, but if you hold onto your Pi Coin, you may benefit long-term. Here’s why:

  • Pi Coin is essential for transactions within the Pi ecosystem.
  • Users need Pi Coin to pay gas fees for transactions, building dApps, opening stores, buying/selling items, and more.
  • Currently, the gas fee inside Pi Network is 0.01 Pi.
  • If Pi’s price increases in the future, holding onto Pi now could save you significant costs on gas fees later.

For example:

  • Today, if 1 Pi = $0.83, the gas fee (0.01 Pi) = $0.0083.
  • If Pi reaches $100, the same gas fee (0.01 Pi) = $1.
  • If you hold Pi at a lower price, you avoid higher transaction costs later.

Note: These values are for illustrative purposes and may fluctuate over time.

Debunking Myths: Is Pi Coin a Scam?

Anyone spreading rumors that Pi is a scam or worthless without factual evidence is either uninformed or influenced by misleading sources. Many skeptics have lost money investing in unreliable tokens and now generalize their experiences across all cryptocurrencies.

Unfortunately, social media is full of misleading opinions, especially on YouTube, X (Twitter), Binance Square, and Reddit. Some influencers spread negativity just to attract views and ad revenue.

What Should You Do?

  • Always conduct your own research before believing online claims.
  • Verify facts from reliable sources instead of blindly trusting opinions.
  • Think like a long-term investor—wealthy individuals seek informed advisors, not random online speculators.

Conclusion

Pi Network represents a long-term vision in the blockchain space. While skepticism is natural, proper research and understanding are key to making informed decisions. Pi Coin is not just another token—it’s the foundation of an entire ecosystem with strong future potential.

If you have questions about Pi Coin and its migration to the mainnet, feel free to leave a comment or reach out through the official channels.

Final Thought

Blockchain technology is evolving, and Pi Network is part of this transformation. Whether you choose to invest or participate, make sure your decisions are based on knowledge, not fear or misinformation.

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