The presidential inauguration of Donald Trump, scheduled for January 20, 2025, is attracting attention for potentially having a significant impact on the cryptocurrency market. In particular, cryptocurrency projects originating in the United States, including Pi Network, are thought to potentially receive an unexpected tailwind. While Mr. Trump has previously voiced criticism towards cryptocurrencies, there are also reports of large donations being made by blockchain companies within the U.S., making the future direction of policy a matter of great interest to industry stakeholders.

What is Pi Network?

Pi Network is a cryptocurrency project developed by SocialChain Inc., based in California. It is characterized by easy mining using a smartphone app and has rapidly expanded its user base built upon early users (Pioneers). Furthermore, there is a plan to transition to the Open Mainnet in the first quarter of 2025, raising expectations among many investors and Pioneers.

Pi Network’s Growth and Current Data

According to the latest internal data, the number of accounts that have completed KYC (Know Your Customer) and migration is said to be approximately 9.2 million. Additionally, there are a total of about 5.5 billion migrated coins, of which approximately 3.9 billion are locked, about 664 million are unlocked, and an estimated 294 million coins may have expired due to being unclaimed or past their deadline. Thus, a key feature of Pi Network is its construction of a large-scale user base and a unique decentralized ecosystem.

Impact of the Birth of the Trump Administration

Generally, the cryptocurrency market is significantly influenced by political and regulatory trends. The possibility of Mr. Trump acting as a “cryptocurrency supporter” is seen as potentially having a positive effect on the prices and investment environment of the entire crypto industry, including Pi Network. For example, if regulations are eased, cryptocurrency-related startups may find it easier to operate, potentially accelerating capital inflow into the market. Conversely, if policies shift towards stricter regulation, there is a risk of increased market concern.

Message Hidden in the “Key” Illustration?

An illustration depicting a key and an envelope, released by “diange,” a graphic designer and core team member of Pi Network, has become a major topic of discussion within the community. Many Pioneers speculate that this “key” might symbolize the start of the mainnet, i.e., “opening the door.” While the artist has not yet revealed detailed information, the possibility of it appearing on the official app’s startup screen in the future is further increasing anticipation.

Posted Illustration
https://x.com/Pi_diange/status/1878423801303842866

When is the Open Mainnet?

Pi Network has stated its plan to launch the Open Mainnet in the first quarter of 2025, but there has been no official announcement regarding the specific date so far. However, with the appearance of “teasers” like the key illustration, it is speculated that preparations are steadily progressing behind the scenes. Given the considerable number of users and coin volume, the market impact when this project officially reaches its mainnet is something that cannot be ignored.

Pi Network Price Trends

Currently, Pi Network’s pre-market price is traded on various exchanges and communities, and in terms of market capitalization, it is reported to rank 3,603rd among the numerous cryptocurrency projects worldwide. The daily trading volume is also relatively stable, and there is a possibility of significant fluctuation depending on market sentiment after the inauguration of the Trump administration.

Advice for Investors

It is difficult to definitively state how much Mr. Trump’s inauguration and the start of the Pi Network mainnet will affect the price, as there are many uncertain factors. However, political and regulatory tailwinds can be one factor that drives up cryptocurrency prices. As an investor, it is advisable to consider the following points:

• Gather the latest news from reliable sources.
• Constantly check for updates announced on the official Pi Network app and social media.
• Manage your portfolio calmly without being swayed by excessive expectations.

Summary

Mr. Trump’s inauguration scheduled for 2025 has the potential to impact not only the regulatory environment in the United States but also the global cryptocurrency market. Among these, Pi Network is attracting significant attention due to its user scale and future potential, and following the posting of the “sturdy key” illustration, expectations for the mainnet launch have grown even more. Investors and Pioneers will be required to stay informed, assess the situation carefully, and keep their antennas up to not miss out on significant opportunities.

It cannot be denied that depending on future developments, there could be significant changes in Pi Network’s position and price. However, it is important to remember that the series of plans are not yet officially announced or guaranteed, and the cryptocurrency market itself has high volatility, so always be mindful of risk management.