*No guarantees** – Even if Pi trades officially, $1 is not certain; many factors (supply, demand, regulation) will determine its real value.

 As of my last knowledge update in June 2024, Pi Network's **Pi Coin** remains in the **Enclosed Mainnet phase**, meaning it is not yet tradable on major public exchanges. Therefore, any price predictions, including a potential rise to **$1**, are speculative and based on community sentiment rather than verified market activity.

### Key Points to Consider:

1. **No Official Listing Yet** – Pi is not listed on major exchanges (e.g., Binance, Coinbase), so any "price" you see is from **unofficial markets** (IOUs or peer-to-peer trading), which carry high risk.

2. **Mainnet Progress** – The Pi Core Team has been working on KYC, utility development, and ecosystem growth. A full Open Mainnet launch is required for real price discovery.

3. **$1 Speculation** – Some community members believe Pi could reach $1 or higher based on hype, scarcity (30B+ mined supply), and potential adoption. However, without real trading volume, this remains theoretical.

4. **Past Trends** – Unofficial prices have fluctuated wildly (from $0.10 to over $300 in IOUs), but these are not reliable indicators.

### When Could Pi Reach $1?

- **If Open Mainnet launches successfully** and Pi gets listed on top exchanges, demand could drive the price up.

- **Utility adoption** (apps, merchants accepting Pi) will be crucial for sustained value.

- **Market conditions** (crypto bull run?) could influence Pi’s price if it goes live.

### Caution:

- **Beware of scams** – Fake exchanges or sellers may exploit hype.

- **No guarantees** – Even if Pi trades officially, $1 is not certain; many factors (supply, demand, regulation) will determine its real value.

For now, monitor **official Pi Network announcements** ([minepi.com](https://minepi.com)) for updates on Open Mainnet and exchange listings. Until then, price discussions remain speculative. 🚀