Plian PI

What PI actually is on-chain

Another asset tracked on this site also uses the ticker PI: Pi Network (another network). These are unrelated tokens with separate contracts, separate supply and separate price histories — a price alert set on one of them says nothing about the others, and a ticker search is not enough to tell them apart.

For PI the project publishes a whitepaper and an active account as @plian_org. That is a partial paper trail — enough to check claims against, not enough to audit. None of it is a quality judgement about the asset; it is simply what can be independently checked before the chart is worth looking at.

Where PI sits in the market

Plian ranks #3404, in the upper long tail, past the point where most data providers stop publishing supply figures, far outside the set of assets that carry continuous market-maker coverage. At this end of the table the first question is data integrity rather than valuation: a quote can originate from a single pool or a single venue, reported volume is difficult to verify independently, and the distance between the last print and a genuinely executable price can be wide. Treat any indicator computed on this series as provisional.

CryptoPingAi is currently streaming 3 live PI order books (OKX, Gate.io, MEXC). That is coverage in line with a #3404 ranking: enough books to cross-check a quote, few enough that one of them can dominate price formation for hours at a time. None of the books we see for PI are regulated US or Korean venues, so this is an offshore-quoted asset — availability, and the price itself, depend on which jurisdiction you trade from.

PI against its all-time high

PI trades 91.5% below its $0.9197 record (on 2018-07-17), which puts a 11.8x recovery between spot and that level. A drawdown of this size is usually a structural break rather than a correction — the market that set the high and the market trading today are not the same market. Using that print as a price objective is not a conservative assumption, it is a very aggressive one. It was set 8 years ago. A reference that old says more about the cycle it belongs to than about the asset as it trades now.

PI across its historical range

The full recorded range for PI spans 1,313,809x — from $7.00e-07 at the low to $0.9197 at the high. A range that wide is not volatility in the ordinary sense; it is the signature of an asset that repriced from a near-zero base, and percentage-based indicators behave very differently across it.

Spot is roughly 111,143x above the $7.00e-07 low (on 2025-01-25). The practical consequence is a cost-basis distribution skewed by orders of magnitude: a slice of the supply was acquired at a price that rounds to zero against today's, and that supply is price-insensitive on the way up. Rallies in an asset like this do not fail because demand disappears — they fail because early supply meets them.

PI supply and valuation data

Supply figures for PI are self-reported at this rank rather than reconciled against the chain, so we publish the valuation we have and not a circulating-supply number we cannot check. What we do have is a fully diluted valuation of $1.0 million as of 2026-05-12. That sits around the middle of the distribution — roughly half the assets tracked here carry a smaller fully diluted value.

Since the figure is a snapshot rather than a live number, we do not reverse it into a supply count: the price has moved since it was taken, and that division would produce a confident but incorrect token count. For any per-token valuation, check the current supply on the project's own explorer first.

What kind of asset PI is

Plian is a base-layer network, so PI is simultaneously the chain's security budget and its unit of account rather than a claim on a business. Value accrual runs through validator economics and through whatever activity settles on the chain itself. It is secured by proof of stake, so a portion of the supply is bonded to validators at any moment and the float genuinely available to trade is smaller than the circulating figure implies; unstaking queues, not order books, set how fast that can change.

CoinGecko files PI under 2 categories, including Proof of Stake (PoS).

How to set a Plian alert that is worth receiving

Plian (PI) — quoted on 3 venues we stream — high dated 2018-07-17 — rank #3404. On this profile the condition that carries signal is thresholds anchored to the recent range rather than to the all-time high.

Full alert-design method: thresholds, RSI/MACD and volume conditions →