Pi Coin vs Jio Coin: Pi Network aka Pi Coin and Jio Coin are two cryptocurrencies that are buzzing around the crypto market and making major headlines. On February 20, the most awaited crypto project Pi Network Launched on Mainnet while Jio Coin yet to be launched. While both the crypto coins have different utilities and features, their impact on the cryptocurrency market can be profound.
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Pi Coin vs Jio Coin: What are They?
Pi Coin is the best decentralized system where users can easily mine from their mobile. On the other hand, Jio Coin is a digital currency which can be used within Reliance’s digital ecosystem. Before diving the future outlook of both cryptocurrency, it is essential to know about the features, utility, price challenges of both the coin.
What is Pi Network?
Pi Network Coin is a cryptocurrency developed by Stanford University Graduate Nicolas Kokkalis. Pi Network is a advanced Blockchain ecosystem where user can easily mine from mobile phone. In addition, Pi Network offers a platform where developers can develop new tools and services within the ecosystem.
What is Jio Coin?
Jio Coin, is India’s most anticipated digital currency which is currently in trail stage. In a partnership with Polygon Labs, India’s largest conglomerate Reliance Industries is bringing blockchain and Web3 technology in India.
Jio Coin is basically a reward based token that allows users to earn free JioCoin while surfing internet using JioSphere web browser. It’s a considered as digital currency rather than a traditional cryptocurrency like Bitcoin, Ethereum and Binance.
However, it cannot be called a cryptocurrency. If understood in simple language, it is the reward token of Reliance Jio. We can also call it a digital loyalty point. Users will be able to use it in apps offering Jio service. As far as buying this coin is concerned, it can be earned by shopping on Jio apps. Currently, users will be able to use these coins to get discounts in Jio apps. Going forward, it can take the form of cryptocurrency.
Also Read: 10X Potential 3 Best Cryptocurrency Better than Bitcoin to Buy in 2025
Pi Coin vs Jio Coin: Features
Pi Coin
- It is a digital ecosystems that provides easy mining accessibility in smartphone unlike Bitcoin which requires a Laptop or PC.
- It offers a platform where developers can develop tools and services
- It is a decentralized ecosystem which supports application within the platform
- Pi Network provides decentralized security solution so user can do transactions securely
Jio Coin
- Jio Coin rewards loyalty points for surfing the internet through Jio Sphere web browser
- It is expected, Jio Coin is to be integrated within Reliance’s ecosystems
Jio Coin vs Pi Coin: Utility
Jio Coin’s utility is scarce however it is expected that Jio Coin will used within Reliance’s ecosystems for several activities such as mobile recharges, shopping at Reliance outlets, OTT subscription, Streaming Jio Cinema and other premium services.
Pi Coin works like a digital currency and can be used for many real world activities. For instance you can use Pi Coin for online shopping, paying school fees, paying for Visa and many other activities.
Pi Coin vs Jio Coin: Pricing
Pi Coin listed on crypto exchanges at $1.45 on February 20. Within the 24 hours the Pi Network Coin touched a high of $2.10. At the time of writing this article Pi Coin is trading at $1.59 as per CoinMarketCap data
The price of the Jio Coin is estimated to be around $0.50 (₹43.50 in Indian rupees) initially while there’s no official announcement yet.
Pi Coin vs Jio Coin: Which Cryptocurrency has a Better Upside Potential
Pi Network comes with an advanced Blockchain Technology and offers Smartphone Mining accessibility, easy interface,. Decentralized security, Real world utility and many other features. On the other hand, the Jio Coin is expected to be utilized within Reliance’s ecosystems as discussed above, so the real world activities are less compared to Pi Coin. However, Reliance is likely to integrate with other Jio’s ecosystems and might also list on crypto exchanges later.
Pi Coin is the world’s most anticipated crypto project while Jio Coin is India’s largest crypto project and has a strong user base. Traders and investors alike are eagerly waiting for the Jio Coin listing. Overall Both the Jio Coin and Pi Coin have massive potential in the future, however there’s several challenges which we have discussed below.
Challenges and Rewards
Being a cryptocurrency, the biggest challenge for both Jio Coin and Pi Coin is high volatility in the market can cause price fall. As you have seen the same with Pi Coin after listing on the exchanges, the price of Pi Coin crashed nearly 71% within the first 24 hours and rose more than 105% the next day. Jio Coin however is completely stable as it has not been listed yet.
In addition, there are several other risks associated with price fluctuations, cyber security, cyber attack etc. In such a volatile market, it is really difficult whether Pi Coin or Jio Coin will perform better in the coming time.
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