Pi network coin (6)

in Steem4Nigeria8 days ago

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source: https://pixabay.com/illustrations/pi-board-blackboard-chalk-math-1453836/

Pi network is on the verge of its biggest launch, it might just change everything whether you're mining or curious about his potential.

This is the moment we've all been waiting for or stay tuned as we break down.

What this means the expected value of pi and whether it's time to start dreaming big or staying cautious.

We almost touche on a key Milestone that could potentially reshape how we view the network in long-term.

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source: https://pixabay.com/photos/train-transit-railway-rail-journey-5115906/

Open mainet launch has been eagerly awaited by millions of pioneers cryptocurrency enthusiasts.

It represents a major step forward for this project and what we can realistically expect from this launch, the factors influencing Pi coin value and what its price might look like once it becomes tradable.

On global markets there are some simulations and estimates regarding the potential value of pi coins based on the current market conditions and what we anticipate in terms of adoption and utility open mainnet.

A closed ecosystem to a globally interconnected cryptocurrency for those unfamiliar the open mainnet will enable external connectivity allowing pi to interact with other blockchains and wallets as well finally be able to trade Pi coins on various cryptocurrency exchanges parking a significant departure from the current closed system.

This connectivity will provide opportunities for Pi to integrate with decentralized apps and be used in real world transactions making it more than just a theoretical concept.

Notably the Pi team has announced that at least 20 applications are already being tested for compatibility with the open mainet aim to create real world utilities for Pi ranging from payment gateways to decentralized finance defi tools.

This transformation of becoming a widely adopted digital currency or fall short of expectations, one of the most important determinants will be adoption with over 55 million users currently registered as pioneers, the potential for active trading and utility is immense.

However this will only happen if users see value in holding and using the coin for everyday transactions, the more people use Pi the greater the demand for it which could positively impact its value.

Another critical factor is the quality and variety of apps that integrate Pi, while some apps are already prepared for launch their functionality and user friendliness will be key to driving adoption if these apps fail to deliver meaningful utilities.

The value of Pi May stagnate, additionally the supply and demand Dynamics will play a crucial role if the number of coins available on the market significantly exceeds demand the price of Pi could drop sharply.

Conversely if Supply is limited and demand grows steadily we could see the coins value rise.

Lastly speculation will likely Drive the initial price as is often the case with new cryptocurrency launches investors excitement about the potential of Pi could temporarily inflate its value.

Those sustaining such momentum will depend on tangible results to provide some perspective, with a few price estimated based on hypothetical market capitalization scenarios and the anticipated supply of Pi coins at launch.

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source: https://pixabay.com/illustrations/ai-generated-chess-game-strategy-8707686/

Let's consider three possibilities :
First in a low market cap scenario where the total market cap is between around 1 billion dollars and 5 bill starting price of Pi might be approximately 20 cents per coin, This scenario assumes limited liquidity and modest demand.

In a moderate market cap scenario where the market cap reaches 10 billion dollars the price could be closer to $2 per coin reflecting increased adoption and trading activity.

Finally in a high market cap scenario with a $50 billion dollar valuation significant demand and widespread adoption while these figures are speculative they provide a rough idea of what to expect based on different levels of Market interest and activity adult deeper, we estimate how Pi price might evolve during the first 90 days after launch in this simulation Pi starts at 20 cents per coin and experience is a daily demand growth rate of 5%.

This if demand consistently outpaces apply the price could rise steadily over time according to ideal conditions Pi value could climb to $50 per coin within 90 days.

However it's essential to remember that these figures are purely speculative and depend on several variables including Market sentiment user Behavior and the apps development within the significantly highlighting.

The associated with speculative Investments while the potential for Pi is enormous it's important to consider both the risks and opportunity on the risk side and over supply of coins but dilute their value especially if demand fails to keep up regulatory challenges.

Also as large as governments worldwide grapple with how to classify and regulate cryptocurrencies.

Additionally if it fails to deliver on its Promises of utility and integration it could struggle to maintain user interest on the opportunity side.

The strong and dedicated Pi Community is a significant asset with millions of users worldwide Pi has a built-in base who can help Drive adoption.

Moreover if the network succeeds in creating meaningful utilities and real world in the cryptocurrency market he will be striking a balance between Supply demand and ongoing Innovation to sustain long-term grow.

As we approach the open mainnet launch it's important to remain realistic about what to expect many people view Pi is a ticket to overnight wealth but this is an unrealistic expectation in most cases cryptocurrency markets are highly volatile and speculative and success often requires patience strategic planning and a bit of luck .

While the launch of the open mainnet is undoubtedly, a significant milestone is just the beginning of a much longer Journey building.

A sustainable and successful cryptocurrency ecosystem takes time and consistent effort from both developers and the community.

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source: https://pixabay.com/photos/cryptocurrency-concept-blockchain-3409725/

A single tap on your phone each day could unlock the door to a new Financial Frontier:

To register Just copy, paste this link on Google :
minepi.com/oualidje1975

YOU MUST USE INVITATION CODE :
oualidje1975

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 7 days ago 

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 4 days ago 

Hi thank you for thé review, but when i will be vérified ?.