Many people wonder: why has the actual value of Pi currency not appeared yet?
The answer is simple: Pi is still in the stage of building the ecosystem and infrastructure, and the essential elements have not yet been completed.
For the true value of the currency to appear, the following must happen:
1. Operating all nodes and super nodes to ensure the security and stability of the network.
2. Activating the Stellar Consensus Protocol (SCP) to confirm transactions in a decentralized manner.
3. Launching 100 decentralized applications as a first phase to expand the use of the currency.
4. Running smart contracts to enable developers to build new solutions.
5. Creating a decentralized app store (Pi Appstore) that includes all applications.
6. Launching an advertising marketplace within the network (Pi Attention Marketplace).
7. Building web 3 sites based on Pi.
After completing these steps, we can expect:
Linking the currency to the real economy
Adoption by companies
Convert it to a stable currency
Injecting large liquidity to support the price
Using it for daily payments
Launching an NFT marketplace
Creating decentralized trading platforms
However, there is one very important point:
Nothing will happen before the completion of the migration and documentation of more than 18 million pioneers, because the strength of the Pi Network lies in its active community.
The team is focused on building a solid and secure foundation, not just launching services quickly without a strong base.
In summary:
Any current technical analysis is merely speculation, as Pi is a non-conformist currency and does not follow the same rules of the current market.