The Pi Network amazes the world once again... Has the era of new wealth begun?
In shocking news for cryptocurrency enthusiasts, recent reports indicate that the price of Pi currency has jumped to $315,000, with some data suggesting higher levels of $320,000!
Yes, the number is correct: three hundred and fifteen thousand dollars for each Pi currency!
This news has caused a wide stir, prompting us to dig deep to uncover the full truth behind this astonishing number.
How did this happen? What is the secret behind this crazy rise?
The Pi Network has not stood idly by; rather, it has made a smart move by integrating Chainlink Oracle technology to enhance price credibility and link the value of Pi to real-world uses.
What is Chainlink Oracle and why is it important?
Chainlink is a decentralized oracle network that connects blockchain technologies with real-world data.
Today, the Pi Network relies on Chainlink to monitor the currency's value based on direct purchase transactions (P2P) and the actual use of the currency in daily life.
The more Pi currency is used to purchase goods and services, the higher its value rises, and this data is conveyed directly through the Chainlink network accurately and instantly.
How does Chainlink determine the price of Pi currency?
It collects real data from markets, direct selling platforms, and other sources within the Pi ecosystem.
Data is validated using advanced algorithms.
It estimates the real market value based on the volume of actual uses.
Based on this mechanism, astronomical prices reaching $315,000 were observed during symbolic and high-value transactions.
Is this just the beginning of what is to come?
So far, Pi currency has not been listed for open public trading.
However, Chainlink data shows that the official launch of the mainnet could push the price to record levels, supported by high demand and real usage.
In summary:
A GCV index of $314,159 may not just be a dream!
And what is the real secret behind this jump?
Unlike most traditional blockchain networks, Chainlink does not rely solely on internet data; it gathers information from real financial and commercial sources such as stock markets, commodity markets, and even sports betting platforms to link it to the blockchain with high accuracy.
This is what made the collaboration of the Pi Network with Chainlink a revolutionary step to ensure the transparency of the currency's value.
A simple example to understand the valuation mechanism:
Imagine someone bought a mobile phone using Pi currency from a local store.
This small deal is not usually recorded on major digital exchanges, but it reveals the real demand and value of Pi.
Chainlink Oracle captures such transactions and calculates the exact market value based on them.
Dear Pi pioneers:
We are closer than ever to achieving the dream!
The efforts of the Pi Core team continue tirelessly, but true success depends on all of us.
The more active we are and the more we use the currency, the closer we get to seeing Pi at the GCV price.
Don't stop now — let's build a bright future together!
The collaboration between SANO and Chainlink will protect the value of Pi from manipulation and ensure the provision of reliable data for smart contracts.
According to internal data tracking:
Highest recorded value: $315,000
Lowest recorded value: $313,000
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