Does the value of Pi Coin reach $315,000? The prophet of Chainlink reveals the truth!

Pi Network shocks the world once again!

According to news reports, the price of Pi Coin reached $315,000, and in some data, this high price reached $320,000!

Yes, you read that right, three hundred fifteen thousand dollars!

I was surprised after reading this news so I decided to do some research.

And now the big question arises, how could this happen?

To verify this price, Pi Network took a further step and integrated Chainlink Oracle into its system.

But before you are surprised by the price of Pi, let’s understand what Chainlink Oracle is.

What is Chainlink Oracle?

Chainlink is a decentralized oracle network that acts as a bridge between blockchain and real-world data.

Now, Pi Network uses Chainlink Oracle to track the value of Pi based on P2P transactions and real-world utilities in the Pi ecosystem.

This means that as the use of Pi in the real world increases (to purchase goods and services), its value also increases, and Chainlink converts that into a live data feed for everyone to see.

How does Chainlink Oracle discover the price of Pi?

Chainlink collects real-time price data from a variety of sources such as P2P markets, utility platforms, and the broader Pi ecosystem.

Then validate this data and use diversification methods to estimate the value of Pi.

Based on this data, extreme prices have been recorded reaching up to $315,000, especially from symbolic utility deals or high-value strips.

Is this a glimpse into the future?

Pi has not been fully listed on the open market yet.

But data via Chainlink Oracle definitely indicates that once Pi launches on the open mainnet, its demand and utility could drive it to incredible heights.

In other words, GCV 314159 has been confirmed (a joke or maybe not!).

Are you still confused?

Don't worry - I was confused at first too. Here’s the clarification:

Chainlink is a blockchain that does not rely solely on online data.

It collects real prices from places like stock markets, cricket betting, agricultural markets, etc., and connects them to the blockchain in real-time.

This feature is not available on most blockchains - which is why Pi Network partnered with Chainlink.

Take an example.

Let’s assume someone uses their Pi token to buy a mobile phone from a local store.

This transaction has not been recorded on a major cryptocurrency exchange, but it shows the real demand and utility of Pi.

Chainlink Oracle collects data from off-chain components like phone prices and Pi used, then estimates the market value of Pi in real-time.

Our pioneers, our dream has almost become a reality but we must work even harder!

The Pi Core team is working with all their heart, but actual progress depends on us.

The more effort we put in, the sooner we see Pi priced at GCV.

Don't stop now - together, let’s build a new world!

SANO+Chainlink will reduce the risk of manipulating the value of Pi using its Oracle and ensure the integrity of data provided to the smart contract.

When tracking the value of Pi internally, the data shows that the value of Pi reached $315,000, with a low of $313,000.

#Pi_Network #Crypto_News #باي