June 28, 2025: A historic moment for the Pi Network community and the global cryptocurrency landscape

A day of great hope for the Pi Network community

June 28, 2025, is expected to become a significant milestone in the journey of the Pi Network community. Referred to as the 'Day of Great Hope,' millions of Pi Pioneers are eagerly awaiting an official response from the Pi Core Team regarding the Global Consensus Value (GCV). This event is an opportunity for the community to demonstrate its strength, promoting recognition of GCV as the real value of PiCoin. Global activities, especially in Asia and Africa, have begun to call attention to this value.

Global Consensus Value: A value established by the community

The concept of GCV and its significance

GCV is not a price set by exchanges but rather a value proposed by the community, reflecting trust, connection, and unity in the development of Pi. There have already been over 6 million small transactions on the blockchain demonstrating that users have started to use GCV in real transactions. A recent survey showed that 99.1% of users support this value. Supporters argue that while the development team focuses on infrastructure like the Mainnet and identity verification, it is the community that is the source of converting GCV into the intrinsic value of Pi.

The development direction of Pi is based on GCV

If the Pi Core Team officially accepts GCV, it will not mean establishing a fixed price for exchanges. Instead, the community will be at the center of driving the construction of the ecosystem, enhancing the practical application of Pi in daily life, and expanding the usability of this cryptocurrency. This strategy aims to create a self-sustaining ecosystem, based on strong community consensus.

Assessments and objections regarding GCV

Counterarguments and challenges

Some analysts argue that GCV is merely symbolic, with unclear practicality, and the true value of Pi may only be accurately determined when the Mainnet opens. Experts like Dr. Altcoin warn that without significant updates and discussions about GCV, Pi could drop to a level of 0.4 USD. Meanwhile, any positive news regarding the roadmap or minor updates could potentially boost the price and the community's sentiment.

The impact of a lack of clarity from the development team

The silence of the Pi Core Team can have a significant negative impact, leading to mass sell-offs and a decrease in user trust. The community demands that the official team recognize GCV as a symbol of respect for the millions who have supported the project for many years.

Can GCV change the landscape?

The current situation of Pi Coin

At this time, Pi Coin has dropped 24% in the past month and over 80% from its all-time high. New token unlocks along with major news yet to emerge have put significant pressure on the value of Pi. With anticipation for the upcoming Mainnet launch, updates on GCV, trading tools, or official news could reshape the future of this project.

Risks and opportunities

If the leading team continues to remain silent, the risk of mass sell-offs will spread, undermining community trust and negatively impacting the value of Pi. Conversely, announcements about updates, feature expansions like smart contracts, or trade solutions could enhance resilience and increase the value of Pi, strengthening the trust of the cryptocurrency community.

Source: https://tintucbitcoin.com/phat-trien-co-chinh-thuc-phan-hoi-gcv/

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