Pi

#Pi Coin has plunged to $0.55 on OKX, hitting an all-time low as over 343M tokens prepare to unlock. Daily unlocks are flooding the market, and July 6 could trigger peak sell pressure.

The breakdown below $0.70 spooked investors, and indicators remain bearish. Unless Pi Network delivers major news soon, $0.50 could be next.

#Pi #network one of the most anticipated crypto projects in the world, has not yet been officially listed on Binance or any major exchange. While excitement continues to grow around the project’s massive user base — now estimated at over 55 million — the network is still in its Enclosed Mainnet phase.
🔍 Key Facts
Pi is NOT yet tradable on #Binance or any external exchange.
Any #Pi_tokens_listed outside the Pi app are unauthorized and not from the official network.
The Pi Core Team has confirmed that Pi will only be listed after the Open Mainnet goes live.
🛡️ Stay Safe:
Be cautious of scams or “Pi” tokens claiming to be the real thing on unofficial platforms. Only trust updates from Pi Network’s official channels.
📅 What’s Next?
Once KYC is completed by most users and the network infrastructure is ready, the Pi Core Team plans to move to Open Mainnet — which could eventually lead to a Binance listing.

The Pi Network community continues to champion the concept of a Global Consensus Value (GCV) of $314,159 per Pi Coin, a figure that has ignited intense debate across social media platforms. But as thousands of hopeful pioneers cling to this symbolic price tag, banks and financial institutions remain silent, while experts argue that the dream is completely detached from economic reality.
What Is the GCV and Why $314,159?
The GCV of Pi Coin is derived from the mathematical constant Pi (3.14159), multiplied by 100,000. To many within the community, this number represents more than just price—it embodies the power of grassroots coordination and a shared vision of financial independence.
Supporters argue that since the Pi community built the ecosystem, it should be able to assign value through consensus, not wait for external validation. Movements like the Double Value Movement and GCV Global Ambassadors actively promote adoption at this symbolic price.
Yet, despite passionate endorsements, no cryptocurrency exchange, bank, or regulatory body recognizes Pi Coin at—or even near—this valuation.
Market Reality Check: No Institutional Recognition
In real-world terms, the Pi Coin is still not tradable on major exchanges like Binance or Coinbase. What traders see on platforms like HTX (formerly Huobi) are IOU tokens, not real Pi Coins from the open Mainnet. These IOUs currently trade in the $0.60–$0.65 range, a stark contrast to the GCV.
Even with the February 2025 launch of Pi’s Open Mainnet and utility platforms like Boostr, which allows users to pay bills and buy services using Pi, the infrastructure falls short of supporting a trillion-dollar valuation.
According to experts, a coin priced at $314,159 with even a modest circulating supply of 100 billion Pi tokens would imply a total market capitalization exceeding $31 quadrillion—a figure larger than the combined global GDP and crypto market.
Banks simply cannot engage with such a construct due to:
Lack of regulatory approvalNo fiat convertibilityMissing KYC compliance and audited reservesLow liquidity and extreme volatility
Why Banks Say No: Risk and Regulation
Financial institutions operate under strict compliance frameworks. For any digital asset to gain institutional endorsement, it must demonstrate:
Transparent monetary policyVerifiable supply mechanismsAuditable reserves or underlying collateralRegulatory licensing and exchangeability for fiat
Bitcoin, for example, earned institutional trust through more than a decade of decentralized operation, price discovery through open markets, and high liquidity. In contrast, Pi remains semi-closed, centralized, and lacks clarity on its final supply model.
No reputable bank or financial regulator can assign lending value, reserve backing, or product issuance based on a symbolic or community-declared price, especially when no official liquidity or fiat gateway exists.
Is It Hope or Hype?
Some in the Pi community argue that all great crypto projects began with belief—Bitcoin included. But belief alone isn’t enough. Utility, transparency, and open trade are essential to lasting value.
If the GCV continues to be promoted without addressing the underlying lack of exchange, demand, or market recognition, users risk misleading expectations and potential disillusionment.
Yes, Pi’s community is among the strongest in Web3. However, if value is assigned without economic logic, and hope replaces financial fundamentals, the GCV may become a cautionary tale of self-reinforcing belief detached from reality.
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#pi #PiNetworkMainnet