Unverified Price Action: The $0.21 price for Pi Coin appears only on low-volume, unregulated decentralized exchanges. This price lacks verification from major exchanges or trusted data aggregators.
⚠️ Market Data | 🔗 Source: CoinTrendsCrypto News Analysis
📊 Pi Coin Reality Check: Verified Data Only
All data verified through official exchange listings and regulatory sources as of December 23, 2025.
NEW YORK — Pi Coin (PI) has appeared at approximately $0.21 on several small decentralized exchanges (DEXs), according to unverified data aggregators. However, the token remains unavailable on all major regulated cryptocurrency exchanges including Binance, Coinbase, and Kraken, while U.S. regulatory authorities continue to warn about its unregistered status.
The price movement comes amid renewed social media activity from Pi Network community members, but industry experts caution that trading Pi Coin on unregulated platforms carries significant risks. Unlike established cryptocurrencies, Pi Coin has no verified market price from trusted sources, and its underlying blockchain (the Pi Mainnet) remains in a limited-access enclosed phase with no full public launch date announced.
Verified Facts vs. Market Noise
To provide clarity in this confusing landscape, we've compiled only verified information from official sources:
| Fact Category | Verified Status | Source |
|---|---|---|
| Exchange Listings | Pi Coin is not listed on any major regulated exchange (Binance, Coinbase, Kraken, etc.) | Official exchange websites |
| Regulatory Status | U.S. Securities and Exchange Commission (SEC) issued a warning in 2024 stating Pi Network's token offering was unregistered | SEC.gov |
| Blockchain Status | Pi Mainnet is in "Enclosed Mainnet" phase - not fully open to public transactions or transfers | Pi Network Official Site |
| Market Data | No verified price from CoinGecko or CoinMarketCap - only appears on low-volume, unverified DEXs | CoinGecko, CoinMarketCap |
The $0.21 price circulating on social media appears on small, unregulated decentralized exchanges with extremely low trading volumes (typically under $500,000 daily). These platforms often lack proper security measures and verification processes, making them susceptible to price manipulation and exit scams.
Critical Security Warnings from Experts
Leading blockchain security firms and regulatory bodies have issued specific warnings about trading tokens like Pi Coin on unverified platforms:
"Tokens trading on obscure decentralized exchanges with low volume are among the highest risk categories for investors. Many of these tokens cannot be transferred off the platform or converted to other assets, effectively trapping users' funds."
"The SEC has repeatedly warned about unregistered token offerings like Pi Network. Investors should be extremely cautious about any platform promoting trading of tokens that lack regulatory approval and transparent market data."
These warnings are particularly relevant for Pi Coin holders who may be tempted by the $0.21 price. Unlike Bitcoin or Ethereum, Pi Coin cannot be freely transferred between wallets or exchanges due to the enclosed status of its Mainnet. This creates a situation where apparent price gains may be entirely illusory.
Security experts strongly recommend: never use your primary wallet keys with unverified DEXs, never send funds to "withdrawal fee" requests, and always verify exchange listings through official sources before trading.
Safety-First Approach for Pi Network Users
If you're a Pi Network user, these verified steps can help protect your assets:
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Use only official Pi Network apps - Never enter your Pi account credentials on third-party websites or apps claiming to offer exchanges or price checks.
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Avoid "withdrawal fees" - Legitimate platforms never require payment to access your own funds. This is a common scam tactic targeting Pi users.
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Wait for official Mainnet launch - The Pi team has stated that tokens will only become transferable after the full Mainnet launch. Until then, no legitimate price exists.
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Verify through official channels - Check the official Pi Network website and their verified social media accounts for accurate information about token status and exchange listings.
For additional security guidance on navigating the complex landscape of emerging crypto projects, our comprehensive guide on identifying legitimate crypto projects provides essential frameworks for risk assessment.
FAQ: Pi Coin Price and Safety
Q: Is Pi Coin's $0.21 price real and reliable?
A: The $0.21 price appears only on small, unverified decentralized exchanges (DEXs) with very low trading volume. It is not listed on any major regulated exchange like Binance or Coinbase, and the price lacks verification from reliable sources.
Q: Why isn't Pi Coin listed on major exchanges?
A: Pi Coin is not listed on major exchanges due to regulatory concerns and questions about the project's legitimacy. The U.S. Securities and Exchange Commission (SEC) has previously warned about Pi Network's unregistered token offerings.
Q: What are the main risks of trading Pi Coin?
A: Key risks include price manipulation on low-volume DEXs, potential scams, lack of regulatory oversight, and the fact that Pi Network's Mainnet is not fully open. Many security experts warn that tokens on unverified DEXs may be impossible to sell or transfer later.
Q: How can I protect myself as a Pi Network user?
A: Only use official Pi Network apps, never pay "withdrawal fees," wait for the official Mainnet launch before expecting any transferability, and verify all information through Pi Network's official channels. For general safety principles, consult our guide on crypto investment safety frameworks.
About the Author: Alexandra Vance
Alexandra Vance is a market analyst specializing in macroeconomic drivers of crypto asset valuation, with a focus on central bank behavior, reserve dynamics, and monetary policy spillovers.
Sources & References
- BeInCrypto: "Pi Coin Price Hits $0.21 Level" (December 2025)
- U.S. Securities and Exchange Commission: "Investor Alert: Unregistered Token Offerings" (2024)
- Pi Network Official Website: Mainnet Status Updates (2025)
- Chainalysis Risk Report: "Unverified DEX Trading Patterns" (December 2025)
Disclaimer: This content is for informational and educational purposes only and does not constitute financial, investment, or legal advice. Pi Coin (PI) is not listed on major regulated exchanges and faces regulatory scrutiny from authorities including the U.S. Securities and Exchange Commission. Trading on unverified decentralized exchanges carries significant risks including potential loss of funds. Always conduct your own thorough research and consult qualified professionals before making any financial decisions. The author and publisher are not responsible for any financial losses.
Update Your Sources
For verified information on Pi Network and crypto safety:
- • Pi Network Official Site – Official project updates and status
- • SEC Investor Alerts – Official U.S. regulatory warnings
- • Chainalysis Reports – Blockchain security research
- • CoinTrendsCrypto Safety Archive – In-depth security analysis