What’s up, crypto-family! Today we are going to untangle the gossip about Pi Coin, that coin that many mine from their phones and that has people intrigued: how much money can it give us in the next five years? Because, even though the crypto market is a bit crazy with geopolitical tensions (oh my God!), the Pi Network keeps giving us something to talk about. 🌍💰
It turns out that today the Pi Coin made a little jump, rising about 6% and reaching $0.5834. But let's not get too excited too quickly, because its trading volume plummeted by 55%! This means that people are not selling desperately, but they are also not buying like crazy. Over the week, Pi has lost 7% and in the last month, a staggering 34%! A heart-stopping drop! 😱
Now, the good gossip was shared by an expert who knows the score, Dr. Altcoin. He says that for the Pi Network to be worthwhile and not remain in limbo, it needs at least five years! Five years? Yes, my people, five years to show that it serves a purpose in real life. Just imagine, Dr. Altcoin says that if Pi Coin doesn't start being used in stores, businesses, or for day-to-day transactions, its value will stagnate, as if it were in financial purgatory. 🤷♀️
Dr. Altcoin also dropped an interesting fact: 95% of the 'Pioneers' (that’s what they call those who mine Pi) have less than a thousand Pi Coins, and most of those coins are 'locked' or waiting to be transferred. It's like having a hidden treasure that you can't use. 🗝️
But here comes the hope: Dr. Altcoin predicts that the price of Pi Network will have to rise to about $10! Why? Because if not, it won't be practical to use it in its own ecosystem. In other words, for Pi to be used to buy a coffee or pay for a service, it needs to have decent value. Just imagine the potential! 🚀
So, what does Pi need to take off like a rocket? According to Dr. Altcoin, there are three fundamental pillars:
Real Utility: That it has applications (dApps), that it can be used to pay in stores or for online purchases. It needs to have a real use, not just a little game! 🛒💻
User Migration: That people move their Pi Coins from the testnet (the test network) to the mainnet (the main network). This would increase liquidity and make the coin more usable. Let's migrate those coins, friends! 🔄
Entering Big Exchanges: If Pi Coin manages to get into giants like Binance or Coinbase, hold on tight! That would give it brutal credibility and visibility, and its price could explode. 💥
Although Pi Coin is somewhat 'oversold' according to technical indicators (which could attract more buyers looking for low prices), its future depends on proving that it is more than just a coin to collect.
So, my dear Pi-addicts, keep mining and cross your fingers. Will we see Pi Coin at $10 and beyond? Only time will tell! 🤞🕰️$PIXEL $pippin $PIVX