OKX estimates that the opening price of Pi coin will be 2 US dollars. Will FDV's market value become the fourth largest and surpass USDT?

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After more than six years of waiting, the Pi Network will officially open its on this (20th) afternoon at 4 o'clock, and will be simultaneously listed on well-known exchanges such as OKX, Pionex, and MEXC... (CoinW and Gate will list the perpetual contract at 16:00)

Currently, the OKX exchange has entered the call auction stage at 3 pm, and the official website shows that the expected opening price is $2. If calculated based on this, the fully diluted valuation (FDV) will reach $200 billion, surpassing USDT to become the fourth largest token by FDV market cap on the entire network. (However, BlockTempo reminds that the opening price may experience significant volatility after the market opens.)

The official explanation: The PI/USDT spot listing will adopt a call auction mechanism, and the call auction time will be 1 hour.
OKX is using a call auction mechanism, and you can place orders at your desired price according to the predetermined trading parameters before the new trading pair officially starts trading. The trading system will process all submitted orders based on the call auction rules and calculate a reference opening price based on these submitted orders.

👉 Latest in 2025》What is Pi Coin? Can you mine it on your phone? KYC risks before launch, how to trade, and supply overview

Current circulating supply of Pi Coin

According to the Pi Blockexplorer data, the current supply status of Pi Coin is as follows:

  • Total mining rewards (migrated): 6.307 billion
  • Currently locked mining rewards: 4.711 billion
  • Unlocked circulating supply: 1.595 billion
  • Circulating supply: 6.307 billion
  • Total supply: 9.703 billion
  • Maximum supply: 100 billion

PI
2.93%
Sector:
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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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