1. Overview of the Pi Network Project

Pi Network is a crypto project created in 2019 by a team of Stanford PhDs, aiming to make cryptocurrency mining accessible to everyone through mobile phones. Its slogan, “the first digital currency you can mine on your phone,” emphasizes its easy onboarding via a free, lightweight mobile app. Unlike traditional blockchains, Pi adopts a Byzantine Fault Tolerance consensus algorithm, using a distributed trust graph to ensure security. Users (called “Pioneers”) simply click a button daily to receive Pi rewards. The project was founded by Stanford PhDs Nicolas Kokkalis and Chengdiao Fan, among others, with the vision of building a decentralized ecosystem involving tens of millions of everyday users by lowering the entry barriers to crypto.

Source:Pi Network

2. Background and Supply Mechanism of Pi Coin

As the native token of the Pi Network ecosystem, the issuance of Pi Coin is fundamentally different from traditional ICO tokens. Instead of being offered through public fundraising, Pi coins have been gradually acquired by users through mobile mining since 2019. When the Pi Network launched its mainnet, it pre-minted 100 billion Pi coins as the theoretical maximum supply. Of this, 65% (65 billion) was allocated to the community as mining rewards, 20% (20 billion) to the core team, 10% reserved for the foundation, and another 5% for liquidity purposes to support ecosystem development. It’s important to note that the 100 billion figure is a cap—the actual circulating supply depends on user mining output and migration.

Source:Coinmarketcap

Pi Network uses a gradually decreasing mining output model. Early users enjoyed faster mining rates, which decrease exponentially as the network’s total Pi coin supply approaches the cap. Moreover, only Pi that has undergone KYC verification and been migrated to a mainnet wallet is considered part of the circulating supply. Since many users have yet to pass KYC, the actual on-chain migrated Pi coin volume is significantly lower than the theoretical output.

As of early 2025, the effective total supply on the Pi mainnet (extrapolated based on the amount of migrated and circulating Pi) is approximately 11 billion coins, with an actual circulating supply of about 6.9 billion. Compared to the 100 billion maximum supply, this remains very low, suggesting that supply may continue to increase as more users complete KYC and migrate their Pi to the mainnet. However, some users may abandon the KYC process or remain inactive for extended periods, meaning a portion of Pi may never enter circulation, thus reducing the effective supply.

Source:CoinGecko

It is worth noting that Pi coin distribution emphasizes fairness and broad participation. All users must be invited to gain mining qualifications and are required to form a “Trust Circle” within the network to enhance its security. The more new members a user invites, the higher their mining rate (“Ambassador” rewards). This multi-level referral mechanism has raised some concerns and has been misunderstood by a few as a pyramid scheme. However, the Pi team clarifies that this model is designed purely to encourage community growth and secure network construction, without requiring any financial investment.

3. 1000 Pi in Euro: Current Conversion and Logic

Following the February 2025 mainnet launch and lifting of network restrictions, Pi can now be freely traded, with its market price determined by supply and demand. So, how much is 1000 Pi in Euro?

According to the latest data as of mid-April 2025, the price of 1 Pi is approximately €0.56. This real-time quote comes from exchanges and reflects the token’s market value. With this unit price, calculating the euro value of 1000 Pi is straightforward:

Current valuation: 1 Pi ≈ €0.56
Therefore, 1000 Pi ≈ €560

This means that at the current market price, converting 1000 Pi would yield roughly €560. This is the direct answer to “1000 Pi in Euro.”

Source:Gate.io

However, Pi’s price is subject to volatility. Since the mainnet opened for trading, Pi has experienced significant fluctuations. On February 20, during its initial hours of trading, Pi spiked to nearly $2.00 (≈€1.85), before quickly dropping to around $1.00.

Here’s a simulated table showing the potential value range of 1000 Pi at different price points:

The above table illustrates the approximate valuation range of 1000 Pi in Euro, from pessimistic to optimistic scenarios. At the current price, 1000 Pi is worth just over €500. If Pi rises to €1, then 1000 Pi would equal €1000. In an ultra-bullish scenario where Pi surges to €10, 1000 Pi would be worth €10,000.

Of course, more pessimistic outcomes are possible—for example, if the price falls to €0.10, then 1000 Pi would be worth just over €100. These scenarios are not price forecasts but rather meant to help readers understand the value of 1000 Pi under different price levels. Actual market performance is influenced by a variety of factors, which we’ll explore next.

4. Factors Influencing Pi Price

The market price of Pi coins not only determines the conversion result of 1000 Pi in Euro but also reflects the market’s expectations for the Pi Network project. Since trading opened, the price of Pi has been influenced by multiple factors:

• Mainnet Progress and Ecosystem Implementation: The opening of the mainnet marks the starting point for Pi Coin’s value realization. In practice, every major milestone achieved by the Pi Network impacts market sentiment. For instance, when the official launch date of February 20, 2025, was announced, Pi’s off-market price reportedly surged by about 80% (from approximately $0.5 to $0.9). Conversely, during the Pi Network’s 6th anniversary in March 2025 (Pi Day), the team introduced features such as .pi domain auctions and the PiFest shopping festival, but market response was relatively muted, and Pi’s price actually declined. This indicates that real utility and demand must materialize for positive news to effectively support the coin price.

