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The #pi Network community is buzzing again, all thanks to renewed speculations that the value of 1 Pi coin could match its much-talked-about Global Consensus Value (GCV) of 314,159.
Yes, you read that right — $314,159 for 1 Pi.

It might sound like a wild dream, but the number actually comes from Pi’s mathematical value — 3.14159. Back when the hype was building, many early supporters hoped the coin would launch at $3.14. But as excitement grew, that hope turned into a full-blown belief (or delusion) for some that Pi could one day be worth a symbolic $314,159.
This belief gained traction through various community events and online discussions long before the mainnet even launched. Additionally, Global Pi GCV events were held to push the narrative and bring visibility to the idea. However, when the coin actually launched, reality hit hard — the value didn’t come close to the expected figure.

As of now, Pi trades at around $0.7393, down 1.52% in 24 hours. The market cap stands at $5.08B, while trading volume has dropped by 45.66% to $164.63M.
But a recent tweet from Pi Network News reignited the spark: “$Pi = 314,159$ GCV. World will agree with this price. Do you agree with this consensus price?”

That one line was enough for the loyal community to start hoping again. While nothing official backs this dream, the optimism is once again alive and trending on Pi forums and Twitter spaces.
Of course, skeptics call it a ‘fake dream chase,’ but for many Pioneers, the belief in Pi’s potential is unwavering — even if the numbers sound fantastical. Whether the world will ever accept Pi at such a high value remains to be seen. For now, it’s speculation — but a powerful one that’s hard to ignore.
#PiNetwork #PiCoreTeam

Amazon and Samsung Prepare to Sue Pi Network for Trademark Infringement

Nicolas Launches Domain Auction Involving Major Brands

On the morning of March 15, Nicolas Kokkalis – the founder of Pi Network – announced a domain name auction using the ".pi" extension. Notably, the auction included domain names related to well-known brands such as Amazon.pi and Samsung.pi, valued at 30,000 Pi ($90,000) and 45,000 Pi ($130,000), respectively. Participants must purchase or hold Pi tokens to participate in the auction.

According to Pi Network, around 300 domain names were registered by Nicolas between 2018 and 2020, many of which resemble trademarks that are legally protected worldwide.

Amazon and Samsung Prepare Legal Action

The auctioning of trademarked domain names such as Amazon and Samsung constitutes a serious violation of intellectual property rights and brand protection laws. Analysts suggest that Amazon and Samsung are likely to take legal action to protect their interests, as they have previously sued individuals and organizations for trademark infringement.

Those who purchase domain names like Amazon.pi or Samsung.pi may risk losing their investments and even face legal consequences for participating in trademark infringement.

Uncertainty Within the Pi Network Ecosystem

After six years of existence, Pi Network has yet to establish itself as a fully functional blockchain. Statistics indicate that only 15% of accounts are allowed to trade Pi on the market, while 85% of accounts (equivalent to 45 million users) remain stuck at the KYC verification stage or encounter Issue #9, preventing them from reapplying for KYC verification.

Notably, some experts suspect that Nicolas deliberately created artificial scarcity to maintain Pi’s value while forcing users to buy more tokens to participate in the domain name auction. This raises concerns that the auction could be a manipulative scheme designed to extract more investment from users.

Additionally, the promise of over 100 DApps launching on the Mainnet has yet to materialize. This further erodes community trust in the project, leading to questions about its transparency and sustainability.

What Lies Ahead for Pi Network?

With these recent developments, Pi Network faces not only potential legal action from Amazon and Samsung but also growing skepticism from its user base. If major corporations proceed with lawsuits, the project could plunge into a severe crisis, negatively impacting the value of Pi tokens and investor confidence.

Can Pi Network overcome these challenges, or is this the beginning of the end for one of the most controversial cryptocurrency projects in the world?

#pinetwork