- Introduction: ..
Cryptocurrencies have seen many ambitious projects that started with great promises, but ended up as unsustainable financial bubbles. One of these controversial projects is #Pi_Network، which attracted millions of users thanks to its unique mobile mining model 📱 However, many analysts question its sustainability...
- How does #Pi_Network work? 🛠️
#Pi_Network promotes itself as a digital currency that can be easily mined via smartphones without the need for advanced equipment or massive energy consumption like Bitcoin, it relies on a proof-of-trust system instead of proof-of-work or proof-of-stake which makes mining available to everyone.
Users are encouraged to invite others to increase their mining speed, creating a “pyramid-like system” 📈. Despite years of promises to launch the mainnet, the coin is still not listed on any major exchanges, raising questions about its legitimacy and credibility.
- The future of#Pi_Networkwhere is it heading…
° Pessimistic scenario: .. If #Pi_Network continues to delay its listing on major platforms, users may begin to lose confidence, leading to a collapse in market interest in it. When it is listed, it may be exposed to huge selling pressure that will cause its value to collapse within days, as happened with #Hamster_Coin, which lost more than 90% of its value after its initial listing.
° Optimistic scenario: .. If the project succeeds in launching a strong main network and finding real uses for #Pi_Network،, it may be able to achieve long-term stability .. But this requires great transparency from the development team and proving that it is not just a bubble inflated by marketing ..
• Finally: .. 💭
#Pi_Network is still a mysterious project that raises a lot of controversy despite the great popularity it has gained. The absence of actual listing and the lack of real uses so far make it closer to a digital bubble that may explode at any moment if it cannot provide real value like stable digital currencies do.
📌 • Advice for investors: … Before investing in any digital currency, make sure that there is a real project behind it and not just promises and marketing based on attracting more users only … |