• Supply and Demand Dynamics: Pi’s unique issuance model leads to phased supply releases. At the start of the open network phase, around 6.9 billion Pi entered circulation. As more users complete KYC, circulating supply is expected to rise. This means that potential selling pressure is gradually being released—some early adopters accumulated thousands or even tens of thousands of Pi and may now choose to cash out portions of their holdings post-mainnet, increasing sell-side pressure. This was one key reason for the continuous price decline in the weeks following the opening of trading in February. However, increasing supply doesn’t necessarily mean long-term devaluation, as the expanding Pi community also brings in new buyers and investors, contributing to growing demand.

• Community Confidence and Expectations: Pi Network has a massive global community, and many “Pioneers” hold long-term confidence in the coin’s value. This collective community belief acts as a form of soft support for the price. Recently, community discussions around mainnet unlock schedules and ecosystem project launches have been lively, reflecting broader expectations for Pi’s medium-to-long-term value.

• Macro Environment and Competition: As a Layer-1 blockchain project, Pi Network is also affected by broader market conditions. Between 2022 and 2023, the crypto market experienced significant volatility, and investor risk appetite shifts can impact newly listed coins like Pi. If mainstream cryptocurrencies like Bitcoin enter a bearish trend, Pi may also come under pressure. Additionally, other large-scale airdrop projects (such as SafeMoon) have experienced boom-and-bust cycles, leading the market to price in potential risks for Pi based on historical comparisons. On the other hand, if Pi Network can establish itself in the competitive public blockchain space (where mature ecosystems like Ethereum, BSC, and Solana exist) and demonstrate strong user value conversion, investor confidence will rise significantly, offering the potential for a revaluation.

In summary, Pi’s price is shaped by many interrelated factors. For holders concerned about the value of “1000 Pi in Euro,” it’s crucial to monitor Pi Network’s project developments, supply-demand shifts, and the broader crypto market trends. Rational investors should consider both fundamentals and market sentiment, rather than relying solely on community rumors or emotional impulses.

5. User Guide: How to Obtain Pi and Use Its Value

For newcomers and readers interested in the Pi Network, one common question is: Is there still an opportunity to participate in Pi now? How can one obtain Pi coins, and how can the value of 1000 Pi in Euro be best utilized? Below are some helpful guidelines:

• The most fundamental way to obtain Pi coins is still through mining via the official app. Currently Pi Network application The Pi Network app is available for free download on major mobile app stores. Registration requires an invitation code (which can be obtained from existing community members). After registering and completing phone number or Facebook verification, users can begin mining as a “Pioneer.”

• Purchasing Pi coins through an exchange: If you do not want to wait for the long mining process, or want to immediately hold Pi for market investment, you can also choose to directly purchase PI coins on Gate.io exchange, for more information, please refer to Gate.io Purchase PI TutorialIt is worth mentioning that obtaining Pi coins through major platforms such as Gate.io is not only fast and reliable, but also provides the latest information and market reminders, which is very helpful for grasping the changes in the value of 1000 Pi in Euro.

• If you don’t want to wait through the long mining process or want to immediately hold Pi for market investment, you can choose to purchase PI coins directly on the Gate.io exchange. For more details, refer to the Gate.io PI buying tutorial. It’s worth noting that acquiring Pi coins through major platforms like Gate.io is not only fast and reliable but also provides access to the latest news and price alerts, which helps you stay informed about the changing value of 1000 Pi in Euro.

-While enjoying the benefits brought by the Pi Network, it is equally important not to overlook risk education. Since Pi Coin is still in the early stages of price discovery, it is highly volatile, and the value of holding 1,000 Pi coins may experience significant fluctuations in the short term.
For ongoing learning, it is recommended to regularly visit Gate.io’s information section, Gate Learn, Gate Learn or the official Pi Network blog to stay updated on the latest project developments and market insights.

• Now that Pi coins are tradable, effectively utilizing tools provided by trading platforms is essential. Gate.io offers a variety of features such as price alerts, recurring investment plans, and staking and lending services. You can also use your Pi holdings on Gate.io for lending or financial products to earn interest. However, it’s important to carefully review the terms and potential risks of these services.
  Overall, making good use of exchange tools can help you better manage and grow the value of your Pi assets.

In conclusion, whether you’re accumulating Pi through mining, purchasing it from an exchange, or using it for consumption and ecosystem participation, the key is to thoroughly understand the project and maintain a rational mindset.

6. Conclusion

Through the above analysis, we learned that 1000 Pi coins are currently worth about 560 euros in the market, but this is only the instant situation in April 2025. Opportunities come with risks, investing in Pi coins still requires caution, timely information acquisition, and choosing legitimate channels for trading. As experienced cryptocurrency investors, we recommend you download Gate.io Official AppKeep track of Pi coin prices at any time and ensure trading security. Through the Gate.io app, you can set price alerts to seize key moments of 1000 Pi coin value changes; and use the professional charts and information provided by the platform to make in-depth judgments on market trends.

In addition, if you wish to systematically learn blockchain knowledge and improve investment skills, you may visit Gate Learn Learning PlatformAccess comprehensive crypto courses and the latest research reports. In short, grasp authoritative information and tools, actively participate in community building, to better embrace the future value growth journey of Pi Network.