The Pi Network exchange is the most anticipated event this month 😂, no matter what, it's going to be a good show.
The discussion is very heated right now, but whether it goes up or down ultimately depends on the market.
A project launched in 2019 allows you to earn Pi coins by tapping your phone once a day and increasing your mining speed by inviting others. After six years, so many people still remain loyal.
Some people say that this project is mostly for older folks, but what is the basis for that? How do you know that they are really all older folks?
Some fanatic supporters shout that 1 Pi is worth $314; if that actually happens, it would truly be earth-shattering 😂.
The white paper states a total of 10 billion coins, with the project team holding 2 billion coins (address not disclosed), retail miners can obtain 6.5 billion coins, the foundation has 1 billion coins, and ecological developers can get 500 million coins. The addresses for these three wallets have been disclosed, but the wallet address for the project team's holdings remains a mystery.
Furthermore, very few users in China can currently obtain mainnet Pi coins, even if they have submitted and passed KYC, they still haven't received the actual transferable Pi coins. Most of the circulating coins are from foreign users, which indicates that many people domestically have already spent real money to buy coins, hoping to sell them for a profit after they hit the exchange and go up.
Bitcoin witnessed the value of 'innovation' and 'scarcity', Ethereum witnessed the value of 'applications' and 'ecosystems'. There is a saying in the crypto community: 'Many hands make light work', and even the consensus of fools is still a consensus. Perhaps this time Pi coins can witness the value of 'the masses' 😂.